Description
Incredible investment opportunity in the heart of belmont shore! this fully occupied 4-unit property features four 1-bedroom, 1-bathroom units, each offering steady income with room to improve rents over time. located just blocks from the beach and the vibrant shops and restaurants along second street, this is a rare chance to own in one of long beach’s most sought-after coastal neighborhoods.
the property includes four garage spaces— all rented out separately for additional monthly income. with all units currently leased, investors will benefit from immediate cash flow and strong long-term upside.
whether you're looking to expand your portfolio or invest in a premier rental market, 267 la verne dr combines location, stability, and future potential.
Property Type
Residential IncomeCounty
Los AngelesStyle
TraditionalAD ID
49768239
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Property Details
-
Interior Features
Water/Sewer
- Water Source : Public
- Sewer : Public Sewer
Interior Features
- Roof : Asbestos Shingle
- Interior Features: Ceiling Fan(s)
- Windows: Blinds
- Property Appliances: Gas Range,Water Heater
- Fireplace: None
- Flooring: Carpet,Vinyl
Cooling Features
- None
- Air Conditioning
Heating Source
- Floor Furnace,Wall Furnace
- Has Heating
Fireplace
- Fireplace Features: None
- Has Fireplace: 0
-
Exterior Features
Building Information
- Year Built: 1943
- Building Area Total: 2,880
- Construction: Drywall,Concrete
- Roof: Asbestos Shingle
Foundation
- Raised
Accessibility Features
- No Stairs
Pool Features
- None
Laundry Features
- Common Area
Fencing
- None
-
Property / Lot Details
Lot Details
- Lot Dimensions Source: Vendor Enhanced
- Lot Size Acres: 0.109
- Lot Size Source: Assessor
- Lot Size Square Feet: 4748
-
Listing Information
Listing Price Information
- Original List Price: 1,875,000
- Listing Contract Date: 2025-05-12
Lease Information
- Listing Agreement: Exclusive Right To Sell
-
Taxes / Assessments
Tax Information
- Parcel Number: 7249013023
-
Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Garage and Parking
- Garage Description: Garage,On Street
Homeowners Association
Rental Info
- Lease Term: Negotiable
- Tenant Pays: All Utilities
-
School, Utilities & Location Details
Other Property Info
- Source Listing Status: Active
- Source Neighborhood: 1 - Belmont Shore/Park,Naples,Marina Pac,Bay Hrbr
- Postal Code Plus 4: 3518
- Directions: Crossroads are Broadway and LaVerne
- Source Property Type: Residential Income
- Area: 1 - Belmont Shore/Park,Naples,Marina Pac,Bay Hrbr
- Property SubType: Quadruplex
Building and Construction
- Property Age: 82
- Common Walls: 2+ Common Walls
- Property Condition: Repairs Cosmetic
- Structure Type: Quadruplex
- Year Built Source: Assessor
- Entry Level: 1
- Entry Location: 1
- Property Attached: Yes
- Levels or Stories: Two
- Building Total Stories: 2
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BuyOwner last updated this listing 06/21/2025 @ 11:10
- MLS: PW25105287
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: CRMLS
is a Home, with 4 bedrooms which is for sale, it has 2,880 sqft, 4,748 sized lot, and 4 parking. are nearby neighborhoods.