USACALong BeachEastside (Es)1052 Belmont

New

$1,790,000

For Sale

2 days ago

1052 Belmont, Long Beach, CA

Name: 1052 Belmont, For Sale in Long Beach - eXp Realty
Brand: Coldwell Banker Realty
SKU: PW26073641
Price: 1790000 USD

House

MLS® PW26073641

0 Bed

0 Bath

10 Parking

Key Facts
Description
Map

Key Facts

Type Triplex

Levels Residential Income

Size -

Garage Yes

Taxes

Days Active 2

Lot Size

Approx. Age 1989

MLS® Number PW26073641

Property Address: 1052 Belmont, Long Beach, CA, 90804

Average square foot calculated using Size range provided by listing agent.

Description

1052 Belmont Avenue is a high-quality, townhouse-style triplex built in 1989 by the original owner-builder. Offered for sale for the first time, this well-maintained 3-unit property includes three 3-bedroom, 3-bath residences and stands out as one of the most unique and versatile investment opportunities in Long Beach. The property totals approximately 6, 000 square feet of living space and features pride of ownership throughout. The largest unit that is approx. 2400 SF has been rehabbed and will be delivered vacant at close of escrow, offering the opportunity for immediate owner occupancy or lease-up at market rents. The remaining two units are occupied by long-term tenants and provide stable cash flow with clear upside due to below-market rents. Each unit includes an attached two-car garage, interior laundry, fireplace, dining area, balcony, and generous closet space. In addition to the six garage spaces, the property offers four on-site parking spaces. All units are separately metered, and tenants are responsible for their own utilities, making this a low-maintenance asset ideal for both seasoned and first-time investors. A 16.7% immediate scheduled income increase between the vacant renovated unit and the other two units supports a projected 5.55% CAP rate and 12.64 GRM. With strong curb appeal, solid infrastructure, flexible use as an investment or owner-occupied residence, and the possibility of condo conversion, 1052 Belmont Avenue presents a rare opportunity to acquire a stabilized asset with both immediate and long-term upside in one of Long Beach’s most supply-constrained submarkets. The property is ideally located near the Traffic Circle, California State University of Long Beach, Wilson High School, Recreation Park Golf Course, and the shops and restaurants of 2nd Street, offering convenient access to some of the city’s most desirable amenities.

MLS® NumberPW26073641

Laundry LevelEnsuite

Central VacNo

FireplaceNo

Acreage

Exterior

GarageYes

Approx. Age1989

Basement

DrivewayDirect Access, Garage, Garage Faces Rear, Side By Side

Garage Spaces

Heat

A/C

Heating Fuel

Extras

Price History

-End Date

Not Sold YetSold Price

For Sale

Apr 16, 2026List Date

$1,790,000List Price

Home Appraisal

This property is estimated to sell between: $654,000 and $2,358,000.

Similar properties in this area sold on average for: $654,666

Expected to sell in 46 days. Similar properties sold in 48 days. This home has been on eXp Realty for 2 days.

The estimated sale price does not take into account many variables such as recent renovations, type of appliances, school district etc. To get a more accurate estimate please contact agent.

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