USACALong BeachEastside (Es)1052 Belmont Ave

$1,790,000

Sold

2 months ago

1052 Belmont Ave, Long Beach, CA

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

House

MLS® PW26073641

Buyer represented by Ben Elahi of BHHS CA Properties

0 Bed

0 Bath

10 Parking

Key Facts
Description
Rooms
Map

Key Facts

Type Triplex

Levels Residential Income

Size -

Garage Yes

Taxes

Lot Size 0.1329 Acres

Approx. Age 1989

MLS® Number PW26073641

Property Address: 1052 Belmont Ave, Long Beach, CA, 90804-4302

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

FireplaceYes

Acreage

Exterior

GarageYes

Approx. Age1989

Basement

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

Garage Spaces

HeatWall Furnace

A/C

Extras

Price History

Jun 12, 2026End Date

$1,725,000Sold Price

Sold

Apr 16, 2026List Date

$1,790,000List Price

Commute

Commute

Starting Address

Destination Address

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