1052 Belmont

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1052 Belmont

Long Beach, CA 90804
Asking Price
Contact for price
Asset Type
Apartment Building Multifamily
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Three-unit multifamily apartment building available for purchase
  • Located in Long Beach at 1052 Belmont
  • Property situated within the 90804 ZIP code area
  • Multifamily asset class suitable for residential investment
  • Accessible location within the Southern California regional market

What's Special

This multifamily apartment building contains three units in Long Beach, California. Situated in the 90804 ZIP code, the asset provides a residential investment option within the broader Los Angeles metropolitan area. Long Beach maintains a diverse economy supported by its major port, aerospace industry, and a robust hospitality sector, making it a consistent hub for rental demand. The property is positioned to serve individuals looking for housing within this coastal urban environment. Investors and operators may find this building suitable for long-term hold strategies or repositioning efforts given the current residential market dynamics in Southern California. The location offers accessibility to regional transportation corridors and established neighborhood infrastructure. Prospective buyers can assess the three-unit layout to determine how best to integrate the asset into an existing rental portfolio or explore value-add potential.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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