221 Belmont

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221 Belmont

Long Beach, CA 90803
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).

  • The asset comprises four individual residential apartment units.
  • Property is situated at 221 Belmont in Long Beach.
  • Located within the 90803 zip code of coastal California.
  • Multifamily building available for acquisition in a dense market.
  • Asset sits near major transit routes and regional economic centers.

What's Special

This multifamily apartment building contains four units and is located in the coastal city of Long Beach, California. Positioned in the 90803 zip code, the property benefits from proximity to the Pacific coastline and the diverse economic landscape of the greater Los Angeles metro area. Long Beach serves as a major hub for maritime commerce and maintains a consistent demand for residential housing near the harbor and downtown centers. Investors looking for small-scale residential holdings will find this asset suitable for long-term rental income strategies. The site provides access to regional transit corridors and the local amenities characteristic of a well-established Southern California submarket. Its density profile makes it a manageable addition to a multi-unit investment portfolio within a high-barrier-to-entry coastal market.

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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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