143 Pomona Ave - Apartments FOR SALE


Long Beach, CA 90803- Belmont Shore
$1,750,000 USD
562-397-9520
143 Pomona Ave, Long Beach, CA for Sale
$1,750,000 USD
Apartments - FOR SALE
1/5
null | 2.88% Cap Rate

143 Pomona Ave
Long Beach, CA 90803
Belmont Shore


HIGHLIGHTS

  • Less than 2 blocks to the Beach
  • Less than 2 blocks to 2nd Street shopping & entertainment
  • Easy access to 405, 605 & 710 freeways

OVERVIEW

Located in the highly desirable Belmont Shore neighborhood, this well-maintained triplex offers investors a rare opportunity to acquire a quality asset in one of Long Beach’s most vibrant coastal communities. Positioned between Ocean Boulevard and 2nd Street, the property provides easy access to the beach, bay, and the eclectic 2nd Street shopping and dining district, ensuring strong tenant appeal and excellent lifestyle amenities within walking distance. Cash or cash to a new loan. Sale not subject to Seller's 1031.

FOR SALE DETAILS

PRICE

$1,750,000 USD

PRICE/SF

$731 USD /SF

# OF UNITS

3

PRICE/UNIT

$583,333

CAP RATE

2.88%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1947

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.05 AC

LAND SF

2,323 SF

ZONING

LBR2S

APN/PARCEL ID

7247-009-043

ASK ABOUT THIS PROPERTY

Steve WarshauerColdwell Banker Commercial BLAIRMore Info
562-397-9520

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Steve WarshauerColdwell Banker Commercial BLAIRMore Info
562-397-9520

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.