Millman Team Real Estate

$1,575,000
0.11 Acre Lot

267 La Verne Avenue, Long Beach, California 90803

  • Residential Income Property Type
  • Garage Cars Garage
  • 1943 Year Built
Property Description

Major Price Improvement! Calling all Investors to this Incredible investment opportunity in the heart of Belmont Shore! This fully occupied 4-unit property features four 1-bedroom, 1-bathroom units, each offering steady income with room to improve rents over time. Located just blocks from the beach and the vibrant shops and restaurants along Second Street, this is a rare chance to own in one of Long Beach’s most sought-after coastal neighborhoods.

The property includes four garage spaces— All rented out separately for additional monthly income. With all units currently leased, investors will benefit from immediate cash flow and strong long-term upside.

Whether you’re looking to expand your portfolio or invest in a premier rental market, 267 La Verne Dr combines location, stability, and future potential.

Basic Details
Residential Income
For Sale
PW25105287
$1,575,000
Neighborhood
1943
0.11 Acre
Active
1
Quadruplex
: Asbestos Shingle
Features
: None
: Wall Furnace, Floor Furnace
: None
: None
: None
: Garage, On Street
: Traditional
: Carpet, Vinyl
: Ceiling Fan(s)
: Common Area
: Public Sewer
: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected, Cable Available, Phone Connected
: Blinds
$0
Appliances
: Gas Range, Water Heater
Address Map
CA
Los Angeles
Long Beach
Belmont Shore (BSD)
90803
La Verne Avenue
267
Crossroads are Broadway and LaVerne
1 - Belmont Shore/Park,Naples,Marina Pac,Bay Hrbr
Additional Information
$0
$0
$0
$0
$0
: No Stairs
2880
: Sidewalks, Street Lights, Curbs, Biking, Storm Drain(s), Marina, Water Sports
: Drywall, Concrete
Electricity - On Property
1
: Raised
4.0
: Two
: Front Yard, 2-5 Units/Acre, Lawn, Street Level
4
2025-05-15
1875000
2
2
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: Public
Broker/Agent Information
Keller Williams Coastal Prop.
Heidi Bailey
Listing Information
Leslie Teater
PWLESTEA
PB8089
Keller Williams Coastal Prop.
pwbaihei
PB8089
Cash,Cash to Existing Loan,Cash to New Loan,Conventional,1031 Exchange,FHA,VA Loan
Active
2025-07-16T19:49:48Z
CRMLS
: Standard, Trust
2025-05-15T06:15:48Z
Agent info
Ray Millman
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