246 Newport

Long Beach, CA 90803
Property listed by Steven M. Bogoyevac, Broker, Steven Bogoyevac [email protected]
$1,655,000
Marcus & Millichap is pleased to present 246 Newport Avenue, a charming four-unit investment opportunity in Long Beach’s highly desirable Belmont Heights neighborhood, which is known for its tree-lined streets, Craftsman architecture, and strong tenant appeal. The property features a two-bedroom/one-bath single-family home, a duplex containing one studio and oneRead MoreRead Less
Listing Snapshot
Days Online
3
Last Updated
Property Type
Quadruplex
Lot Size
0.16 Acres
Year Built
1922
MLS Number
PW26090530
Property Location Map
Additional Details
Building
Built in 1922, 3 buildings, 2 stories, Entry level: 1, Entry location: 1
Community
Urban
Expenses
Operating: $32,229
Garage
2 spaces
Income
Gross Income: $107,220, Gross ScheduledIncome: $107,220, Net Operating Income: $71,775
Laundry
None
Lot
0.1558 acres, RectangularLot
Parking
2 total parking spaces
Pool
None
Sewer
PublicSewer
Taxes
Additional parcels description:, Parcel Number: 7264001031, Tax Block: D, Lot: 3
Utilities
Water Source: Public, 4 separate electric meters, 4 separate gas meters
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Monthly Payment
$0
Beatrix Whipple
CEO and Agent
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.