1205-1207 Bennett Avenue is a 7-unit apartment asset located in Long Beach, California. The property is offered at 11.92 GRM and 5.50% cap rate on current rents. The property is comprised of (5) 1BD / 1BA units; (1) 2BD / 1BA unit: and (1) 1BD / 1BA unit. Three (3) garages offer the potential for ADU conversion. All units have been fully remodeled with recessed lighting, new flooring, new kitchen countertops, cabinetry, and stainless steel appliance, new bathrooms, and modern fixtures and features throughout. Renovated units offer in-unit washers and dryers. The property is located in a quiet, residential neighborhood near Belmont Heights.
Sold for $1,750,000 on 06/06/24
Listing Provided by: 
Robert Stepp DRE #01456379 310-463-2916,
Keller Williams - Santa Monica
Bought with: Keller Williams Pacific Estate
$1,750,000
1205-1207 Bennett Ave, Long Beach, CA 90804
9beds
8baths
3,797sqft
Mixed Use
Built in 1923
-- sqft lot
$1,719,500 Zestimate®
$461/sqft
$-- Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: June 06, 2024 at 11:42am
Listing Provided by:
Robert Stepp DRE #01456379 310-463-2916,
Keller Williams - Santa Monica
Bought with:
Alec Kara, DRE #02030808
Keller Williams Pacific Estate
Source: CRMLS,MLS#: PW24005142
Originating MLS: California Regional MLS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 9
 - Bathrooms: 8
 
Appliances
- Laundry: Inside
 
Features
- Common walls with other units/homes: 2+ Common Walls
 
Interior area
- Total structure area: 3,797
 - Total interior livable area: 3,797 sqft
 
Property
Parking
- Total spaces: 3
 - Parking features: Garage
 - Garage spaces: 3
 
Features
- Levels: Two
 - Stories: 2
 - Entry location: 1
 - Pool features: None
 
Lot
- Size: 5,292 sqft
 - Features: 6-10 Units/Acre
 
Details
- Parcel number: 7241008014
 - Zoning: LBR3S
 - Special conditions: Standard
 
Construction
Type & style
- Home type: MultiFamily
 - Property subtype: Mixed Use
 - Attached to another structure: Yes
 
Condition
- New construction: No
 - Year built: 1923
 
Utilities & green energy
- Sewer: Public Sewer
 - Water: Public
 
Community & neighborhood
Community
- Community features: Sidewalks
 
Location
- Region: Long Beach
 - Subdivision: Eastside (Es)
 
Other
Other facts
- Listing terms: Cash,Cash to New Loan,1031 Exchange
 
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Estimated market value
$1,719,500