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For sale
  • Listing Provided by: 

    Heidi Bailey DRE #02086609 9497630930,

    Keller Williams Coastal Prop.,

    Leslie Teater DRE #02165896,

    Keller Williams Coastal Prop.

    Price cut: $300K (7/16)
    $1,575,000

    267 La Verne Ave, Long Beach, CA 90803

    4beds
    4baths
    2,880sqft
    : 
    Quadruplex
    Built in 1943
    -- sqft lot
    $1,557,200 Zestimate®
    $547/sqft
    $-- HOA

    What's special

    Blocks from the beach
    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.
    90 days
    on Zillow
    |
    782
    |
    27
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    Zillow last checked: 7 hours ago

    Listing updated: July 16, 2025 at 12:49pm

    Listing Provided by:

    Heidi Bailey DRE #02086609 9497630930,

    Keller Williams Coastal Prop.,

    Leslie Teater DRE #02165896,

    Keller Williams Coastal Prop.

    Source: CRMLS,MLS#: PW25105287MLS LogoOriginating MLS: California Regional MLS
    Travel times

    Tour with a buyer's agent

    We'll find a local expert to take you on a private tour of 267 La Verne Ave.

    Next available tour time:Today at 11am

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 4
    Heating
    • Floor Furnace, Wall Furnace
    Cooling
    • None
    Appliances
    • Included: Gas Range, Water Heater
    • Laundry: Common Area
    Features
    • Ceiling Fan(s)
    • Flooring: Carpet, Vinyl
    • Windows: Blinds
    • Has fireplace: No
    • Fireplace features: None
    • Common walls with other units/homes: 2+ Common Walls
    Interior area
    • Total structure area: 2,880
    • Total interior livable area: 2,880 sqft
    Video & virtual tour

    Property

    Parking
    • Total spaces: 4
    • Parking features: Garage, On Street
    • Garage spaces: 4
    Accessibility
    • Accessibility features: No Stairs
    Features
    • Levels: Two
    • Stories: 2
    • Entry location: 1
    • Pool features: None
    • Spa features: None
    • Fencing: None
    • Has view: Yes
    • View description: Neighborhood
    Lot
    • Size: 4,748 Square Feet
    • Features: 2-5 Units/Acre, Front Yard, Lawn, Street Level
    Details
    • Parcel number: 7249013023
    • Lease amount: $0
    • Special conditions: Standard,Trust

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Traditional
    • Property subtype: Quadruplex
    • Attached to another structure: Yes
    Materials
    • Drywall, Concrete
    • Foundation: Raised
    • Roof: Asbestos Shingle
    Condition
    • Repairs Cosmetic
    • New construction: No
    • Year built: 1943

    Utilities & green energy

    • Electric: Electricity - On Property
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Available, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected

    Community & HOA

    Community
    • Features: Biking, Curbs, Storm Drain(s), Street Lights, Sidewalks, Water Sports, Marina
    • Subdivision: Belmont Shore (Bsd)
    Location
    • Region: Long Beach

    Financial & listing details

    • Price per square foot: $547/sqft
    • Tax assessed value: $391,834
    • Annual tax amount: $5,680
    • Date on market: 5/15/2025
    • Listing terms: Cash,Cash to Existing Loan,Cash to New Loan,Conventional,1031 Exchange,FHA,VA Loan
    • Tenant pays: All Utilities
    • Road surface type: Paved
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