32 La Verne Avenue, Long Beach, CA 90803
flag This property sold for $1,485,000 1 month ago.
Sold
$1,485,000

32 La Verne Avenue
Long Beach, CA 90803

32 La Verne Avenue is a five-unit apartment building in a prime location just steps from the beach in Long Beach, California’s sought-after Belmont Shore neighborhood. The building is a two-story 1962 construction with three one-bedroom/one-bath units, two studios, and on-site laundry. Current rents offer a new investor a substantial 61 percent rental upside, making this an excellent value-add opportunity in a coveted coastal submarket with a strong tenant base. The Belmont Shore neighborhood is popular for its walkable dining, entertainment, and retail, and this affluent area boasts an average household income over $160,000. This neighborhood also offers convenient proximity to Cal State Long Beach and freeways.
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Listing Agent: Steven Bogoyevac | Office: Steven M. Bogoyevac, Broker
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Brad & Karen Mattonen Realtor® | HomesinSDCounty | Coldwell Banker West | 4S Ranch- San Diego
Homes In San Diego County | Coldwell Banker West
Based on information from California Regional Multiple Listing Service, Inc. as of 2025-12-14 11:24:01 (GMT / UTC +0) 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.

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