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Key Details
Sold Price $1,600,000
Property Type Single Family Home
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
Subdivision Belmont Shore (Bsd)
MLS Listing ID PW25087330
Sold Date 06/26/25
HOA Y/N No
Year Built 1947
Lot Size 3,275 Sqft
Property Sub-Type Mixed Use
Property Description
Investor Opportunity in Belmont Shore – Prime 6-Unit Property with Major Upside. Introducing 227 Pomona Ave, a rare 6-unit asset perfectly positioned on a sought-after street in the heart of Belmont Shore. The property features an efficient mix of (5) one-bedroom, one-bath units and (1) studio, all currently rented well below market—offering immediate value-add potential through renovation and rent increases. Additional income is generated via a shared coin-operated laundry room, with room to boost returns further. This is a classic reposition play in one of Long Beach's most desirable rental markets, just blocks from 2nd Street's top-rated dining, boutique shops, and beachside amenities. With strong tenant demand, walkability, and future appreciation baked in, 227 Pomona is a smart addition to any portfolio—ideal for investors looking to renovate and fully maximize for long-term gains.
Location
State CA
County Los Angeles
Area 1 - Belmont Shore/Park, Naples, Marina Pac, Bay Hrbr
Zoning LBR2S
Interior
Fireplaces Type None
Fireplace No
Laundry Common Area
Exterior
Parking Features See Remarks
Pool None
Community Features Urban
View Y/N Yes
View Neighborhood
Private Pool No
Building
Lot Description Front Yard
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 7249020020
Acceptable Financing Cash, Cash to New Loan, 1031 Exchange
Listing Terms Cash, Cash to New Loan, 1031 Exchange
Financing Conventional
Special Listing Condition Standard
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Bought with Mollie Beck Coldwell Banker Realty