32 La Verne

Long Beach, CA, 90803
For Sale $1,650,000
  • 0.06acre
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.

Get in touch

Interested in this property or one like it? Reach out today to talk with advertising agent Shen Schulz.

Listed by:
Steven Bogoyevac with Steven M. Bogoyevac, Broker
(562) 436-5800
David O'Keefe with Marcus & Millichap
(562) 257-1200
32 La Verne is a Residential Income Mixed Use property located in Long Beach, California, featuring a 0.055 acre lot, MLS #PW25113362.

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Data last modified: 2025-05-29 18:23:13