Property Detail

Description

Welcome to 75 Granada Avenue, an exceptional opportunity to own income property in one of Long Beach’s most sought-after coastal neighborhoods — Belmont Shore. Listed at $1,299,000, this is the lowest-priced 4-unit property to hit the market in Belmont Shore in the last five years. Located less than one block from the beach, this charming fourplex features (4) studio apartments, each commanding strong rents of $1,800 per month. There is also one parking space that generates an additional $75 per month and a community laundry room. The property offers stable cash flow today with excellent upside potential through improved operations or short-/mid-term rental strategies (buyer to verify).