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This 8 unit apartment building is located in a prime long beach area, 2.3 miles from freeway 405, 2.4 miles from california state university long beach, 8 miles frem port of long beach, right off pacific coast highway near trafic circle area. Building is secure, gated and monitored by video cameras. 12 covered parking spaces are located on the groung floor under the units. All 8 units are 2 bedroom 2 bath, with upgraded kitchens, laminated and ceramic floors, inside laundry space and separate gas and electric meters. All rents are below the current market rents. There is a significant value added oportunity at market rents. All leases except one which expires in june of 2022, are on month to month bases. 4.8% cap rate at market rents. Pictures and visual tour are attached.
Listing agent: Ata Boroumand DRE #01059087 ata@bhhscal.com, Listing office: Berkshire Hathaway HomeService
MLS data updated 10/27/2026, 2:52:34 PM PT
Source: CRMLS, MLS #: OC21265776
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Apr 4, 2022
Prices use the left axis; mortgage rates use the right. Hover, tap, or focus the chart and use the arrow keys. Red SOLD badges mark recorded sales.
This home · nearest recorded event
$2,800,000Closed sale · Apr 4, 2022ZIP 90804 · Apr 2022
No monthly averageAt least 3 eligible sales in this month are required.30-year fixed mortgage benchmark
No weekly rateNo published rate within 7 days of this date.ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
No earlier records were returned by our current sources. This does not mean the home has never sold.
MLS records may be incomplete. Earlier asking prices are not sale prices.