20 Nieto Ave, Long Beach, CA 90803

Property Description

A rare find in Belmont Shore. Just steps from the sand sits this charming duplex with 5 garages. Yes, 5 garages. Belmont Shore is the jewel of Long Beach and rentals are in high demand from both tenants and investors making it a prime area to be a landlord, or owner occupant. Recent rates (July 17, 2020) for owner occupied is 3.375%. Live in the upper and rent the lower unit to help with the payment. Upper has large deck & extra detached room. Ocean view from living room of the upper unit. Fantastic walk-ability factor to shops, dining, entertainment, beaches, parks, and water-sports. Property is 2 - 2 bedroom 1 bath units. The lower rents with one garage & the upper unit rents currently with 2 garage spaces. One garage is rented out at $150 and the owners use one of them as well. Lower unit is photographed and is in great condition with original hardwood floors. Separate electric and gas meters. Laundry room with owned equipment. Owners only pay water. Area is not as parking impacted as it is closer to Ocean than to 2nd St, so parking is much less of an issue for visitors to the property. Location, location, location! *Information provided is believed to be accurate, but shall not be relied upon without verification by Buyer or Buyer’s Representative. Accuracy of square footage, lot size, and other features, amenities and/or other details are not limited to inclusions and exclusions is not guaranteed. *