How do I find off-market luxury homes in Los Angeles?

Belmont Brokerage provides exclusive access to off-market luxury properties across Los Angeles, Beverly Hills, Glendale, Burbank, and Pasadena. Our agents leverage private networks and AI-powered market analysis to surface properties before they hit the MLS. Schedule a private showing through our website to explore available inventory.

What neighborhoods does Belmont Brokerage serve in Los Angeles?

Belmont Brokerage serves all of Greater Los Angeles including Beverly Hills, Glendale, Burbank, Pasadena, DTLA, North Hollywood, Studio City, Sherman Oaks, Encino, Woodland Hills, Eagle Rock, Silverlake, Los Feliz, Atwater Village, Highland Park, La Crescenta, Tujunga, and Sun Valley. We specialize in both luxury residential and commercial real estate across these markets.

How do I list my property with Belmont Brokerage?

To list your property with Belmont Brokerage, contact us at (818) 967-6311 or email brokerage@bbandm.com. Our team will provide a complimentary AI-powered Comparative Market Analysis (CMA), professional staging recommendations, and a customized marketing strategy. We list on the MLS and through our exclusive off-market network for maximum exposure.

Does Belmont Brokerage handle commercial real estate?

Yes. Belmont Brokerage handles commercial real estate transactions including office spaces, retail locations, multi-family investments, and mixed-use developments throughout Los Angeles County. Our commercial division provides investment analysis, lease negotiations, and 1031 exchange guidance.

What technology does Belmont Brokerage use for market analysis?

Belmont Brokerage combines California MLS data with internal valuation and offer-strategy workflows, plus compliance-aware document tooling. Agents get data-driven pricing context grounded in active listings and recent market activity.

Is Belmont Brokerage a licensed California real estate brokerage?

Yes. Belmont Brokerage Inc. operates under California Department of Real Estate (DRE) license #02431308. Listings shown from the MLS follow participating board rules, including attribution and IDX display requirements.

How do I search for homes for sale on Belmont?

Use the search bar on bbandm.com to search by city, ZIP code, neighborhood, or address. You can filter by price, beds and baths, property type, and status. Map view updates results as you move the map, and you can save homes you like for later.

1512 Sherman Place — Long Beach — 20 Beds • 11 Baths • 9,320 Sq Ft | Belmont Brokerage

Active

Call Belmont

$2,800,000

$300/ft²

1512 Sherman Pl, Long Beach, CA 90804

Property Description

1512 Sherman Pl | 11-Unit Multifamily, Long Beach. 1963-built asset totaling 9,557 SF on a 15,291 SF lot in an established residential corridor near Long Beach's Eastside. The property features a balanced mix of six 2+1 units, three 1+1 residences, and two 3+2 units with eleven on-site parking spacesa structural advantage in this supply-constrained submarket. All eleven units are currently occupied and fully stabilized, with in-place rents averaging $2,129/month against market rents of $2,185 and the entire portfolio positioned to capture rent growth at each lease renewal through Long Beach rent control. Offered at $2,800,000 ($254,545/unit | $292.98/SF) with a 6.62% in-place cap rate, the real story is operational simplicity and organic growtha 6.88% pro forma cap and immediate distribution capacity as rents normalize through turnover with zero capex required.

Listing provided by: Taylor AvakianDRE #02060040310-425-9838 taylor@lyonstahl.com, Lyon Stahl Investment Real Estate, Inc.

MLS #: 26987109

1512 Sherman Place, Long Beach, CA 90804

About This Property

Location

Presented by Belmont Brokerage Inc.

$2,800,000

1512 Sherman Pl, Long Beach, CA 90804

Property Description