Property Detail

Description

Trophy Belmont Shore Apartment Building – Pride of Ownership Investment Offered for sale is a rare, pride-of-ownership 12-unit (6-1bd/1ba; 6-2bd/2ba) apartment complex located in the heart of Belmont Shore, one of Long Beach’s most affluent and sought-after coastal neighborhoods. Built in 1964, this three-story, all-electric property has been pristinely maintained and thoughtfully updated throughout, making it an ideal acquisition for investors seeking long-term stability, strong tenant appeal, and premier location. The property comprises approximately 10,293 square feet of rentable living space situated on a 6,681 square foot lot. All 12 units have been updated and feature electric stoves, microwave ovens, dishwashers, and refrigerators, supporting strong market rents and minimizing near-term capital expenditure. The ground level consists of enclosed, gated parking, with one assigned parking space per unit, a highly desirable amenity in this coastal submarket. Residents enjoy a secure rod-iron gated and fenced perimeter, lush landscaping, and a rooftop patio offering panoramic neighborhood and coastal views, providing a unique lifestyle amenity rarely found in comparable assets. Additional highlights include Elevator, and an on-site laundry room with coin-operated equipment, for supplemental income potential. Located just blocks from the beach, boutique retail, dining, and the vibrant Belmont Shore business district, the property benefits from exceptional tenant demand, a strong demographic profile, and historically low vacancy. This offering represents a prestige investment opportunity in a premier coastal enclave with enduring appeal and long-term upside.