PRIME INVESTMENT PROPERTY in a RARE OCEANFRONT location in Belmont Shore. This beautiful 10 (origially 12) unit apartment complex sits directly accross from the beach, with sparkling ocean views that will never be blocked! The property is being sold with 7 tenant-occupied units, with a substantial rental upside. The owners have begun significant improvements to elevate the building and maximize the rental income potential. Highlights are the prime unit under renovation with the best views, adding a shared laundry room, City of Long Beach permitting short-term rental for one unit, and Long Beach in the Spotlight for the 2028 Olympic.
The income description goes here to explain
| List Price | $4,975,000 |
| Property Type | Condo/Co-Op |
| Usable Sqft | Unknown |
| Number of Stories | 2 stories |
| Parking Spots | 0 spots |
| Year Built | 1930 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| HOA Fees: | $0 |
| Association Name: | Unknown |
| Association Amenities: | Unknown |
| APN # | 7247020025 |
| MLS # | PW26084370 |
| Property ID | 322774403 |
| Lot Sqft | 5,106 |
| Zoning | Unknown |
| Total Units | 11 |
| Days on Market | 57 |
| Original List Price | $4,975,000 |
| Date Updated | April 19, 2026 |
| Date Created | March 25, 2026 |
| Unit # | Beds | Baths | Current Rent | Proforma Rent |
| Unit #1 | $156,540 | $0 |
| Net Income (Yr) | $ 222,339 |
Brigitte Schroeder an agent of MJC Realty. Lic #01705827
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Robert Crawford
REAL ESTATE AGENT