$1,950,000
MLS: SB25278918
Beds
4
Baths
5
Sq Ft
2,628
Lot
0.07 ac
Year Built
1953
MLS #
SB25278918
Days on Market
235
Listed
Dec 20, 2025
Description
SELLER IS MOTIVATED. This 5 unit income property is in a high demand Belmont Shore neighborhood, between the 2nd Street Promenade and the ocean - Just a few minutes walk to restaurants and shops on 2nd Street, or walk three blocks south to the beach. This property has 2 studios, 2 one bedrooms, and 1 two bedroom w/ one full bath. There's also a total of three assigned parking spaces: two covered carports and one uncovered space. Outside the building there are security cameras and every unit has a separate electric meter. The owner has two separate storage closets. There's also a community laundry room. Each unit features updated tiled baths, bright clean, well-appointed kitchens with newer refrigerators, stove/ranges, dishwashers, garbage disposals and microwaves. The living and bedroom floors are laminate or vinyl. PLEASE DO NOT DISTURB TENANTS.
Location
Long Beach, Los Angeles County, CA 90803
Open on Google Maps ↗Listed by: Virginia Rater · First Manhattan REALTORS
Listing information is provided courtesy of the Greater Antelope Valley Association of Realtors (GAVAR) and California Regional MLS (CRMLS). Information is deemed reliable but not guaranteed accurate by the MLS or by Mike Watson. All data, including square footage, lot size, room count, permits, and school assignment, should be independently verified. Properties shown may be listed by brokerages other than Keller Williams Realty. Listings are subject to prior sale, change, or withdrawal without notice.
Payment estimate
$14,375
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $195,000 · Loan: $1,755,000
Average 30-yr fixed rate 6.69% as of Aug 6, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $11,313
- Property tax (1.25%)
- $2,031
- Homeowners insurance
- $300
- Mortgage insurance
- $731
Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.
Today's Rates
As of Aug 6, 2026
- 30-year fixed
- 6.69%
- 15-year fixed
- 6.01%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
About the area · Mike Watson
About the Antelope Valley
The Antelope Valley spans Lancaster, Palmdale, Quartz Hill, Rosamond, Lake Los Angeles, California City, Edwards AFB, and the Plant 42 aerospace corridor. Mike Watson is a lifelong AV resident and the #1 producing individual Realtor in the region by transaction count. Every active listing on this site is paired with a free market analysis tailored to the specific street, honest financing guidance (FHA, VA, USDA, CalHFA, conventional, and assumable loans where the financing supports it), and side-by-side comparisons against the rest of the active inventory in your target ZIP.
Financing Options
FHA Financing — 3.5% Down+
First-time and repeat buyers can purchase this Long Beach home with as little as 3.5% down using an FHA loan — roughly $68,250 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.
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Local Market Stats
See Long Beach, CA 90803 market trends →
Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.
★#1 Producing Individual Realtor — Antelope Valley
Only large teams outsell Mike Watson · Keller Williams Realty
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