Bought with Mollie Beck
$1,600,000
$1,850,000
13.5%For more information regarding the value of a property, please contact us for a free consultation.
227 Pomona AVE Long Beach, CA 90803
3,276 Sqft Lot
Key Details
Sold Price $1,600,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
MLS Listing ID CRPW25087330
Sold Date 06/26/25
Year Built 1947
Lot Size 3,276 Sqft
Source California Regional MLS
Property Description
Investor Opportunity in Belmont Shore - Prime 6-Unit Property with Major Upside. Introducing 227 Pomona Ave, a rare 6-unit asset perfectly positioned on a sought-after street in the heart of Belmont Shore. The property features an efficient mix of (5) one-bedroom, one-bath units and (1) studio, all currently rented well below market-offering immediate value-add potential through renovation and rent increases. Additional income is generated via a shared coin-operated laundry room, with room to boost returns further. This is a classic reposition play in one of Long Beach's most desirable rental markets, just blocks from 2nd Street's top-rated dining, boutique shops, and beachside amenities. With strong tenant demand, walkability, and future appreciation baked in, 227 Pomona is a smart addition to any portfolio-ideal for investors looking to renovate and fully maximize for long-term gains.
Location
State CA
County Los Angeles
Area 1 - Belmont Shore/Park, Naples, Marina Pac, Bay Hrbr
Interior
Laundry Laundry Area
Exterior
Parking Features Other
Pool 31, None
View Local/Neighborhood
Building
Water District - Public
Others
Tax ID 7249020020
Special Listing Condition Not Applicable
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