3921 E Livingston, Long Beach, CA 90803
Belmont Shore (BSD) · Los Angeles County
Key Facts
Description
An exceptional investment opportunity in one of Long Beach's most coveted coastal neighborhoods — just two blocks from the beach. This well-maintained 13-unit apartment building offers the perfect blend of lifestyle appeal and strong income performance, with all units leased at or close to market rents. The property features one penthouse unit with two bedrooms, one bath and a deck. Additional there are twelve spacious one-bedroom, one-bath residences. Approximately 80% of units have been thoughtfully remodeled and upgraded, reflecting pride of ownership throughout. Every unit has two walk in closets and dining areas while top-floor units feature cozy fireplaces. Select front-facing units offer private balconies and sweeping ocean views, while several side units capture partial ocean vistas. Many units feature charming bay kitchen windows, flooding living spaces with natural light and coastal breezes. On-site is a dedicated laundry facility with two washers and two dryers. Offered at approx $457,000 per unit, this property carries a current cap rate of 4.33% with a pro forma cap rate of 5.17% — reflecting meaningful upside rents continue to rise in this high-demand coastal corridor. With its unbeatable Belmont Shore location, strong rental demand, and move-in ready condition, this is a rare opportunity to acquire a turnkey coastal asset with lasting appreciation potential.
Property Information
Property Type
Residential Income
Sub-Type
Apartment
Year Built
1923
Stories
3
Living Area
9,024 sq ft
Lot Size
0.09 acres
MLS® Listing#
GD26134832
Property Features
Heating
Pool
Laundry
Lot Features
Community
Sewer
Water Source
Financial Details
Parcel Number
7256003024
Directions
Ocean & Termino
Affordability Calculator
$1,190,000
Estimated monthly payment
$31,668/mo
Principal $4,760,000 · Est. interest $6,640,624 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Long Beach, CA
- $1,000,000
- Median Listing Price
- 54
- Median Days on Market
- 1,897
- Median Sq Ft
- $796
- Median Price / Sq Ft
- 2,444
- Active Listings
- This home’s price is 495% above the area median.
- Its price per sq ft is 17% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Long Beach, CA.
Location
Points of Interest in Long Beach, CA
Showing the Long Beach area map.
Nearby Schools
Belmont Shore Children's Center
School · 0.1 mi away
Mann Elementary School
Elementary · 0.6 mi away
Ices Sports Education Center
School · 0.7 mi away
Fremont Elementary School
Elementary · 0.7 mi away
Maple Village Waldorf School
Elementary · 0.9 mi away
Lowell Elementary School
Elementary · 0.9 mi away
Rogers Middle School
Secondary · 0.9 mi away
Jefferson Leadership Academies
Secondary · 1.1 mi away
Naples Bayside Academy Pta
School · 1.1 mi away
Naples Elementary School
Elementary · 1.1 mi away
Woodrow Wilson High School
Secondary · 1.2 mi away
Burbank Elementary
Elementary · 1.3 mi away
Willard Elementary
Elementary · 1.4 mi away
Bryant Elementary
Elementary · 1.6 mi away
Oakwood Academy
School · 1.9 mi away
Oak Tree Academy
School · 1.9 mi away
Nieto Herrera Elementary School
Elementary · 2.0 mi away
Franklin Classical Middle School
Secondary · 2.0 mi away
Montessori Children's House
Elementary · 2.2 mi away
St Anthony Elementary School
Elementary · 2.2 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 1579 Griffin Road, PEBBLE BEACH, CA | $4,195,000 | 6 | — | 5,503 |
| 1579 Griffin Road, Pebble Beach, CA | $4,195,000 | 6 | 5 | 5,503 |
| 502 N Elena Avenue 1-7, Redondo Beach, CA | $4,195,000 | — | — | 4,840 |
| 1579 Griffin Road, Pebble Beach, CA | $4,195,000 | 6 | 5 | 5,503 |
| 211 E Bay, Newport Beach, CA | $4,195,000 | 3 | 4 | 2,668 |
| Laguna Beach, CA | $4,200,000 | — | — | 2,650 |
Moving Cost Estimate
EXIT Agents in Long Beach
Listing Courtesy: Engel & Volkers Burbank - 818-468-8908
Presented by: Linda Neino
Licensed in the state of California.