Belmont Heights, Alamitos Heights (2) Homes with Concrete Parking features

Welcome to the charming neighborhoods of Belmont Heights and Alamitos Heights in sunny Long Beach, California! Nestled within Los Angeles County, these vibrant communities offer a unique blend of coastal living, historic charm, and modern conveniences that make them an ideal place to call home.

Belmont Heights is renowned for its picturesque tree-lined streets and beautiful early 20th-century architecture. As you stroll through this delightful neighborhood, you'll discover a variety of homes that reflect the rich history of the area, from Craftsman bungalows to Mediterranean Revival styles. Residents enjoy easy access to nearby parks, boutique shops, and a diverse array of dining options, all while being just a stone's throw away from the stunning beaches of Long Beach.

Adjacent to Belmont Heights, Alamitos Heights is equally captivating, boasting a more contemporary vibe with its upscale homes and scenic views. This neighborhood is perfect for those who appreciate a tranquil atmosphere while still being close to the bustling energy of downtown Long Beach. Alamitos Heights is also known for its excellent schools, making it a popular choice for families.

One of the standout features of homes in both Belmont Heights and Alamitos Heights is the availability of concrete parking. This practical amenity provides residents with secure and convenient off-street parking, a valuable asset in the vibrant urban landscape of Long Beach. Whether you’re commuting to work or heading out for a day at the beach, you’ll appreciate the ease that concrete parking offers.

Explore the charm and convenience of Belmont Heights and Alamitos Heights today, and discover your perfect home in this beautiful coastal paradise!

Newest Belmont Heights, Alamitos Heights (2) Homes with Concrete Parking features

$1,999,000

PV26079470 MLS ⋅ Active Status

4124 E Broadway presents a rare opportunity to acquire a well-maintained Spanish-style residential income property in the highly desirable Belmont Shore / Belmont Heights coastal enclave of Long Beach. The asset consists of four units, including two 2-bedroom/1-bath units, one 1-bedroom/1-bath unit, and one studio unit (buyer to verify permits), offering a diversified unit mix that supports durable tenant demand across multiple renter profiles.The property generates approximately $ 9,775 in monthly gross income ( $117,300 annually), equating to a 5.4% current cap rate. With demonstrated rental upside and below-market in-place rents, investors can expect an even greater cap rate with strategic interior upgrades, unit turns, and alignment to prevailing market rents. The partially renovated studio unit provides an immediate value-add component, reducing initial capital outlay while illustrating achievable rent premiums. This offering represents a compelling blend of stable cash flow and operational upside, supported by strong underlying fundamentals in a supply-constrained coastal submarket. Belmont Shore/Belmont Heights continues to exhibit high occupancy levels and resilient rent growth due to limited new multifamily development, coastal zoning restrictions, and sustained lifestyle-driven demand. Additional amenities include two single-car garages, two driveway parking spaces, on-site community laundry, and a generously sized communal backyard that enhances tenant livability and retention. Notably, additionally two units feature private outdoor spaces—an increasingly scarce amenity that supports rent growth and tenant stability. Located just blocks from the Pacific Ocean and within close proximity to Alamitos Bay Beach, Bluff Park, and the vibrant retail and dining corridor along 2nd Street, the property benefits from exceptional walkability and a premier coastal lifestyle. This irreplaceable location serves as a natural hedge against market volatility, reinforcing long-term appreciation potential. With in-place income, identifiable value-add potential, and positioning within one of Long Beach’s most sought-after rental corridors, 4124 E Broadway offers investors a rare opportunity to acquire a defensible coastal asset with both yield and growth characteristics. Buyers are advised to conduct their own due diligence regarding rent control regulations, permitting, and market rent assumptions.

4124 E Broadway, Long Beach

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.