Belmont Heights, Alamitos Heights (2) Homes with Driveway Level Parking features

Belmont Heights, Alamitos Heights (2) Homes with Driveway Level Parking features

### Discover the Charm of Belmont Heights and Alamitos Heights in Long Beach, CA

Nestled in the vibrant city of Long Beach, California, Belmont Heights and Alamitos Heights are two of the most sought-after neighborhoods that perfectly blend coastal charm with urban convenience. Known for their picturesque tree-lined streets and a strong sense of community, these areas offer an ideal setting for families, young professionals, and retirees alike.

Belmont Heights is celebrated for its stunning historic homes, many of which boast unique architectural features that reflect the area’s rich history. Residents enjoy easy access to local parks, boutique shops, and a variety of dining options, all within a short stroll. The close-knit community fosters a welcoming atmosphere where neighbors become friends, making it an ideal place to call home.

Just a stone’s throw away, Alamitos Heights offers a slightly different vibe, characterized by its spacious lots and serene ambiance. The neighborhood is perfect for those seeking a peaceful retreat while still being near the bustling heart of Long Beach. Here, you’ll find access to beautiful views of the nearby hills and the sparkling waters of the Pacific Ocean.

One of the standout features of homes in both Belmont Heights and Alamitos Heights is the availability of driveway level parking. This amenity not only adds convenience but also enhances the overall appeal of the homes, allowing residents to enjoy easy access to their vehicles without the hassle of street parking.

Whether you’re drawn to the historic charm of Belmont Heights or the tranquil atmosphere of Alamitos Heights, these neighborhoods offer a delightful blend of comfort, community, and coastal living. Come explore the possibilities and find your dream home in one of Long Beach’s most enchanting areas!

Newest Belmont Heights, Alamitos Heights (2) Homes with Driveway Level 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.