$1,550,000 - 32 La Verne Avenue, Long Beach

  • 1Beds
  • 2Baths
  • 0.06Acres

Long Beach Home Sale

32 La Verne Avenue is a five-unit apartment building in a prime location just steps from the beach in Long Beach, California’s sought-after Belmont Shore neighborhood. The building is a two-story 1962 construction with three one-bedroom/one-bath units, two studios, and on-site laundry. Current rents offer a new investor a substantial 61 percent rental upside, making this an excellent value-add opportunity in a coveted coastal submarket with a strong tenant base. The Belmont Shore neighborhood is popular for its walkable dining, entertainment, and retail, and this affluent area boasts an average household income over $160,000. This neighborhood also offers convenient proximity to Cal State Long Beach and freeways.

Sales Agent

Sam Smith
  • Sam Smith
  • San Clemente Realtor ®
  • Phone: 949-204-5110
  • Cell: 949-204-5110
  • Contact Agent Now

Amenities

  • PoolNone

Additional Information

  • Date ListedMay 21st, 2025
  • Days on Market117
  • ZoningLBR2S
  • Short SaleN
  • RE / Bank OwnedN

Essential Information

  • MLS® #PW25113362
  • Price$1,550,000
  • Bedrooms1
  • Bathrooms2.00
  • Acres0.06
  • Year Built1947
  • TypeResidential Income
  • Sub-TypeMixed Use
  • StatusClosed
  • Listing AgentSteven Bogoyevac
  • Listing OfficeSteven M. Bogoyevac, Broker

Exterior

  • Lot DescriptionRectangular Lot

Community Information

  • Address32 La Verne Avenue
  • Area1 - Belmont Shore/Park,Naples,Marina Pac,Bay Hrbr
  • SubdivisionBelmont Shore (BSD)
  • CityLong Beach
  • CountyLos Angeles
  • Zip Code90803

Interior

  • # of Stories2

Price Change History for 32 La Verne Avenue, Long Beach, (MLS® #PW25113362)

Date Details Price Change
Closed
Pending
Active Under Contract (from Active)
Price Reduced $1,550,000 $50,000 (3.13%)
Price Reduced (from $1,650,000) $1,600,000 $50,000 (3.03%)

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Belmont Shore (bsd)

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  • Price Range:
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Based on information from California Regional Multiple Listing Service, Inc. as of December 22nd, 2025 at 1:20pm PST. 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.