246 Newport, Long Beach, CA 90803
Local realty services provided by:ERA Excel Realty
246 Newport,Long Beach, CA 90803
$1,655,000
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Active
Listed by: steven bogoyevac
Office: steven m. bogoyevac, broker
MLS#:PW26090530
Source:MLSListings
Price summary
- Price:$1,655,000
About this home
Marcus & Millichap is pleased to present 246 Newport Avenue, a charming four-unit investment opportunity in Long Beach’s highly desirable Belmont Heights neighborhood, which is known for its tree-lined streets, Craftsman architecture, and strong tenant appeal. The property features a two-bedroom/one-bath single-family home, a duplex containing one studio and one one-bedroom unit with an office, and a studio above a two-car garage. Tenants also enjoy a shared backyard. 246 Newport Avenue boasts an exceptional rental location just four blocks from Bluff Park and the beach, walkability to popular restaurants along Broadway, and less than one mile from the vibrant dining, retail and entertainment corridor on Second Street. Its proximity to California State University, Long Beach, recreation, freeway access, and employers support consistent rental demand. The property has been professionally managed and provides stable in-place cash flow with potential upside. The two-bedroom home presents an ideal opportunity for a new owner to occupy the home and utilize rental income of the apartment units to offset mortgage costs....
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Home facts
- Year built:1922
- Listing ID #:PW26090530
- Added:105 day(s) ago
- Updated:August 14, 2026 at 04:18 PM
Structure and exterior
- Year built:1922
- Lot area:0.16 Acres
Utilities
- Water:District - Public
Finances and disclosures
- Price:$1,655,000
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