Est. cap rate

1.9%

Assumed rent, all units

$5,020/mo

Units

2

Price per unit

$812,500

Est. annual NOI

$30,120

Expense assumption

50%

Estimates only, based on HUD Fair Market Rents (a conservative 40th percentile floor) and a standard 50% operating expense assumption. Not a guarantee of income or value. Ask Alex for a pro forma using comparable rent data.

Run your own numbers

Adjust the assumptions to see cash flow and cash on cash return.

Illustration only, using a 30 year loan and your assumptions above. Not a loan offer, financial advice, or a guarantee. Confirm financing and actual rents independently.

Property details

Type

Duplex

Bedrooms

2

Building size

2,304 sqft

Lot size

5,400 sqft

Year built

1923

Stories

2

Garage spaces

3

Style

Spanish

Heating

Heat Pump,Central

Cooling

Dual,Central Air,Heat Pump,High Efficiency,SEER Rated 16+

Pool

None

View

None

Status

Active

Days on market

0

MLS #

248866689

About this property

Prime Belmont Heights Duplex – Classic Charm with Modern Comforts! Exceptional Belmont Heights Duplex, beautifully rebuilt in 1999 while preserving its original 1923 charm and character. This impeccably maintained property features two spacious, side-by-side, townhouse-style residences, each offering two levels of living space, quality upgrades, and desirable amenities. The side-by-side configuration provides enhanced privacy and the feel of two individual homes rather than a traditional duplex, making this property especially appealing to both owner-occupants and investors. Highlights include hardwood flooring, elegant mahogany front doors, fireplaces, private front and rear balconies, solar panels, dual-zone central heat pump (Air conditioning and Heating) systems. Each residence also enjoys the convenience of garage parking with laundry hookups. Unit #4611: One bedroom (w/ Loft), Den/Office, 1½ baths, and a private single-car garage. Unit #4613: Two bedrooms, Den/Office, 1½ baths, and a private two-car garage. Situated in a highly desirable Belmont Heights residential neighborhood, just a short stroll to the vibrant shops, restaurants, and entertainment of Belmont Shore. Just minutes from Colorado Lagoon with its walking paths, picnic areas, and kid-friendly shoreline. A rare opportunity to own a distinctive, beautifully maintained duplex combining timeless architectural charm, modern conveniences, privacy, and an outstanding coastal Long Beach location! *See attached supplements that include a detailed spec sheet, building permits, floor plans. Virtual Tour link too!***

Location

4611 E Colorado

Long Beach, Los Angeles, CA, 90814