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.
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.
Property Details
Price:
$1,550,000
MLS #:
PW25113362
Status:
Active
Baths:
0
Type:
Residential Income
Subtype:
Commercial/Residential
Subdivision:
Belmont Shore BSD
Neighborhood:
1belmontshoreparknaplesmarinapacbayhrbr
Listed Date:
May 21, 2025
Lot Size:
2,408 sqft / 0.06 acres (approx)
Year Built:
1947
See this Listing
Schools
Interior
Laundry Features
Community
Exterior
Community Features
Suburban
Parking Spots
0.00
Financial
Map
Community
- Address32 La Verne Avenue Long Beach CA
- Neighborhood1 – Belmont Shore/Park,Naples,Marina Pac,Bay Hrbr
- SubdivisionBelmont Shore (BSD)
- CityLong Beach
- CountyLos Angeles
- Zip Code90803
Subdivisions in Long Beach
- Ackerfield Condos AC
- Alamitos Beach AB
- Alamitos Heights AH
- Artcraft Manor AM
- Bay Harbour BYH
- Belmont Heights BH
- Belmont Park BP
- Belmont Shore
- Belmont Shore BSD
- Bixby Knolls BK
- Bixby Riviera BBR
- Bixby Terrace BBT
- Bixby Terrace BT
- Bixby Village BV
- Bluff Park BLF
- California Heights CH
- Carson Park/Long Beach CLB
- Cedarhurst Apartments CDH
- Circle CA
- College Park CPZ
- College Park Estates CPS
- Cooper Arms CPA
- Country Club Gardens CCG
- Country Club manor CCM
- Country Club Villa CCV
- Crown Pointe CPT
- D\’Orleans DOR
- Downtown DT
- Eastside ES
- El Capitan ELC
- Eldorado ELD
- Genesis GNS
- Hacienda Heights HHT
- International Towers ITT
- Island Village ISV
- La Marina Estates
- Lafayette Building LF
- Lakewood City/Long Beach LCB
- Lakewood Mutuals LKMU
- Lakewood Village LKVL
- Lakewood Village LVD
- Los Altos/North of Fwy LNF
- Los Altos/South of Fwy LSF
- Los Cerritos LC
- Lynn Manor LNM
- Marina Pacifica MRP
- Mobile Estates ME
- Mystic Cove MC
- Naples NA
- New Bixby NB
- North Long Beach
- North Long Beach NLB
- Ocean House OCH
- Ocean Terrace OCT
- Pacific Shores PCS
- Park Estates PE
- Park Ocean PO
- Peninsula PI
- Pine Villas PVL
- Plaza North of Spring PZN
- Plaza South of Spring PZS
- Poly High PH
- Queens Surf QS
- Queens View Condos QVC
- Rancho RNC
- Ridgewood Heights RH
- Royal Palms RP
- South of Conant Northwest SNW
- South of Conant Southeast SSE
- South of Conant Southwest SSW
- Spinnaker Bay SY
- Stoney Brook Villas ST
- Stratford Square SQQ
- The Galaxy Towers TGT
- The Lakes TLK
- Villa Riviera VLR
- Virginia Country Club VCC
- Westside/North of Willow WNW
- Westside/South of Willow WSW
- Willmore District WM
- Wrigley Area WR
- Wrigley Heights WH
- X-100s X1
Market Summary
Current real estate data for Residential Income in Long Beach as of Oct 19, 2025
210
Residential Income Listed
169
Avg DOM
$1,852,207
Avg List Price
Property Summary
- Located in the Belmont Shore (BSD) subdivision, 32 La Verne Avenue Long Beach CA is a Residential Income for sale in Long Beach, CA, 90803. It is listed for $1,550,000
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Courtesy of Steven M. Bogoyevac, Broker. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2025. California Regional Multiple Listing Service. All rights reserved.32 La Verne Avenue
Long Beach, CA