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32 La Verne Avenue, 
Long Beach, CA 90803

$1,650,000

—

Bed

—

Bath

2,627

Sq Ft

Multi-Family

Active

Listed by

Steven Bogoyevac

, 

David O'Keefe

Steven M. Bogoyevac, Broker

, 

Marcus & Millichap

562-436-5800

Last updated:

June 10, 2025, 01:26 PM

MLS#

PW25113362

Source:

CRMLS

About This Home

32 La Verne Avenue

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.

Home Facts

Multi-Family

Built in 1947

Price Summary

1,650,000

$628 per Sq. Ft.

MLS #:

PW25113362

Last Updated:

June 10, 2025, 01:26 PM

Added:

a month ago

Rooms & Interior

Interior

Living Area:

2,627 Sq. Ft.

Structure

Structure

Building Area:

2,627 Sq. Ft.

Year Built:

1947

Lot

Lot Size (Sq. Ft):

2,408

Finances & Disclosures

Finances

Price:

$1,650,000

Price per Sq. Ft:

$628 per Sq. Ft.

Source:CRMLS
Based on information from California Regional Multiple Listing Service, Inc. as of June 17, 2025 . 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. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

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Contact an Agent

Yes, I would like more information from Coldwell Banker. Please use and/or share my information with a Coldwell Banker agent to contact me about my real estate needs.

By clicking Contact I agree a Coldwell Banker Agent may contact me by phone or text message including by automated means and prerecorded messages about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.