249 Grand Avenue
Long Beach, CA 90803
Sold
249 Grand Ave is a true pride-of-ownership opportunity that has been meticulously maintained and upgraded throughout. Situated in a premier pocket of the Belmont Heights submarket, this area stands out from any other pocket of Long Beach because of the wide, tree-lined streets and low density neighborhood surrounded by single family homes. This gem features three units with a great mix of (2) 2 bedroom + 1 bath and (1) 1 bedroom + 1 bath units, all sitting on a 6,522 sqft lot! Step inside to discover stunning windows that flood the interior with natural light, highlighting the attention to detail found throughout. The current owner has installed dedicated electrical, gas and water meters for each unit. Landlord pays zero utilities. This building reflects a blend of classic charm and contemporary comfort. Additionally, there is a private patio to provide the front building tenants with a tranquil setting for relaxation or entertainment. For the upstairs units, a major capital improvement added a private deck for the tenants; quiet enjoyment. All major electrical has been replaced, as well as most of the plumbing throughout the building. With its prime location and major capital improvements, this property presents a fantastic opportunity for investors who are looking to enjoy the vibrant lifestyle that Long Beach has to offer. Please do not disturb the tenants and inquire for further information.
PROPERTY INFORMATION
MLS # | SB24056646 | Lot Size | 6,522 Sq. Ft. |
HOA Fees | $0/Monthly | Property Type | Apartment |
Price | $ 1,700,000
Price Per SqFt: $ 543 |
DOM | 413 Days |
Address | 249 Grand Avenue | Type | Residential Income |
City | Long Beach | Sq.Ft. | 3,132 Sq. Ft. |
Postal Code | 90803 | Garage | 3 |
County | Los Angeles | Year Built | 1930 |
Bed / Bath | 5 / 0 | Parking | 6 |
Built In | 1930 | Status | Closed |
Sold Date | 2024-06-24 |
INTERIOR FEATURES
Has Laundry | Yes |
Laundry Information | Gas & Electric Dryer Hookup, Washer Hookup |
Has Heating | Yes |
Heating Information | See Remarks |
EntryLocation | Front |
Entry Level | 1 |
EXTERIOR FEATURES
Has Pool | No |
Pool | None |
WALKSCORE
MAP
MORTGAGE CALCULATOR
- Principal & Interest:
- Property Tax: $1,813
- Home Insurance:$119
- HOA Fees:$0
- Mortgage Insurance:
PRICE HISTORY
Date | Event | Price |
06/24/2024 | Sold | $1,750,000 |
05/16/2024 | Price Change | $1,700,000 (-10.53%) |
05/06/2024 | Price Change | $1,900,000 (-4.76%) |
03/21/2024 | Listed | $1,995,000 |

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Listing provided courtesy of Stephen Takahashi, Lyon Stahl Investment Real Estate, Inc.. Based on information from California Regional Multiple Listing Service, Inc. as of #Date#. 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.