About 267 La Verne Avenue
Calling All Investors! Don’t miss this incredible 4-unit investment opportunity in the heart of highly desirable Belmont Shore! Just blocks from the beach and vibrant Second Street, this fully occupied property features four 1-bedroom, 1-bathroom units, each providing steady rental income with significant potential for future rent growth. Additional income stream with four garage spaces, all rented separately. Fully occupied, investors will enjoy immediate cash flow plus strong long-term appreciation in one of Long Beach’s most sought-after coastal neighborhoods. Whether you’re growing your portfolio or seeking a prime coastal asset, 267 La Verne Dr offers the perfect combination of location, stability, and upside potential.
Features of 267 La Verne Avenue
| MLS® # | PW25105287 |
|---|---|
| Price | $1,575,000 |
| Sold Price | $1,525,000 |
| Bedrooms | 4 |
| Bathrooms | 4.00 |
| Lot Sqft | 4,748 |
| Acres | 0.11 |
| Year Built | 1943 |
| Type | Residential Income |
| Sub-Type | Quadruplex |
| Style | Traditional |
| Status | Closed |
| # Of Units | 4 |
Community Information
| Address | 267 La Verne Avenue |
|---|---|
| Area | 1 - Belmont Shore/Park,Naples,Marina Pac,Bay Hrbr |
| Subdivision | Belmont Shore (BSD) |
| City | Long Beach |
| County | Los Angeles |
| Zip Code | 90803 |
Amenities
| Utilities | Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected, Phone Connected |
|---|---|
| Parking Spaces | 4 |
| Parking | Garage, On Street |
| # of Garages | 4 |
| Garages | Garage, On Street |
| View | Neighborhood |
| Is Waterfront | No |
| Has Pool | No |
| Pool | None |
Interior
| Interior | Carpet, Vinyl |
|---|---|
| Interior Features | Ceiling Fan(s) |
| Appliances | Gas Range, Water Heater |
| Heating | Floor Furnace, Wall Furnace |
| Cooling | None |
| Has Basement | No |
| Fireplace | No |
| Fireplaces | None |
| # of Stories | 2 |
| Stories | Two |
Exterior
| Exterior | Concrete, Drywall |
|---|---|
| Lot Description | Front Yard, Street Level, Lawn, TwoToFiveUnitsAcre |
| Windows | Blinds |
| Roof | Asbestos Shingle |
| Construction | Concrete, Drywall |
| Foundation | Raised |
Additional Information
| Date Listed | May 12th, 2025 |
|---|---|
| Date Sold | October 30th, 2025 |
| Days on Market | 132 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Heidi Bailey |
|---|---|
| Office | Keller Williams Coastal Prop. |