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208 Park Avenue

$1,775,000

208 Park Avenue, Long Beach, CA 90803

Active
Last Updated: 10/11/2024

3,046 sqft

Building Size

2,954 sqft

Lot Area

Details:
Building Size:    3,046 sqft
Lot Area:    2,954 sqft
Units:    4
Year Built:    1947
Floors:    2
Description:

Belmont Shore is a vibrant, beachside neighborhood located in Long Beach, California. The neighborhood offers a strong sense of community, with regular events and festivals that bring residents together. Housing our famous 2nd Street, a bustling thoroughfare lined with an eclectic mix of boutique shops, gourmet restaurants, cozy cafes, and lively bars. This vibrant street is the social hub of the neighborhood, where people gather to enjoy outdoor dining, shopping, and nightlife. Known for its charming, small-town feel and lively atmosphere, Belmont Shore is one of the most desirable areas in Southern California, attracting both locals and visitors alike.

Welcome to Belmont Shore, the bustling community in Long Beach, CA. Nestled just steps from the beach, this property is ideally located within walking distance to the vibrant 2nd Street, known for its dining, shopping, and entertainment options.
This well maintained fourplex sits on a 2,954 SF lot. The property is comprised of (4) large one bedroom one bath units with an ideal floorplan and tons of storage. The exterior has recently been painted along with some interior upgrades. Two of the units will be delivered vacant at the time of sale.
Whether you’re an investor looking to expand your portfolio or someone seeking a live-in investment opportunity, this fourplex in Belmont Shore represents a rare chance to own a piece of one of Southern California’s most desirable neighborhoods.

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Flyer - 208 Park Ave., Long Beach
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Today's Available Mortgage Rates

208 Park Avenue, Long Beach, California 90803

Choose Your Priority
 
Interest Rate
Mo. Payments
Max LTV Max Loan to Value is determined by the participating lenders DSCR requirements and stated NOI for the property. If no NOI is present, a 5% Cap rate is used by default.
Loan Amount
Rates as of 06/06/2025
Bank*Lender #1049
5 Year Fixed
25 Year Amortization
Interest rate 5.96% 5 Year Fixed
Mo. Payment$5,810 25 Year Amortization
Max LTV Max Loan to Value is determined by the participating lenders DSCR requirements and stated NOI for the property. If no NOI is present, a 5% Cap rate is used by default. 51% LTV $0 Lender fees
Loan Amount $905,250 Loan Amount
Bank*Lender #1049
7 Year Fixed
25 Year Amortization
Interest rate 6.09% 7 Year Fixed
Mo. Payment$5,882 25 Year Amortization
Max LTV Max Loan to Value is determined by the participating lenders DSCR requirements and stated NOI for the property. If no NOI is present, a 5% Cap rate is used by default. 51% LTV $0 Lender fees
Loan Amount $905,250 Loan Amount
Bank*Lender #1049
10 Year Fixed
25 Year Amortization
Interest rate 6.19% 10 Year Fixed
Mo. Payment$5,822 25 Year Amortization
Max LTV Max Loan to Value is determined by the participating lenders DSCR requirements and stated NOI for the property. If no NOI is present, a 5% Cap rate is used by default. 50% LTV $0 Lender fees
Loan Amount $887,500 Loan Amount
Largest Commercial Real Estate Lending
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