783 Newport ave, Long Beach, CA 90804
Active
$2,389,800
9 Units
12 Beds
9 Baths
6,775 Area(sq.ft.)
Lot: 6,257 Lot Size(sq.ft.)
| Type | # of Units | Bedroom | Bath | Furnished | Rent | Actual Rent | Projected Rent |
|---|---|---|---|---|---|---|---|
| Unit 1 | 1 | 2 | 1 | $ 1,765 | $ 1,765 | $ 2,400 | |
| Unit 2 | 1 | 1 | 1 | $ 1,410 | $ 1,410 | $ 1,850 | |
| Unit 3 | 1 | 1 | 1 | $ 1,410 | $ 1,410 | $ 1,850 | |
| Unit 4 | 1 | 1 | 1 | $ 1,300 | $ 1,300 | $ 1,750 | |
| Unit 5 | 1 | 2 | 1 | $ 1,545 | $ 1,545 | $ 2,400 | |
| Unit 6 | 1 | 1 | 1 | $ 1,590 | $ 1,390 | $ 1,750 | |
| Unit 7 | 1 | 1 | 1 | $ 1,525 | $ 1,525 | $ 1,750 | |
| Unit 8 | 1 | 1 | 1 | $ 1,540 | $ 1,340 | $ 1,750 | |
| Unit 9 | 1 | 2 | 1 | $ 1,720 | $ 1,720 | $ 2,400 | |
| 9 | 12 | 9 | $ 13,805 | $ 13,405 | $ 17,900 |
| MLS #: | GD25049316IT |
| Days On Market: | 285 |
| Listing Date: | March 5, 2025 |
| County: | Los Angeles |
| Property Type: | Residential Income |
| Price per ft2: | $ 353 |
| Price per unit: | $ 265,533 |
| Year Built: | 1957 |
Property Details
Beautiful East of Redondo Security Building. Located between 7th and 8th St. Property is pride of ownership. Well, maintained. Courtyard Style. New updated handrails and Paint recently done. Lots of room for improvement on the rents. Three large 2-bedroom units and 6 large 1-bedroom units. 4 garages off Alley.Interested in this Listing?
Miami Residence will connect you with an agent in a short time.
Income Details
| Rent Control: | False |
| Gross Operating Income: | $ 158,363 |
| Total Annual Expense: | $ 56,727 |
| Net Operating Income: | $ 87,932 |
| Actual Gross Rent: | $ 13,400 |
Structure
| Community Features: | Biking, Curbs, Fishing, Golf, Hiking, Park, Watersports, Sidewalks, Street Lights |
| Style: | Contemporary |
| Sewer: | Public Sewer |
| Water: | Private |
Land & Parking
| Zoning: | LBR3S |
| Land Lease Type: | Fee |
Interior
| Laundry: | Laundry Area |
| Laundry Income: | 2400.00 |
Exterior
| Pool: | No |
Detailed Map
Schools
Find a great school for your child
Income
