NOT LISTED FOR SALE
5 Beds
6 Baths
3,276 Sq Ft
1947 Built

Sale Details

Date Sold: June 26, 2025

Last sale price $1,600,000 $488 Per Sq Ft

27 Days on Market

Highlights

  • No HOA
  • Neighborhood Views
  • Front Yard
  • Lowell Elementary School Rated A-
  • Laundry Room

About This Home

As of June 2025

Investor Opportunity in Belmont Shore – Prime 6-Unit Property with Major Upside. Introducing 227 Pomona Ave, a rare 6-unit asset perfectly positioned on a sought-after street in the heart of Belmont Shore. The property features an efficient mix of (5) one-bedroom, one-bath units and (1) studio, all currently rented well below market—offering immediate value-add potential through renovation and rent increases. Additional income is generated via a shared coin-operated laundry room, with room to boost returns further. This is a classic reposition play in one of Long Beach’s most desirable rental markets, just blocks from 2nd Street’s top-rated dining, boutique shops, and beachside amenities. With strong tenant demand, walkability, and future appreciation baked in, 227 Pomona is a smart addition to any portfolio—ideal for investors looking to renovate and fully maximize for long-term gains.

Last Agent to Sell the Property

Steve Nader

Beach Team Brokerage Phone: 562-673-7831 License #01982651 Listed on: 04/23/2025

Beach Team

Last Buyer's Agent

Mollie Beck

Coldwell Banker Realty License #01349384

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1947

Lot Details

  • 3,276 Sq Ft Lot
  • Two or More Common Walls
  • Front Yard

Parking

  • Parking Available

Home Design

  • Property Attached
  • Entry on the 1st floor

Interior Spaces

  • 3,276 Sq Ft Home
  • 2-Story Property
  • Neighborhood Views
  • Laundry Room

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 6 Bathrooms

Location

  • Urban Location

Listing and Financial Details

  • Legal Lot and Block 29 / 5
  • Tax Tract Number 4029
  • Assessor Parcel Number 7249020020
  • $914 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 6 Units
  • Belmont Shore Subdivision

Amenities

  • Laundry Facilities

Building Details

  • 6 Leased Units
  • 6 Separate Electric Meters
  • 6 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Year Built

Built in 1947

Lot Details

3,276 Sq Ft Lot

Listing Details

  • Assessments: No
  • Property Attached: Yes
  • Subdivision Name Other: Belmont Shore (BSD)
  • View: Yes
  • Zoning: LBR2S
  • Property Sub Type: Commercial/Residential
  • Property Type: Residential Income
  • Parcel Number: 7249020020
  • Year Built: 1947
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 488.40

Exterior Features

  • View: Neighborhood
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Parking: Yes

Utilities

  • Laundry: Yes
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard
  • Lot Size Sq Ft: 3276.00
  • Lot Size Acres: 0.0752
  • Latitude Manual: 33.76042500

Multi Family

  • Gross Scheduled Income: 104560.00
  • Lot Size Area: 3276.0000 Square Feet
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Gas Meters: 6
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 6
  • Number Of Units Total: 6
  • Rent Control: No

Tax Info

  • Tax Block: 5
  • Tax Census Tract: 5774.00
  • Tax Lot: 29
  • Tax Tract Number: 4029
  • TaxOtherAnnualAssessmentAmount: 914.00
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/26/2025 06/26/25 Sold $1,600,000 -13.5% $488 / Sq Ft
05/20/2025 05/20/25 Pending -- -- --
04/23/2025 04/23/25 For Sale $1,850,000 -- $565 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $8,990 $629,159 $272,128 $357,031
2024 $8,596 $616,824 $266,793 $350,031
2023 $8,443 $604,730 $261,562 $343,168
2022 $7,938 $592,874 $256,434 $336,440
2021 $7,759 $581,250 $251,406 $329,844
2019 $7,648 $564,411 $243,950 $320,461
2018 $7,441 $553,353 $239,167 $314,186
2016 $6,844 $531,483 $229,881 $301,602
2015 $6,578 $523,500 $226,428 $297,072
2014 $6,560 $513,246 $221,993 $291,253
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW25087330

California Regional Multiple Listing Service (CRMLS)
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