Erika Alvarez
RE/MAX Select One
(657) 325-5556
41 Total Sales
1 in Belmont Shore
$1,370,000 Price
227 Pomona Ave Long Beach, CA 90803
Belmont Shore Neighborhood
5
Beds
6
Baths
3,276
Sq Ft
1947
Built
Highlights
- No HOA
- Neighborhood Views
- Front Yard
- Lowell Elementary School Rated A-
- Laundry Facilities
About This Home
As of June 2025Investor 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
Beach Team Brokerage Phone: 562-673-7831 License #01982651 Listed on: 04/23/2025
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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
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
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 23, 2025
Closed on
Jul 29, 2025
Sold by
Lance And Loree Kenyon 2013 Trust and Kenyon Lance
Bought by
Seller's Agent
Steve Nader
Beach Team
Buyer's Agent
Mollie Beck
Coldwell Banker Realty
List Price
$1,850,000
Sold Price
$1,600,000
Premium/Discount to List
-$250,000
-13.51%
Views
27
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$850,000
Interest Rate
6.81%
Mortgage Type
Credit Line Revolving
Purchase Details
Listed on
Apr 23, 2025
Closed on
Jun 9, 2025
Sold by
Nelson James Gerald
Bought by
Nelson Tracey Leis
Seller's Agent
Steve Nader
Beach Team
Buyer's Agent
Mollie Beck
Coldwell Banker Realty
List Price
$1,850,000
Sold Price
$1,600,000
Premium/Discount to List
-$250,000
-13.51%
Views
27
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$850,000
Interest Rate
6.81%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Nov 10, 2017
Sold by
Leis Colin
Bought by
Leis Colin Philip and Leis Trust
Purchase Details
Closed on
May 29, 2014
Sold by
Nelson Tracey Leis
Bought by
Nelson Tracey Leis and Leis Family Trust
Purchase Details
Closed on
Dec 7, 2012
Sold by
Leis Colin and Leis Trust
Bought by
Leis Colin and Leis Trust
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Belmont Shore, CA
-
Erika Alvarez
-
Joshua Glaz
Joshua Glaz
The Ave
(657) 325-8448
257 Total Sales
1 in Belmont Shore
$2,450,000 Price
-
Dave Shorter
Dave Shorter
David Shorter, Broker
(562) 418-5957
37 Total Sales
1 in Belmont Shore
$1,600,000 Price
-
Mike Dunfee
Mike Dunfee
Dunfee Real Estate Services
(424) 358-3624
122 Total Sales
1 in Belmont Shore
$2,099,000 Price
-
Bill Ruth
Bill Ruth
Coastal Legacy Realty Group
(424) 588-6482
29 Total Sales
1 in Belmont Shore
$2,365,000 Price
-
Kimiah Wyer
Kimiah Wyer
Keller Williams Realty
(562) 247-4034
46 Total Sales
1 in Belmont Shore
$1,731,000 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| -- | None Listed On Document | ||
| Nelson Tracey Leis | -- | Ticor Title | |
| Lance And Loree Kenyon 2013 Trust | $1,600,000 | Ticor Title Company | |
| Leis Colin Philip | -- | None Available | |
| Nelson Tracey Leis | -- | None Available | |
| Leis Colin | -- | None Available | |
| Leis Colin | -- | None Available |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | $850,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | $8,990 | $1,632,000 | $652,800 | $979,200 |
| 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
-
Steve Nader
Seller's Agent in 2025
Steve Nader
Beach Team
(562) 673-7831
7 in this area
86 Total Sales
-
Mollie Beck
Buyer's Agent in 2025
Mollie Beck
Coldwell Banker Realty
(562) 440-3206
1 in this area
25 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW25087330
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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