S
Seller's Agent in 2025
Steve Bogoyevac
Steven M. Bogoyevac, Broker
(562) 257-1231
2 in this area
82 Total Sales
32 La Verne Ave Long Beach, CA 90803
Belmont Shore Neighborhood
1
Bed
2
Baths
2,627
Sq Ft
2,409
Sq Ft Lot
Highlights
- Laundry Room
- Naples Bayside Academy Rated A
- Rectangular Lot
About This Home
As of November 202532 La Verne Avenue is a five-unit apartment building in a prime location just steps from the beach in Long Beach, California’s sought-after Belmont Shore neighborhood. The building is a two-story 1962 construction with three one-bedroom/one-bath units, two studios, and on-site laundry. Current rents offer a new investor a substantial 61 percent rental upside, making this an excellent value-add opportunity in a coveted coastal submarket with a strong tenant base. The Belmont Shore neighborhood is popular for its walkable dining, entertainment, and retail, and this affluent area boasts an average household income over $160,000. This neighborhood also offers convenient proximity to Cal State Long Beach and freeways.
Last Agent to Sell the Property
Steven M. Bogoyevac, Broker Brokerage Email: steve.bogoyevac@marcusmillichap.com License #01332755 Listed on: 05/21/2025
Co-Listed By
Marcus & Millichap Brokerage Email: steve.bogoyevac@marcusmillichap.com License #01928739
Last Buyer's Agent
Marcus & Millichap Brokerage Email: steve.bogoyevac@marcusmillichap.com License #01928739
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1947
Lot Details
- 2,408 Sq Ft Lot
- No Common Walls
- Rectangular Lot
Home Design
- Entry on the 1st floor
Interior Spaces
- 2,627 Sq Ft Home
- 2-Story Property
- Laundry Room
Bedrooms and Bathrooms
- 1 Bedroom
- 2 Bathrooms
Location
- Suburban Location
Listing and Financial Details
- Legal Lot and Block 10 / 32
- Tax Tract Number 3750
- Assessor Parcel Number 7247026010
- $848 per year additional tax assessments
Community Details
Overview
- 5 Units
- Belmont Shore Subdivision
Amenities
- Laundry Facilities
Building Details
- Rent Control
- 5 Separate Electric Meters
- 5 Separate Gas Meters
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/12/2025 11/12/25 | Sold | $1,485,000 | -4.2% | $565 / Sq Ft |
| 09/15/2025 09/15/25 | Pending | -- | -- | -- |
| 08/12/2025 08/12/25 | Price Changed | $1,550,000 | -3.1% | $590 / Sq Ft |
| 07/07/2025 07/07/25 | Price Changed | $1,600,000 | -3.0% | $609 / Sq Ft |
| 05/21/2025 05/21/25 | For Sale | $1,650,000 | -- | $628 / 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 | $7,823 | $571,074 | $251,944 | $319,130 |
| 2024 | $7,823 | $559,877 | $247,004 | $312,873 |
| 2023 | $7,682 | $548,900 | $242,161 | $306,739 |
| 2022 | $7,221 | $538,138 | $237,413 | $300,725 |
| 2021 | $7,059 | $527,587 | $232,758 | $294,829 |
| 2019 | $6,958 | $512,280 | $225,855 | $286,425 |
| 2018 | $6,774 | $502,243 | $221,427 | $280,816 |
| 2016 | $6,235 | $482,416 | $212,830 | $269,586 |
| 2015 | $5,994 | $475,171 | $209,634 | $265,537 |
| 2014 | $6,023 | $465,864 | $205,528 | $260,336 |
Source: Public Records
Agents Affiliated with this Home
-
Steve Bogoyevac
-
David O'Keefe
D
Seller Co-Listing Agent in 2025
David O'Keefe
Marcus & Millichap
(562) 257-1200
2 in this area
42 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW25113362
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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