3921 E Livingston Dr Long Beach, CA 90803
Belmont Heights NeighborhoodEstimated payment $32,207/month
Highlights
- Ocean View
- Laundry Room
- Wall Furnace
- Fremont Elementary School Rated A
- Paved or Partially Paved Lot
About This Home
An exceptional investment opportunity in one of Long Beach's most coveted coastal neighborhoods — just two blocks from the beach. This well-maintained 13-unit apartment building offers the perfect blend of lifestyle appeal and strong income performance, with all units leased at or close to market rents. The property features one penthouse unit with two bedrooms, one bath and a deck. Additional there are twelve spacious one-bedroom, one-bath residences. Approximately 80% of units have been thoughtfully remodeled and upgraded, reflecting pride of ownership throughout. Every unit has two walk in closets and dining areas while top-floor units feature cozy fireplaces. Select front-facing units offer private balconies and sweeping ocean views, while several side units capture partial ocean vistas. Many units feature charming bay kitchen windows, flooding living spaces with natural light and coastal breezes. On-site is a dedicated laundry facility with two washers and two dryers. Offered at approx $457,000 per unit, this property carries a current cap rate of 4.33% with a pro forma cap rate of 5.17% — reflecting meaningful upside rents continue to rise in this high-demand coastal corridor.
With its unbeatable Belmont Shore location, strong rental demand, and move-in ready condition, this is a rare opportunity to acquire a turnkey coastal asset with lasting appreciation potential.
Listing Agent
Engel & Völkers Burbank Brokerage Phone: 818-468-8908 License #01321196 Listed on: 06/21/2026
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1923
Lot Details
- 4,075 Sq Ft Lot
- Two or More Common Walls
- Paved or Partially Paved Lot
Home Design
- Apartment
- Entry on the 1st floor
Interior Spaces
- 9,024 Sq Ft Home
- 3-Story Property
- Ocean Views
- Laundry Room
Bedrooms and Bathrooms
- 14 Bedrooms
- Unit 1 Bathroom: 0
Utilities
- Wall Furnace
Listing and Financial Details
- Legal Lot and Block 7 / 39
- Tax Tract Number 577200
- Assessor Parcel Number 7256003024
Community Details
Overview
- 13 Units
- Belmont Shore Subdivision
Amenities
- Laundry Facilities
Building Details
- Rent Control
- 13 Separate Electric Meters
- 1 Separate Gas Meter
- 1 Separate Water Meter
- Insurance Expense $12,000
- Professional Management Expense $6,000
- Trash Expense $2,500
- Water Sewer Expense $6,000
- Operating Expense $26,500
- Gross Income $338,000
- Net Operating Income $257,800
Map
Home Values in the Area
Average Home Value in this Area
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 | $60,313 | $4,642,338 | $2,901,462 | $1,740,876 |
| 2025 | $60,313 | $4,551,313 | $2,844,571 | $1,706,742 |
| 2024 | $57,690 | $4,462,073 | $2,788,796 | $1,673,277 |
| 2023 | $56,712 | $4,374,582 | $2,734,114 | $1,640,468 |
| 2022 | $53,198 | $4,288,806 | $2,680,504 | $1,608,302 |
| 2021 | $52,143 | $4,204,713 | $2,627,946 | $1,576,767 |
| 2020 | $52,008 | $4,163,080 | $2,601,000 | $1,562,080 |
| 2019 | $51,394 | $4,081,480 | $2,550,000 | $1,531,480 |
| 2018 | $34,431 | $2,691,815 | $1,441,251 | $1,250,564 |
| 2016 | $31,669 | $2,585,869 | $1,385,287 | $1,200,582 |
| 2015 | $30,411 | $2,547,028 | $1,364,479 | $1,182,549 |
| 2014 | $30,211 | $2,497,136 | $1,337,751 | $1,159,385 |
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 | Prior Sale |
|---|---|---|---|---|---|
| 08/16/2026 08/16/26 | Price Changed | $4,950,000 | -16.8% | $549 / Sq Ft | |
| 06/21/2026 06/21/26 | For Sale | $5,950,000 | +48.8% | $659 / Sq Ft | |
| 06/29/2018 06/29/18 | Sold | $4,000,000 | -3.6% | $443 / Sq Ft | View Prior Sale |
| 05/01/2018 05/01/18 | Pending | -- | -- | -- | |
| 04/06/2018 04/06/18 | For Sale | $4,150,000 | -- | $460 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: GD26134832
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Ask me questions while you tour the home.