20 Nieto Avenue

5

A rare find in Belmont Shore. Just steps from the sand sits this charming duplex with 5 garages. Yes, 5 garages. Belmont Shore is the jewel of Long Beach and rentals are in high demand from both tenants and investors making it a prime area to be a landlord, or owner occupant. Recent rates (July 17, 2020) for owner occupied is 3.375%. Live in the upper and rent the lower unit to help with the payment. Upper has large deck & extra detached room. Ocean view from living room of the upper unit. Fantastic walk-ability factor to shops, dining, entertainment, beaches, parks, and water-sports. Property is 2 - 2 bedroom 1 bath units. The lower rents with one garage & the upper unit rents currently with 2 garage spaces. One garage is rented out at $150 and the owners use one of them as well. Lower unit is photographed and is in great condition with original hardwood floors. Separate electric and gas meters. Laundry room with owned equipment. Owners only pay water. Area is not as parking impacted as it is closer to Ocean than to 2nd St, so parking is much less of an issue for visitors to the property. Location, location, location! *Information provided is believed to be accurate, but shall not be relied upon without verification by Buyer or Buyer’s Representative. Accuracy of square footage, lot size, and other features, amenities and/or other details are not limited to inclusions and exclusions is not guaranteed. *
20 Nieto Avenue, Long Beach, CA 90803 | Residential Income | Pending | 2140 SF Lot | Built 1947 | 2 Stories | MLS# PW20142907

Pending $1,275,000

Features

Garage Spaces: 5 | Parking Spaces: 5 | Pool: No | View: Ocean | Heating : Natural Gas

Meet an expert

Troy Palmquist
Agent | DRE# 01772139

805.409.3662

Based on information from California Regional Multiple Listing Service, Inc. as of November 25, 2020. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Listing provided by
Cathy Lyn Brooks, United Real Estate Professionals, Source: Local MLS