7 days on Rocket
$10,000 Closing Credit¹
#SB25116076, Cameron Samimi, Listing Office: Lyon Stahl Investment Real Estate, Inc.
#PW25105287·
Listing office: Keller Williams Coastal Prop.·
Listing agent: Heidi Bailey·
Listing office phone: 9497630930
$1,875,000 List price
267 La Verne Ave Long Beach, CA 90803
$10,000
Closing credit¹
0.1 acres
Multi-Family
Property details
About 267 La Verne Ave
Incredible investment opportunity in the heart of Belmont Shore! This fully occupied 4-unit property features four 1-bedroom, 1-bathroom units, each offering steady income with room to improve rents over time. Located just blocks from the beach and the vibrant shops and restaurants along Second Street, this is a rare chance to own in one of Long Beach’s most sought-after coastal neighborhoods. The property includes four garage spaces— All rented out separately for additional monthly income. With all units currently leased, investors will benefit from immediate cash flow and strong long-term upside. Whether you're looking to expand your portfolio or invest in a premier rental market, 267 La Verne Dr combines location, stability, and future potential.
Highlights
Home typeQuadruplex
HeatingFloor Furnace, Wall Furnace
StatusActive
Lot size0.109 Acres
Year built1943
ParkingGarage, On Street
MLS #PW25105287
Garage4 spaces
ViewNeighborhood
Summary
- Appliances: Gas Range, Water Heater
- Flooring Type: Carpet, Vinyl
- Interior: Ceiling Fan(s)
- Fireplace: None
- Garage Space: 4 spaces
- Private Pool: No
- Parking: Garage, On Street
- View: Neighborhood
- Architectural Style: Traditional
- Heating: Floor Furnace, Wall Furnace
- Cooling: None
- List Price: $1,875,000
- HOA Amount: $0
- Annual Tax Amount: $5,679
- Tax Year: 2024
- Lot: Front Yard, Lawn
- Directions: Crossroads are Broadway and LaVerne
- Year Built: 1943
- Stories: 2
- Lot Size: 0.109 Acres
- MLS Number: PW25105287
- MLS Name: CRMLS
- Office Name: Keller Williams Coastal Prop.
- Office Phone: (949) 763-0930
- Listing Agent: Heidi Bailey
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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/3/2025, 7:45:30 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$1,875,000
267 La Verne Ave
$10,000
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Mar 30, 1999 | Home Sold | $398,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $391,834 | $5,679 |
| 2023 | $384,151 | $5,578 |
| 2022 | $376,620 | $5,252 |
| 2021 | $369,236 | $5,128 |
| 2020 | $365,451 | $5,055 |
| 2019 | $358,286 | $4,879 |
| 2018 | $351,262 | $4,828 |
| 2017 | $344,376 | $4,828 |
History based on county public records data.
Nearby schools
7
Lowell Bayside Academy
Public District KG-5
0.1 mi
•5201 E Broadway
9
Naples Bayside Academy
Public District KG-5
0.6 mi
•5537 E the Toledo
8
Fremont Elementary School
Public District KG-5
1.0 mi
•4000 E 4th St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $70,567. Typical income of Long Beach, CA residents is between $35k-100k annually. The majority of families are single, no kids. Typical level of education for residents in this area is post secondary degree.
How much money do the neighbors make?
18%
<35k
53%
35k-100k
25%
100k-200k
4%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
69%
Single, No Kids
5%
Single, with Kids
15%
Married, No Kids
11%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
8%
<11 yrs old
4%
12-17 yrs old
31%
18-34 yrs old
46%
35-64 yrs old
11%
65+ yrs old
What do the neighbors do for fun?
Art Museums
Music Concerts
Live Theatre
Where do the neighbors shop?
Bloomingdales
H&M
Banana Republic
Where do the neighbors go to eat?
Starbucks
Chipotle
Boston Market
What do the neighbors drive?
Audi
Volkswagen
Mercedes
What do the neighbors listen to?
News
Rhythmic Contemporary Hits
Jazz
All data provided by Home Junction and Claritas
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This home is located at 267 La Verne Ave in Long Beach, CA and zip code 90803 in the The Harbor neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since May 15, 2025 and is currently priced at $1,875,000.
In May 2025, from all listings sold in Long Beach, CA there were more than 67 sold above asking price, over 61 sold below and more than 34 were sold right at the asked price. The inventory of homes for sale in Long Beach, CA between April and May 2025 increased by 2.4%. In May 2025 median list price was $830,000 and the average listing age was 27 days.
From Rocket Homes Real Estate and based on county public records data.