25 Bennett Ave

8
Baths
3,344 Sq. Ft.
$733 / Sq. Ft.
3,344
Sq. Ft.
$733
per Sq. Ft.

Description

Extremely rare opportunity to own an 8 unit apartment in the highly sought after coastal community of Belmont Shore. The Belmont Shore lifestyle offers exceptional recreation and life-style opportunities. You can walk to 2nd Street for shopping and restaurants or the beach. This equates to a strong rental market. This property has 7 one bedroom/one bath units and 1 Studio/1 bath unit. It also has 6 coveted off-street parking spaces behind the property. Actual rents total $15,003 per month which equals...Extremely rare opportunity to own an 8 unit apartment in the highly sought after coastal community of Belmont Shore. The Belmont Shore lifestyle offers exceptional recreation and life-style opportunities. You can walk to 2nd Street for shopping and restaurants or the beach. This equates to a strong rental market. This property has 7 one bedroom/one bath units and 1 Studio/1 bath unit. It also has 6 coveted off-street parking spaces behind the property. Actual rents total $15,003 per month which equals a 14.4 GRM. Potential rents based on the average RentOmeter analysis equals $16,495 per month, for a 13.1 GRM. This could be a potential 10% increase over current rents.
  1. Listed by W. Kurt Wood • DRE #00452182 • Brokerage DRE #01011683 • Belmont Brokerage & Mgmt. INC. • 562-301-6763

Property Details for 25 Bennett Avenue

Architectural Style
Contemporary
View
None
Parking Spaces Total
6
Private Pool
No
Cooling Type
None
Total Units
8.0
Building Type
Detached
Lot Size Source
Assessor
LISTING UPDATED: 01/07/2025 07:48 AM

Property Details for 25 Bennett Avenue

StatusClosed
MLS #PW24212887
Days on Market13
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Res Income 2-4 Units
Year Built1955
CountyLos Angeles County

Location

Listing Courtesy of Belmont Brokerage & Mgmt. INC., W. Kurt Wood, DRE #00452182

Sold By NONMEMBER MRML, General NONMEMBER, DRE #02067393

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Building Information for 25 Bennett Avenue

Building/Complex25 Bennett AveFloor-Stories2Residences-Pet Policy-Pet Policy Details-Year Built1955Building Size-

Payment Calculator

$14,651 per month

30 year fixed, 6.15% Interest

Principal and Interest

$11,941

Property Taxes

$2,710

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 25 Bennett Avenue

Rental Info
Rental Info
  • Tenant Pays: Electricity, Gas
Income / Expense / Tax Details
Income Details
  • Gross Income: $245,916
  • Gross Scheduled Income: $174,816
  • Net Operating Income: $0
  • Number Of Rented Garages: 6
  • Garage Rental Rate: $72
  • Garage Income: $5,220
  • Laundry Income: $270
  • Gross Multiplier: 14.4
  • Financing: Cash
Expense Details
  • Operating Expense: $0
  • Fuel Expense: $0
  • Electric Expense: $0
  • Insurance Expense: $0
  • Professional Management Expense: $0
  • Trash Expense: $0
  • Water Sewer Expense: $0
  • Total Expenses: $0
Tax / Assessment Info
  • Tax Block: 6
  • Tax Tract Number: 3750
  • Tax Census Tract: 5773.00
  • CFD/Mello-Roos Fee: $0
  • Tax Lot: 19
Community / Development
Community / Development
  • Assessments YN: No
  • Assessments: None
  • Community Features: Sidewalks, Street Lights, Urban
  • Community: Belmont Shore (BSD)
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Common Area
  • Laundry Equipment Own Lease: Lease
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Cooling: None
Exterior Features
  • Construction Materials: Stucco
  • Exterior Construction: Stucco
  • Exterior: Stucco
  • Roof: Flat
  • Entry Location: Front
  • View Description: None
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
  • Pool Heat: N/K
Land/Lot Info
  • Lot Features: Yard
  • Number Of Units: 8
  • Land Lease: No
  • Land Lease Type: Fee
  • Road Surface Type: Alley Paved, Paved
  • Road Frontage Type: City Street
  • Levels: Two
  • Water: Public
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
  • Electric: Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
  • Water Source: Public
Parking Info
  • Garage Spaces: 0
  • Parking: Yes
  • Parking Garage: Assigned
  • Uncovered Spaces: 6
  • Open Other Spaces Total: 6
  • Parking Garage Spaces: 0
  • Carport Spaces: 0
  • Parking Features: Assigned
Property / Structure Info
  • Builders Tract Name: Belmont Shore
  • Builders Tract Code: Belmont Shore (BSD)
  • Residential Styles: Res Income 2-4 Units
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $2,045
  • Unit Type Total Rent: $2,045
  • Unit Type Pro Forma: 2045
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 0
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,590
  • Unit Type Total Rent: $1,590
  • Unit Type Pro Forma: 1745
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $2,045
  • Unit Type Total Rent: $2,045
  • Unit Type Pro Forma: 2045
  • Unit Type Type: 3
Unit 4
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,845
  • Unit Type Total Rent: $1,845
  • Unit Type Pro Forma: 2045
  • Unit Type Type: 4
Unit 5
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,945
  • Unit Type Total Rent: $1,946
  • Unit Type Pro Forma: 2045
  • Unit Type Type: 5
Unit 6
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,710
  • Unit Type Total Rent: $1,710
  • Unit Type Pro Forma: 2045
  • Unit Type Type: 6
Unit 7
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,623
  • Unit Type Total Rent: $1,623
  • Unit Type Pro Forma: 2045
  • Unit Type Type: 7
Unit 8
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,765
  • Unit Type Total Rent: $1,765
  • Unit Type Pro Forma: 2045
  • Unit Type Type: 8
Unit Information
  • Rent Controlled: Yes
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 9
  • Number Of Separate Gas Meters: 9
  • Number Of Separate Water Meters: 1

Property History for 25 Bennett Avenue

DateEvent & SourcePriceAppreciation
Dec 24, 2024

Sold

SDMLS #PW24212887

$2,450,000—
Dec 24, 2024

Sold

CRMLS #PW24212887

$2,450,000—
Dec 24, 2024

Sold

CLAW #PW24212887MR

$2,450,000—
Oct 29, 2024

Pending

CRMLS #PW24212887

—
Oct 29, 2024

Pending

CLAW #PW24212887MR

—
Oct 29, 2024

Pending

SDMLS #PW24212887

—
Oct 16, 2024

Listed (Active)

CRMLS #PW24212887

$2,600,000—
Oct 15, 2024

Listed (Active)

SDMLS #PW24212887

$2,600,000—
Oct 15, 2024

Listed (Active)

CLAW #PW24212887MR

$2,600,000—
DateEvent & SourcePrice
12/24/2024

Sold

SDMLS #PW24212887

$2,450,000
12/24/2024

Sold

CRMLS #PW24212887

$2,450,000
12/24/2024

Sold

CLAW #PW24212887MR

$2,450,000
10/29/2024

Pending

CRMLS #PW24212887

—
10/29/2024

Pending

CLAW #PW24212887MR

—
10/29/2024

Pending

SDMLS #PW24212887

—
10/16/2024

Listed (Active)

CRMLS #PW24212887

$2,600,000
10/15/2024

Listed (Active)

SDMLS #PW24212887

$2,600,000
10/15/2024

Listed (Active)

CLAW #PW24212887MR

$2,600,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 25 Bennett Avenue

Taxable ValueLand$1,450,000Additions$1,000,000Total$2,450,000
Tax Record2025$32,522 ($2,710 / month)
Home Facts
Total Finished SqFt3,344 SqFtAbove Grade Finished SqFt3,344 SqFtLot Size4,726 SqFtStyleMulti-Family Res (5+ Units)Year Built1955ZoningLBR4RCountyLOS ANGELESAPN7256-037-016

Schools near 25 Bennett Avenue

This home is within Long Beach Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Lowell Elementary School
PublicK to 5

Rogers Middle School
Public6 to 8

Wilson High School
Public9 to 12

Richard D. Browning High
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Listing Courtesy of Belmont Brokerage & Mgmt. INC., W. Kurt Wood, DRE #00452182

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.