132 Belmont Avenue, Long Beach, California 90803, Long Beach, 90803 - 4 bed, 3 bath
132 Belmont Avenue
Long Beach, California 90803
Property Price
SUMMARY
Analysis of 132 Belmont Avenue, Long Beach, California 90803 reveals a Prime Investment Opportunity with a current list price of $2,349,000—significantly undercutting the $2,596,891 Fair Market Value by 9%. This valuation gap indicates a +$247,891 Instant Equity potential for buyers. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Long Beach Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 132 Belmont Avenue Subject | $2,349,000* List Price | 4 | 3 | 3,000 | $866 | - |
A 252 Roswell Avenue Sold | $2,325,000 | 3 | 4 | 2,565 | $906 | 0.3 mi |
B 267 Nieto Avenue Active | $2,185,000 List Price | 4 | 3 | 2,606 | $838 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
Although originally built in 1920, this Spanish-style home has undergone a comprehensive, high-end renovation within the last year. The property features a fully modernized gourmet kitchen with professional-grade stainless steel appliances and stone countertops, designer-remodeled bathrooms with contemporary tile work and premium fixtures, and refinished hardwood flooring throughout. All interior systems, including lighting and electrical, appear updated to meet current luxury standards while meticulously preserving the home's historic architectural character.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: Lowell Elementary School (9/10).
- Premier Coastal Location
Situated in the highly coveted Belmont Heights neighborhood, this property offers an unbeatable lifestyle just steps from the ocean, boutique shopping, and vibrant local dining.
- Versatile Living Space
The 3,000-square-foot interior is complemented by a rare two-car garage with a bonus room above, providing excellent potential for a home office, guest suite, or ADU.
CONSRISKS & DEFICIENCIES
- Pricing Volatility
The significant and rapid increase in listing price following a recent sale may lead to appraisal challenges and scrutiny regarding the property's current market valuation.
- Vintage Infrastructure Risks
As a century-old structure built in 1920, the property may require specialized maintenance or further updates to its core systems that are not always apparent in a standard remodel.
About 132 Belmont Avenue
Nestled in the heart of the highly coveted Belmont Heights neighborhood, this 1920’s Spanish-style gem offers the perfect balance of modern amenities and timeless charm . Situated on a prominent corner lot with peek-a-boo ocean views, this home is brimming with character. Boasting a spacious interior and a generous lot for both relaxing and entertaining. This property includes a 2-car garage with an added bonus room above. The main home exudes classic charm, with architectural details brought back to life. Imagine living in your dream home just steps from Belmont Heights' vibrant offerings, including boutique restaurants, nightlife, and the ocean. Grocery stores and everyday conveniences are just a short stroll away, making this location truly unbeatable. Whether you're relocating from out of area or a local, this property is a rare find in one of Long Beach’s most desirable neighborhoods. Enjoy this Spanish beauty and make it your own—your dream home awaits!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1920
- Lot Size
- 6,351 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Long Beach Unified Schools
Mann Elementary School
Grades K-5 • 0.6 mi
Fremont Elementary School
Grades K-5 • 0.7 mi
Lowell Elementary School
Grades K-5 • 0.7 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 57% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 3,000 | 2,118 | 87% |
| Lot Size | 6,351 | 3,191.5 | 86% |
| Price | $2.35M | $1.71M | 83% |
| Price per sq ft | $783 | $861 | 33% |
| Built year | 1920 | 1946 | 7% |
| HOA | $0 | $0 | 50% |
| Days on market | 24 | 194 | 1% |
Pricing History
Listed for Sale
Feb 28, 2026
$2,349,000
$2,379,000
-1% Price Drop
Initial Listing
Price Change
Feb 11, 2026
$2,379,000
$1,379,000
+73% Price Increase
Initial Listing
Price Change
Feb 10, 2026
$1,379,000
Initial Listing
Sold
Jan 8, 2025
$1,457,000
Public Record