222 220 Granada Avenue, Long Beach, California 90803, Long Beach, 90803 - bed, bath

222 220 Granada Avenue, Long Beach, California 90803 home-pic-0

222 220 Granada Avenue

Long Beach, California 90803

ACTIVE
CONDITION: GOOD
0Beds
0Baths
10,293Sq Ft
6,681Lot Size

Property Price

LIST PRICE$5,300,000

SUMMARY

Analysis of 222 220 Granada Avenue, Long Beach, California 90803 is currently available with a list price of $5,300,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. 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.

Condition Analysis

OVERALL CONDITION SCORE

Good
TeardownExcellent

Property is move-in ready.

The property, built in 1964, has been 'thoughtfully updated throughout' with all 12 units featuring modern kitchens (white shaker cabinets, stainless steel appliances, subway tile backsplash) and updated bathrooms (modern vanities, subway tile in showers). Flooring is a mix of wood-look laminate and carpet, all appearing in good condition. While the building's age and implied lack of central air conditioning are noted, the extensive interior renovations make the units move-in ready with minimal wear and tear, aligning with the 'Good' category's criteria for properties extensively renovated within the last 5-15 years.

PROSSTRENGTHS & OPPORTUNITIES

  • Prime Coastal Location

    Located in the heart of Belmont Shore, an affluent and highly sought-after coastal neighborhood in Long Beach, just blocks from the beach, retail, dining, and business district, ensuring exceptional tenant demand and low vacancy.

  • Updated Units & Minimized Capex

    All 12 units have been thoughtfully updated with modern appliances (electric stoves, microwaves, dishwashers, refrigerators), supporting strong market rents and significantly minimizing near-term capital expenditure for an investor.

  • Desirable Amenities

    The property offers highly desirable amenities including enclosed, gated parking (one space per unit), a secure perimeter, an elevator, an on-site coin-operated laundry room for supplemental income, and a unique rooftop patio with panoramic views.

CONSRISKS & DEFICIENCIES

  • Building Age

    Despite being 'pristinely maintained and thoughtfully updated,' the building was constructed in 1964, which may imply potential for future capital expenditures on major systems (e.g., plumbing, electrical infrastructure beyond unit appliances, roof) not explicitly mentioned as updated.

  • All-Electric Property

    The property is described as 'all-electric,' which could lead to higher utility costs for tenants or the owner, depending on local electricity rates, and may not be preferred by all prospective tenants compared to properties with gas options.

  • Lack of Central Air Conditioning (Implied)

    The description does not mention central air conditioning, which is common for buildings of this age. This could be a drawback for tenant comfort during warmer months in Long Beach, potentially impacting tenant retention or marketability.

About 222 220 Granada Avenue

Trophy Belmont Shore Apartment Building – Pride of Ownership Investment Offered for sale is a rare, pride-of-ownership 12-unit (6-1bd/1ba; 6-2bd/2ba) apartment complex located in the heart of Belmont Shore, one of Long Beach’s most affluent and sought-after coastal neighborhoods. Built in 1964, this three-story, all-electric property has been pristinely maintained and thoughtfully updated throughout, making it an ideal acquisition for investors seeking long-term stability, strong tenant appeal, and premier location. The property comprises approximately 10,293 square feet of rentable living space situated on a 6,681 square foot lot. All 12 units have been updated and feature electric stoves, microwave ovens, dishwashers, and refrigerators, supporting strong market rents and minimizing near-term capital expenditure. The ground level consists of enclosed, gated parking, with one assigned parking space per unit, a highly desirable amenity in this coastal submarket. Residents enjoy a secure rod-iron gated and fenced perimeter, lush landscaping, and a rooftop patio offering panoramic neighborhood and coastal views, providing a unique lifestyle amenity rarely found in comparable assets. Additional highlights include Elevator, and an on-site laundry room with coin-operated equipment, for supplemental income potential. Located just blocks from the beach, boutique retail, dining, and the vibrant Belmont Shore business district, the property benefits from exceptional tenant demand, a strong demographic profile, and historically low vacancy. This offering represents a prestige investment opportunity in a premier coastal enclave with enduring appeal and long-term upside.

Property Details

Public Facts

Property Type
Mixed Use
Year Built
1964
Lot Size
6,681 Sq. Ft.

Interior

Total Bedrooms
-
Total Bathrooms
-

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$0 / Month

Neighborhood Insights

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds--
50%
Baths--
50%
Square foot10,2938,179
50%
Lot Size6,6815,469.5
50%
Price$5.30M$2.40M
75%
Price per sq ft$515$443
50%
Built year19641947
75%
HOA$0$0
50%
Days on market38172
25%

Pricing History

Listed for Sale

Jan 27, 2026

$5,300,000

Initial Listing

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