236 Belmont, Long Beach, California 90803, Long Beach, 90803 - 5 bed, 5 bath
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Long Beach, California 90803
This Versatile Multi-Unit Residence represents a Strong Value Opportunity, listed at $2,450,000—positioned well below the $2,495,114 Fair Market Value by 1.8%. This valuation gap offers $45,114 in Instant Equity. With a Condition Rating of 4, the property features a Four-Car Garage and a Private Two-Bedroom Retreat, perfect for income generation. Located in the Long Beach Unified district near Lowell Elementary, this is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a coastal lifestyle with flexible living arrangements.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 236 Belmont Subject | $2,350,000* List Price | 5 | 5 | 3,778 | $648 | - |
A 7 37th Place Sold | $2,960,000 | 6 | 3 | 4,435 | $667 | 0.5 mi |
B 116 Termino Active | $2,548,000 List Price | 4 | 5 | 3,770 | $676 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property was built/redeveloped in 1980 (44 years old) and maintains its original era finishes. While it features fresh paint and refinished hardwood floors, the kitchens and bathrooms are significantly dated with 1980s-style oak cabinetry and white tile countertops. It is functional and well-maintained but requires aesthetic and likely systemic updates to meet modern standards.
Elementary School: Lowell Elementary School (9/10).
The property features a private 2-bedroom, 2-bath unit above the garage with its own entrance and rooftop deck, offering exceptional versatility for rental income, a home office, or guest quarters.
In the high-density Belmont Heights and Shore area, the inclusion of a four-car garage is a significant rarity that provides immense value and convenience for car enthusiasts or large households.
While the property offers modern scale and recent cosmetic updates like fresh paint, the 1980s redevelopment style may feel dated to buyers seeking either classic historic character or ultra-modern new construction.
At a $2.45M valuation, the property is positioned at the top of the market, which may lead to increased buyer scrutiny regarding the age of major systems and the need for further high-end interior modernization.
Belmont Heights 4 car garage, exceptional Single-Story home with 2750 SQ Feet, 3BD, 2 1/2 BA + 1000 SQFT rear upstairs 2BD/2BA + rooftop deck (permitted) all with separate rear entrance. The rent per mo. will greatly reduce monthly debt service of owner, if needed. Total square footage for both is 3775 SQFT of versatile living (if 5 BD, 5 BA, residence is needed) on a 6127 SQFT lot. Major attic serving larger front home. High ceilings, oversized rooms, refinished hardwood floors and carpets, walk-in closets, new paint, new landscaping, and abundant natural light make this property stand out!
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades K-5 • 0.5 mi
Grades K-5 • 0.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 3.0 |
| Baths | 5.0 | 2.0 |
| Square foot | 3,778 | 1,556.5 |
| Lot Size | 6,129 | 5,910 |
| Price | $2.35M | $1.02M |
| Price per sq ft | $622 | $721 |
| Built year | 1980 | 1949 |
| HOA | $0 | $240 |
| Days on market | 39 | 46 |
Jul 16, 2026
$2,350,000
$2,450,000
-4% Price Drop
Initial Listing
Jun 16, 2026
$2,450,000
Initial Listing
Jun 13, 2026
$2,449,000
Initial Listing