236 Belmont, Long Beach, California 90803, Long Beach, 90803 - 5 bed, 5 bath
Loading property details...
236 Belmont
Long Beach, California 90803
ACTIVE
CONDITION: FAIR
5Beds
5Baths
3,778Sq Ft
6,129Lot Size
Property Price
LIST PRICE$2,225,000
EST. MARKET VALUE
$2,222,997
SUMMARY
This Versatile Multi-Unit Residence represents a High-Potential Investment Opportunity, listed at $2,350,000—positioned well above the $2,042,720 Fair Market Value. While the current list price exceeds the estimated value, the property offers significant utility through its 3,778 SQFT layout, including a permitted 1,000 SQFT 2BD/2BA rear unit and a 4-car garage. With a Condition Rating of 4, the home provides a solid foundation for modernization. Located in the Long Beach Unified district near Lowell Elementary (9/10), this is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking rental income.
Estimated Market Value
$2,222,997
Based on Realkey algorithm analyzing recent comparable sales in Long Beach.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 236 Belmont Subject | $2,225,000* List Price | 5 | 5 | 3,778 | $588 | - |
A 116 Termino Active Under Contract | $2,299,000 List Price | 4 | 5 | 3,770 | $610 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1980, the property has received recent cosmetic refreshments including new paint and refinished hardwood floors. However, the kitchen cabinetry and overall aesthetic remain dated (likely 20+ years old), and while functional and move-in ready, the home requires modernization of primary systems and surfaces to meet current standards.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: Lowell Elementary School (9/10).
- Income Potential & Versatility
The property features a permitted 1,000 SQFT 2BD/2BA rear unit with a separate entrance and rooftop deck, offering significant rental income potential to offset the mortgage or accommodate multi-generational living.
- Rare Parking Capacity
Equipped with a 4-car garage, this residence provides an exceptional amount of parking and storage, which is a highly coveted and rare luxury in the Belmont Heights and Belmont Shore neighborhoods.
CONSRISKS & DEFICIENCIES
- Market Stagnation
With 48 days on the market and a recent $100,000 price reduction, the property has faced initial challenges in securing a buyer, potentially indicating a misalignment between the initial asking price and current market demand.
- 1980s Architectural Style
Built in 1980, the home may lack the historic character of early 20th-century Belmont Heights architecture or the ultra-modern open-concept design sought by some luxury buyers in this price point.
About 236 Belmont
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!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1980
- Lot Size
- 6,129 Sq. Ft.
Interior
- Total Bedrooms
- 5
- Total Bathrooms
- 5 (5 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Long Beach Unified Schools
Fremont Elementary School
Grades K-5 • 0.5 mi
9/10
Mann Elementary School
Grades K-5 • 0.5 mi
7/10
Lowell Elementary School
Grades K-5 • 0.7 mi
9/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 3.0 |
| Baths | 5.0 | 2.0 |
| Square foot | 3,778 | 1,519.995 |
| Lot Size | 6,129 | 5,807.524 |
| Price | $2.23M | $1.03M |
| Price per sq ft | $589 | $728 |
| Built year | 1980 | 1948 |
| HOA | $0 | $259 |
| Days on market | 88 | 48 |
Pricing History
Listed for Sale
Aug 27, 2026
$2,225,000
$2,274,000
-2% Price Drop
Initial Listing
Price Change
Aug 12, 2026
$2,274,000
$2,350,000
-3% Price Drop
Initial Listing
Price Change
Jul 16, 2026
$2,350,000
$2,450,000
-4% Price Drop
Initial Listing
Price Change
Jun 16, 2026
$2,450,000
Initial Listing
Price Change
Jun 13, 2026
$2,449,000
Initial Listing