60 Bennett Avenue, Long Beach, California 90803, Long Beach, 90803 - 0 bed, 0 bath
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Long Beach, California 90803
This Triplex Residential Income property represents a Strong Value Opportunity, listed at $1,648,000—positioned well below the $1,744,478 Fair Market Value by 5%. This valuation gap offers $96,478 in Instant Equity. Featuring an impeccable Condition Rating with modern kitchens and six total parking spaces, this asset is move-in ready. Located in a prime coastal neighborhood near top-rated schools like Naples Elementary, it is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a high-demand rental property.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 60 Bennett Avenue Subject | $1,648,000* List Price | 0 | 0 | 2,176 | $802 | - |
A 75 Claremont Sold | $1,880,000 | 4 | 4 | 2,237 | $840 | 0.7 mi |
B 237 Covina Sold | $1,750,000 | 4 | 4 | 2,004 | $873 | 0.6 mi |
C 237 Covina Sold | $1,750,000 | 0 | 0 | 2,004 | $873 | 0.6 mi |
D 66 Pomona Ave Sold | $1,675,000 | 0 | 0 | 2,200 | $761 | 0.6 mi |
E 75 Claremont Sold | $1,880,000 | 0 | 0 | 2,300 | $817 | 0.7 mi |
F 118 Roycroft Avenue Sold | $1,610,000 | 0 | 0 | 2,722 | $591 | 0.2 mi |
G 118 Roycroft Avenue Sold | $1,610,000 | 5 | 3 | 2,722 | $591 | 0.2 mi |
H 243 Ximeno Avenue Sold | $1,362,000 | 0 | 0 | 1,772 | $769 | 0.4 mi |
I 74 Argonne Active | $1,695,000 List Price | 4 | 4 | 2,284 | $742 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While the structure dates to 1975, the property has undergone an impeccable recent remodel. All three units feature modern kitchens with quartz countertops and stainless steel appliances, newer flooring throughout, and updated fixtures. The interior and exterior appear in mint, move-in ready condition with no visible deferred maintenance.
Elementary School: Naples Elementary School (10/10).
Situated just one block from the beach in the highly desirable Belmont Shore neighborhood, this property offers residents immediate access to coastal activities and high-end dining, ensuring strong rental demand.
Rare for this high-density area, the property features three single-car garages plus three additional driveway spaces, providing a total of six parking spots for three units, which is a significant competitive advantage.
With two of the three units being one-bedroom layouts, the property may have a lower income ceiling and higher turnover rate compared to buildings with larger multi-bedroom family units.
The reliance on a shared community laundry facility rather than private in-unit hookups may be a drawback for high-end tenants seeking maximum convenience and privacy.
Discover coastal living at its finest in the vibrant Belmont Shore neighborhood of Long Beach! Just one short block from the beach, this beautifully maintained property is comprised of three impeccably remodeled units, each featuring remodeled kitchens with stylish cabinets, quartz countertops, and stainless steel appliances. The interiors boast newer flooring throughout, enhancing the modern elegance of each space.There are two one bedroom and one bath units in the front, while the third spacious two-bedroom, one-bath unit sits above the garages In back. Each unit benefits from its own patio area, perfect for enjoying the outdoors. Residents will also appreciate the convenience of a shared community laundry facility.One of the standout benefits of this property is the parking arrangement, offering three single-car garages with an additional driveway space in front of each garage for convenient parking for all residents. The building has been thoughtfully maintained over the years, ensuring a bright and inviting atmosphere with an abundance of windows and natural light.In addition to fine restaurants and cafes, the area offers an array of coastal activities to enjoy. Whether it's surfing the waves, fishing off the pier, biking along scenic paths, or simply taking a leisurely walk along the beach, Belmont Shore provides an idyllic setting for an active lifestyle.
No exterior & parking available.
Grades K-5 • 0.7 mi
Grades K-5 • 1.0 mi
Grades 6-8 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 4.0 |
| Baths | 0.0 | 3.0 |
| Square foot | 2,176 | 2,100 |
| Lot Size | 3,143 | 5,077.5 |
| Price | $1.65M | $1.14M |
| Price per sq ft | $757 | $519 |
| Built year | 1975 | 1950 |
| HOA | $0 | $0 |
| Days on market | 30 | 68 |
Jun 22, 2026
$1,648,000
Initial Listing
Jul 9, 2014
$1,175,000
Public Record