Investor Opportunity in Belmont Shore – Prime 6-Unit Property with Major Upside. Introducing 227 Pomona Ave, a rare 6-unit asset perfectly positioned on a sought-after street in the heart of Belmont Shore. The property features an efficient mix of (5) one-bedroom, one-bath units and (1) studio, all currently rented well below market—offering immediate value-add potential through renovation and rent increases. Additional income is generated via a shared coin-operated laundry room, with room to boost returns further. This is a classic reposition play in one of Long Beach’s most desirable rental markets, just blocks from 2nd Street’s top-rated dining, boutique shops, and beachside amenities. With strong tenant demand, walkability, and future appreciation baked in, 227 Pomona is a smart addition to any portfolio—ideal for investors looking to renovate and fully maximize for long-term gains.
Sold for $1,600,000
Listed by: Beach Team • Steve Nader • Contact: 562-509-5189
Bought with: Coldwell Banker Realty
$1,600,000
227 Pomona Ave, Long Beach, CA 90803
5beds
6baths
3,276sqft
Mixed Use
Built in 1947
-- sqft lot
$1,587,300 Zestimate®
$488/sqft
$4,410 Estimated rent
Home value
$1,587,300
$1.43M - $1.76M
$4,410/mo
Zestimate® history
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$10,155/mo
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Sought-after street
Zillow last checked:
Listing updated:
Listed by:
Steve Nader DRE #01982651 562-673-7831,
Beach Team
Bought with:
Mollie Beck, DRE #01349384
Coldwell Banker Realty
Source: CRMLS,MLS#: PW25087330
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 6
Appliances
- Laundry: Common Area
Features
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: 2+ Common Walls
Interior area
- Total structure area: 3,276
- Total interior livable area: 3,276 sqft
Property
Parking
- Parking features: See Remarks
Features
- Levels: Two
- Stories: 2
- Entry location: 1
- Pool features: None
- Spa features: None
- Has view: Yes
- View description: Neighborhood
Lot
- Size: 3,276 Square Feet
- Features: Front Yard
Details
- Parcel number: 7249020020
- Zoning: LBR2S
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Mixed Use
- Attached to another structure: Yes
Condition
- New construction: No
- Year built: 1947
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Urban
- Subdivision: Belmont Shore (Bsd)
Location
- Region: Long Beach
Financial & listing details
- Price per square foot: $488/sqft
- Date on market: 4/23/2025
- Cumulative days on market: 27 days
- Listing terms: Cash,Cash to New Loan,1031 Exchange
Price history
| Date | Event | Price |
|---|---|---|
| 6/26/2025 | Sold | $1,600,000-13.5%$488/sqft |
Source:  CRMLS #PW25087330 Report a problem | ||
| 5/22/2025 | Pending sale | $1,850,000$565/sqft |
Source: CRMLS #PW25087330 Report a problem | ||
| 4/23/2025 | Listed for sale | $1,850,000$565/sqft |
Source: CRMLS #PW25087330 Report a problem | ||
| 10/28/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 8/28/2023 | Listed for rent | $1,795+12.5%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 6/17/2021 | Listing removed | -- |
Source: Zillow Rental Manager Report a problem | ||
| 5/21/2021 | Listed for rent | $1,595 |
Source: Zillow Rental Manager Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: Belmont Shore
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Nearby schools
GreatSchools rating
- 7/10Lowell Elementary SchoolGrades: K-5Distance: 0.3 mi
- 8/10Rogers Middle SchoolGrades: 6-8Distance: 0.4 mi
- 6/10Wilson High SchoolGrades: 9-12Distance: 1.3 mi
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Estimated market value
$1,587,300
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$1,587,300
- California
- Los Angeles County
- Long Beach
- 90803
- Belmont Shore
- 227 Pomona Ave
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