927 Belmont Avenue, Long Beach, CA 90804
Property
Sold October 2026
Listing Agent: Tyler Leeson (DRE #01451551) · Listing Office: Marcus & Millichap RE Invest · Contact: tleeson@marcusmillichap.com · Bought with: Jignesh (Jack) Patel · Sage Real Estate Group Inc · MLS #OC26146571 · Source: CRMLS
How this sale compares
927 Belmont Avenue sold for $1,850,000 in October 2026, 7.5% under its $2,000,000 list price, after 15 days on the market. Across 110 closed sales in 90804 over the last 12 months, the median sold price is $840,000 and the median is $571 per square foot.
| Quarter | Closed sales in 90804 | Median sold price |
|---|---|---|
| Q1 2026 | 11 | $830,000 |
| Q2 2026 | 47 | $865,000 |
| Q3 2026 | 49 | $790,000 |
| Q4 2026 | 3 | $1,850,000 |
Figures are MLS-reported closed sales (CRMLS); ZIP medians cover the last 12 months. Nalren does not estimate values. Recently sold in Long Beach · Homes for sale in 90804
Description
927 Belmont Avenue is a 7-unit multifamily property located in the desirable Eastside neighborhood of Long Beach, California. Built in 1947, 927 Belmont Avenue totals approximately 5,261 net rentable square feet and features a unit mix of 3 one-bed/one-bath units and 4 two-bed/one-bath units. The property has been well maintained by current ownership and benefits from functional property amenities including 4 single-car garages, 1 surface parking space, security/screen doors, and on-site laundry. The garages and laundry provide the property with ancillary income opportunities beyond base apartment rent, while the balanced unit mix appeals to a broad renter pool seeking well-located housing in East Long Beach. Through consistent annual rent increases, current ownership has maintained in-place rents near market levels, allowing the property to offer an attractive 5.59% cap rate on current income. Additional upside remains available through selective interior renovations as units naturally turn, giving a new owner the ability to further enhance finishes without relying on an aggressive repositioning strategy. The property’s location further supports long-term rental demand, with walkable access to Jefferson Leadership Academy, Woodrow Wilson High School, and Recreation Park. Its Eastside Long Beach setting also places residents near daily-needs retail along Anaheim Street, the Long Beach Traffic Circle, California State University, Long Beach, and Belmont Shore’s 2nd Street corridor.
Listing description from the October 2026 sale, as reported to CRMLS.
Sale history
Recent sales near 927 Belmont Avenue
924 Termino Avenue: Sold $2,100,000 · Oct 2026 · 0.0 mi
Morgan Skenderian | DRE #01273871
Buyer's agent: Cody Charnell, Sage Real Estate Group, Inc. | DRE #019505851062 Termino Avenue: Sold $960,000 · Sep 2026 · 0.1 mi
Marcus & Millichap RE Invest | DRE #01451551
Buyer's agent: Mani Dilmaghanian, Rise Realty | DRE #020640184231 E 8th: Sold $915,000 · 2 bd · 1 ba · 1,040 sqft · Jul 2026 · 0.1 mi
Keller Williams Coastal Prop. | DRE #01396646
Buyer's agent: Ellen Henry, Compass | DRE #020009344027 E 11th: Sold $1,250,000 · Sep 2026 · 0.2 mi
Y Realty | DRE #01955460
Buyer's agent: Andrew Aro, Real Brokerage Technologies, Inc. | DRE #020441451052 Ximeno: Sold $995,000 · Aug 2026 · 0.2 mi
Sage Real Estate Group, Inc. | DRE #01417642
Buyer's agent: Hyang Im Yoon, Kerry Yoon, Broker | DRE #022099771061 Park Avenue: Sold $430,000 · 1 bd · 1 ba · 782 sqft · Aug 2026 · 0.3 mi
Coldwell Banker Diamond | DRE #01262942
Buyer's agent: Austin Criss, RE/MAX Tiffany Real Estate | DRE #021280571225 Bennett Avenue: Sold $4,730,000 · Jun 2026 · 0.3 mi
Lyon Stahl Investment Real Est | DRE #01399621
Buyer's agent: Sasha Savar, Lyon Stahl Investment Real Estate, Inc. | DRE #022682451030 Loma Avenue 107: Sold $479,000 · 2 bd · 2 ba · 948 sqft · Jul 2026 · 0.3 mi
Gasper-Monteer Realty Group | DRE #01927606
Buyer's agent: Matthew Ponce, Coldwell Banker Envision | DRE #01367834
Closed sales reported in 90804, nearest first, last 12 months. All recent sales in Long Beach →