237 Covina Long Beach, CA $ 1,799,000
237 Covina
$ 1,799,000
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237 Covina

Long Beach, CA, 90803
$ 1,799,000
Baths1.1 Sq 2,004

Monthly Estimate*

$ 11,077

Listed by First Team Real Estate
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Studio

Multi-Family Home for sale in Long Beach, CA

for $1,799,000 with 1 full bath, 1 half bath. This 2,004 square foot home was built in 1929 on a lot size of 0.0572.

This fully remodeled Spanish-style duplex presents a rare opportunity to acquire a high-performing, turnkey investment property in the heart of Belmont Shore. Both units are currently tenant occupied and generating strong, up-to-date rental income, offering immediate cash flow in one of Long Beach’s most sought-after coastal neighborhoods. Each unit features an identical and highly desirable floor plan with 2 bedrooms and 1.5 baths, updated kitchens and baths, formal dining rooms, kitchen nooks, inside stackable laundry, central air and heat, excellent storage, and abundant natural light. Extensive renovations throughout reduce the need for near-term repairs and upgrades, providing peace of mind for the next owner. The upstairs unit offers additional rental appeal with French doors leading to a large private rooftop deck, while the downstairs unit features a spacious private patio and a rear area providing direct access to the shared two-car garage—amenities that support strong tenant demand and long-term rent stability. Located in a prime Belmont Shore setting near shops, dining, and the beach, this duplex benefits from consistent tenant demand and proven rental performance. A rare opportunity to secure a stabilized asset with modern upgrades, attractive unit layouts, and excellent income potential in a premier coastal location.

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Multi-Family Active

Price

$ 1,799,000

Bedrooms

Studio

Full Bath

1

Half Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.0572

Year Built

1929

Town/City

Long Beach

County/Region

Los Angeles

MLS | Web ID

PW26007314

Days on Market

8

Features
General
Sewer Public Sewer
Heating Central
Cooling Central Air
Appliances Dishwasher
HOA Fee 0
Garage Spaces 2
Architectural Style Spanish
Pool Features None
Year Built 1929
View Neighborhood
Stories Count 2
Levels Two
Property Subtype Duplex
Gross Income 84000
Community Features Street Lights Sidewalks
County Los Angeles
Net Operating Income 78461
Operating Expense 5539
Insurance Expense 2539
New Construction false
Property Type Residential Income
HOA false
Subdivision Name Belmont Shore (BSD)
Garage Y/N true
Special Listing Conditions Standard
Status Active
Directions Between E. The Toledo & 2nd St
City Long Beach
Entry Location Front
Senior Community Y/N false
Number Of Units Total 2
MLS Area 1 - Belmont Shore/Park Naples Marina Pac Bay Hrbr
Lot Size Units Square Feet
Lot Size Square Feet 2490
Number of Units Leased 2
Listing Terms Cash Cash to New Loan Conventional
Spa Features None
Property Attached Y/N false
Land Lease Y/N false
Property Condition Turnkey
Trash Expense 300
Water Sewer Expense 1200
Additional Parcels Y/N false
Rent Control Y/N false
Building Area Units Square Feet
Standard Status Active
Year Built Source Assessor
Tax Lot 29
Property Sub Type Additional Duplex
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Interior
Interior Amenities Built-in Features Balcony
Flooring Tile Wood
Fireplace Features Decorative
Total Stories 2
Common Walls No Common Walls
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N true
Laundry Features Inside Laundry Room Stacked
Entry Level 1
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Exterior
Parking Features Garage On Street
Lot Features Back Yard Front Yard
Water Source Public
Total Parking 2
Lot Size Area 2490
Number of Buildings 1
Spa false
Building Area Total 2004
Lot Size Acres 0.0572
Road Surface Type Paved
Private Pool false
Lot Size Source Public Records
Door Features French Doors
Number of Separate Water Meters 1
Number of Separate Gas Meters 2
Number of Separate Electric Meters 2
Road Frontage Type City Street
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* Excluded Features
List By
First Team Real Estate

Broker

kimrobinson@firstteam.com

Email

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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
1/15/2026$1,799,000 Listed Price

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237 Covina, Long Beach, CA, 90803 is a Multi-Family Home for sale at $1,799,000 with 2,004 sqft and a lot size of 0.0572. 237 Covina is a studio with 1.1 baths and was built in 1929. The property's zip code is 90803 which is in Long Beach, CA