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Investment Highlights

  • Belmont Shore location between the Beach & 2nd Street
  • Easy access to 405, 605 & 22 freeways
  • Walk to Bay, Beach or 2nd Street entertainment & shopping

Executive Summary

Great Belmont Shore location below 2nd Street, 1.5 blocks to the Ocean. Sale is not subject to Seller's 1031.

Financial Summary (Actual - 2026) Click Here to Access

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income $99,999 $9.99
Other Income $99,999 $9.99
Vacancy Loss $99,999 $9.99
Effective Gross Income $99,999 $9.99
Taxes - -
Operating Expenses - -
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Actual - 2026) Click Here to Access

Gross Rental Income (CAD)
Annual $99,999
Annual Per SF $9.99
Other Income (CAD)
Annual $99,999
Annual Per SF $9.99
Vacancy Loss (CAD)
Annual $99,999
Annual Per SF $9.99
Effective Gross Income (CAD)
Annual $99,999
Annual Per SF $9.99
Taxes (CAD)
Annual -
Annual Per SF -
Operating Expenses (CAD)
Annual -
Annual Per SF -
Total Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Net Operating Income (CAD)
Annual $99,999
Annual Per SF $9.99

Property Facts

Price $2,665,845 CAD
Price Per Unit $533,169 CAD
Sale Type Investment
Cap Rate 4%
Gross Rent Multiplier 15.95
No. Units 5
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.07 AC
Building Size 2,966 SF
Average Occupancy 100%
No. Stories 2
Year Built 1956
Parking Ratio 1.01/1,000 SF
Zoning LBR2S - Residential

Amenities

Unit Amenities

  • Kitchen

Site Amenities

  • 24 Hour Access

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
Studios 2 $2,150 CAD -
1+1 2 $2,953 CAD -
2+1 1 $3,213 CAD -
Very walkable
80/100
Moderately drivable
60/100
Some public transit
40/100
Very bikeable
80/100

Property Taxes

Property Taxes

Parcel Number
7247-002-016
Land Assessment
$447,884 CAD (2025)
Improvements Assessment
$366,185 CAD (2025)
Total Assessment
$814,068 CAD (2025)
  • Listing ID: 39662594

  • Date on Market: 2026-03-04

  • Last Updated:

  • Address: 150 Saint Joseph Ave, Long Beach, CA 90803

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