Home | Los Angeles County | Long Beach | 90803 | 246 Newport
MLS: CRPW26093414 | Status: Active | Price: $1,655,000
Beds/Baths: 2 / 1
Property Type: Residential
| Beds | Bath | Sq Ft | Sq Ft Lot | Yr Built |
|---|---|---|---|---|
| 2 | 1 | 1,000 | 6,788 | 1922 |
Excellent opportunity for a new owner to occupy a charming two-bedroom/one-bath Craftsman home and utilize the rental income from three apartment units to offset the mortgage. Marcus & Millichap is pleased to present 246 Newport Avenue, a charming four-unit investment opportunity in Long Beach’s highly desirable Belmont Heights neighborhood, which is known for its tree-lined streets, Craftsman architecture, and strong tenant appeal. The property features a two-bedroom/one-bath single-family home, a duplex containing one studio and one one-bedroom unit with an office, and a studio above a two-car garage. Tenants also enjoy a shared backyard. 246 Newport Avenue boasts an exceptional rental location just four blocks from Bluff Park and the beach, walkability to popular restaurants along Broadway, and less than one mile from the vibrant dining, retail and entertainment corridor on Second Street. Its proximity to California State University, Long Beach, recreation, freeway access, and employers support consistent rental demand. The property has been professionally managed and provides stable in-place cash flow with potential upside. The two-bedroom home presents an ideal opportunity for a new owner to occupy the home and utilize rental income of the apartment units to offset
| Field | Value |
|---|---|
| MLS # | CRPW26093414 |
| MLS Source | California Regional MLS |
| Days on Site | 12 |
| Feature | Details |
|---|---|
| Bedrooms | Ground Floor Bedroom |
| Fireplace | None |
| Laundry | None |
| Cooling | None |
| Feature | Details |
|---|---|
| Pool | None |
| Feature | Details |
|---|---|
| Garage/Parking | Garage: 2 Car(s) |
| Elementary District | Long Beach Unified |
| High School District | Long Beach Unified |
| HOA Fee | $0 |
Steven Bogoyevac
Steven M. Bogoyevac, Broker
License #: 01332755
Phone: (562) 257-1231
School data provided by GreatSchools.org
| School | Type | Grades | Distance | Rating |
|---|---|---|---|---|
| Mann Elementary School | public | K-5 | 0.17 mi | 7 |
| Fremont Elementary School | public | K-5 | 0.52 mi | 8 |
| Jefferson Leadership Academies School | public | 6-8 | 0.71 mi | 7 |
| Burbank Elementary School | public | K-5 | 0.93 mi | 7 |
| Wilson High School | public | 9-12 | 0.98 mi | 6 |
| Willard Elementary School | public | K-5 | 0.98 mi | 3 |
| Lowell Elementary School | public | K-5 | 1.08 mi | 7 |
| Rogers Middle School | public | 6-8 | 1.12 mi | 8 |
| Bryant Elementary School | public | K-5 | 1.28 mi | 6 |
| Naples Elementary School | public | K-5 | 1.54 mi | 8 |
| Lee Elementary School | public | K-5 | 1.56 mi | 6 |
| Franklin Classical Middle School | public | 6-8 | 1.63 mi | 4 |
| Lincoln Elementary School | public | K-5 | 1.83 mi | 7 |
| Stevenson Elementary School | public | K-5 | 1.97 mi | 5 |
| Whittier Elementary School | public | K-5 | 2.02 mi | 5 |
| Richard D. Browning High | public | 9-12 | 2.12 mi | 5 |
| Jessie Nelson Academy | public | 6-8 | 2.14 mi | 3 |
| Robinson Academy | public | K-8 | 2.32 mi | 5 |
| Alvarado Elementary School | public | K-5 | 2.32 mi | 9 |
| Polytechnic High School | public | 9-12 | 2.36 mi | 7 |
| Address | Price | Beds | Baths | Sq Ft | Status |
|---|---|---|---|---|---|
| 200 Termino Ave | $1,790,000 | 4 | 2 | 1,909 | Active |
| 6068 Avenida De Castillo | $1,488,888 | 3 | 2/1 | 2,649 | Active |
| 179 Pomona | $1,879,000 | 3 | 3/1 | 2,433 | Active |
| 2212 Sea Ridge | $1,799,000 | 4 | 4 | 2,976 | Active |
| 24 via Di Roma Walk | $1,945,000 | 3 | 2/1 | 1,786 | Active |
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This listing information is up-to-date as of May 01, 2026. For the most current information, please contact Steven Bogoyevac, (562) 257-1231.