Keegan Cin | Realtor® | License # DRE 01971604

Property

Long Beach, CA 90803 3817 E Livingston Drive

3817 E Livingston Drive Long Beach, CA - Image 13817 E Livingston Drive Long Beach, CA - Image 23817 E Livingston Drive Long Beach, CA - Image 3
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3817 E Livingston Drive Long Beach, CA - Image 43817 E Livingston Drive Long Beach, CA - Image 53817 E Livingston Drive Long Beach, CA - Image 63817 E Livingston Drive Long Beach, CA - Image 73817 E Livingston Drive Long Beach, CA - Image 83817 E Livingston Drive Long Beach, CA - Image 93817 E Livingston Drive Long Beach, CA - Image 103817 E Livingston Drive Long Beach, CA - Image 11
Presented By: Tyler Leeson with Marcus & Millichap RE Invest; tleeson@marcusmillichap.com
  • MLS# OC25071905
  • 04/02/2025
  • Request Tour
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  • Beds • 5
  • Baths • 3
  • SQFT • 6,310
  • Garage • 4
  • Year Built • 1923

Home Details

SeaGlass Apartments is a rare 12-unit multifamily investment property located in the unparalleled Belmont Heights neighborhood of Long Beach, CA. Renovated in 2016, SeaGlass Apartments offers a diverse mix of studio, one, and two-bedroom bungalow style floor plans as well as amenities including a secured entry way, garage parking spaces, an on-site laundry facility, and ocean views from select units. Ownership has completed modern updates to both the interior and exterior of the property including plumbing, electrical, and windows as well as renovated the interiors to feature premium finishes. SeaGlass Apartments boasts an impressive Walk Score of 86, being steps away from Belmont Veterans Memorial Pier, a Vons grocery store, Belmont Shore’s 2nd Street, Long Beach City Beach, & the Bluff Park Walk. Residents enjoy the property’s idyllic location within walking distance of an abundance of retail, dining, and entertainment options at Belmont Shore’s 2nd Street. SeaGlass Apartments is just over 0.25 miles from Belmont Plaza Pool, a major venue for the 2028 Olympic and Paralympic Games. Furthermore, residents enjoy SeaGlass Apartments’ close proximity to Pacific Coast Highway, providing easy access to neighboring coastal cities and employment hubs. The property’s ideal Belmont Heights location surrounded by an abundance of recreational, entertainment, and retail amenities is a primary draw for potential renters. This overall demand for well-located rental units will be a key driver in the continued growth and success at SeaGlass Apartments.
Presented By: Tyler Leeson with Marcus & Millichap RE Invest; tleeson@marcusmillichap.com

Interior Features for 3817 E Livingston Drive

Other Interior Features

Air Conditioning Y/NNo
Basement (Y/N)No
Common WallsNoCommonWalls
Fireplace Y/NNo
Heating Y/NNo
Laundry FeaturesCommonArea
Total Stories2

Other Rooms

Entry Level1

General for 3817 E Livingston Drive

Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Cap Rate4.37
Carport Y/NNo
CityLong Beach
Community FeaturesCurbs, Gutters, Sidewalks
CountyLos Angeles
DirectionsCross Streets of East Livingston Drive & East Ocean Boulevard
Electric Expense1704.0
Electric On Property Y/NNo
Entry LocationFirst level
Fuel Expense1704.0
Garage Spaces4.0
Garage Y/NYes
Gross Income281127.0
HOANo
HOA Fee$0.0
Home Warranty Y/NNo
Insurance Expense8400.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Listing TermsCash, CashToNewLoan, Conventional, Exchange1031
Lot Size Square Feet7840.8
Lot Size UnitsAcres
MLS Area2 - Belmont Heights, Alamitos Heights
MaintenanceExpense8400.0
MobileHomeRemainsYNNo
Net Operating Income178845.0
New ConstructionNo
Number Of Units Total12
Operating Expense94069.0
Pool FeaturesNone
Property Attached Y/NNo
Property Sub Type AdditionalApartment
Property SubtypeApartment
Property TypeResidentialIncome
Rent Control Y/NNo
Senior Community Y/NNo
SewerPublicSewer
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories2
Subdivision NameBelmont Heights (BH)
Tax Lot8
Taxes$50,787
Trash Expense1704.0
Water Sewer Expense1704.0
Waterfront Y/NNo
Year Built1923
Year Built SourceAssessor
ZoningLBR4R

Exterior for 3817 E Livingston Drive

Building Area Total6310.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesStreetLevel
Lot Size Acres0.18
Lot Size Area0.18
Lot Size SourceAssessor
Number of Buildings1
Number of Separate Electric Meters12
Number of Separate Gas Meters1
Number of Separate Water Meters1
Open Parking Y/NNo
Private PoolNo
SpaNo
Total Parking4.0
Water SourcePublic

Additional Details

Price History

Keegan Cin

Team Lead
Price $4,095,000
MLS#OC25071905
List Date 04/02/2025
Property Type Multi-Family
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