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  • 246 Newport

246 Newport, Long Beach, CA 90803

$1,655,000 Approx. USD 2 beds, 1 baths
1,000 sqft
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Photo of Scott Waid

Scott Waid REALTOR® - Sales Associate 858-945-4004 m
858-683-8071 o
Lic#: 01338684
NRDS ID: 196519114
Swaid3@san.rr.com Text Me
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Lic#: 01338684
NRDS ID: 196519114
Swaid3@san.rr.com Rancho Bernardo Office
16969 Bernardo Center Drive, Suite 100
San Diego, CA 92128
Phone: 858-487-3520
Fax: 858-451-0932
 Rancho Bernardo 16969 Bernardo Center Drive, Suite 100
San Diego, CA 92128
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Fax: 858-451-0932
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Listing Agent


Steven Bogoyevac | steve.bogoyevac@marcusmillichap.com
Lic#: 01332755
Broker: Courtesy of Steven M. Bogoyevac, Broker
Phone: 562-257-1231

Agent Remarks

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 mortgage costs.

Listing Details

Property type: Single Family Residence (Single Family)
Status: Active
MLS# PW26093414
Price: $1,655,000
HOA Fee is $0.00
Beds: 2
Baths: 1 (1 full)
None fireplaces
Built in 1922
1,000 sqft
1 story
0.16 acres
Lot size: 0.1558
Subdivision: Belmont Heights (BH)
County: Los Angeles
Interior features: All Bedrooms Down
Lot description: Rectangular Lot
Heating/cooling: None
MLS area: 2 - Belmont Heights, Alamitos Heights

Last Updated: 5/1/2026

 Days On Market (DOM): 51

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This listing belongs to the 2 - Belmont Heights, Alamitos Heights MLS area

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Lat/Long: 33.765917, -118.150999.
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Source: CRM. Also Available in PW26090530,

DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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Photo of Scott Waid

Scott Waid REALTOR® - Sales Associate 858-945-4004 m
858-683-8071 o
Lic#: 01338684
NRDS ID: 196519114
Swaid3@san.rr.com Text Me
Call My Cell
Call My Office
Lic#: 01338684
NRDS ID: 196519114
Swaid3@san.rr.com
Rancho Bernardo Office
16969 Bernardo Center Drive, Suite 100
San Diego, CA 92128
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