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Sold on 10/10/2025
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116 Bennett Ave, Long Beach, CA 90803

$2,300,000

Last sold 10/10/2025

  • 8

    bed

  • 5

    bath

  • 4,113

    Sqft ($559/Sqft)

Multi-family not for sale
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About 116 Bennett Ave

Property type Multi-family
Neighborhood
Year built 1928
HOA fee $0/month
Lot size 4,732 Sqft
Movoto estimate
Parking 4 garage spaces
Property description
This 8-bedroom, 5-bathroom multi-family property is located at 116 Bennett Ave, Long Beach, CA, 90803, in the Belmont Shore neighborhood in Los Angeles County and was built in 1928. The property offers 4,113 square feet of living space on a 4,732 sq ft (0.1086-acre) lot. It is served by in street sewer. Parking includes a 4-car garage. The estimated market value is $2,209,000, approximately $537 per square foot.
Overview
Levels/Style Two
MLS # 24-383147
Type Residential Income
Status Active
SqFt 4113
Lot Size (SqFt) 4732
Lot Size (Acres) 0.1086
Year Built 1928
Condition Updated/Remodeled
Interior
Total # of Baths 5
Total # of Bedrooms 8
Kitchen Granite Counters
Laundry Own
Flooring Hardwood
Fireplace Desc None
Appliances Gas/Electric Range, Oven-Gas
Interior Features Drywall Walls
Exterior
# Garage Spaces 4
# Parking Spaces 4
Parking Desc Garage Is Attached
Patio Balcony, Deck(s)
Add'l Structures None, Balcony
Lot Location Beach Access
Amenities / Utilities
Water District
Sewer/ Septic In Street
Water Heater Gas
Equipment Dishwasher, Dryer, Washer, Range/Oven
Pool None
Location
County Los Angeles
Zoning LBR4R
APN 7256-027-006
Multifamily Details
Tenant Pays Gas, Electricity, Trash Collection, Hot Water
Unit 3: Furnished No
Unit 1: Furnished No
Unit 4: Furnished No
Unit 3: Projected Rent 3395
Unit 1: Projected Rent 3260
Unit 1: # Beds 2
Unit 4: # Beds 2
Unit 1: Rent 3260
Unit 2: Rent 3495
Unit 3: Rent 3395
Unit 4: Rent 3395
Unit 2: Furnished No
Unit 2: Projected Rent 3495
Unit 4: Projected Rent 3395
Unit 3: # Beds 2
Unit 2: # Beds 2
Unit 2: # Baths 1.5
Unit 3: # Baths 1
Unit 1: # Baths 1.5
Unit 4: # Baths 1
Unit 4: Actual Rent 3395
Unit 2: Actual Rent 3495
Unit 3: Actual Rent 3395
Unit Type 2106, 2107, 2108, 2109
Unit 1: Actual Rent 3260
Total # Of Buildings 1
Net Operating Income 105392
Annual Rent 163824
Cap Rate 4.22
Vacancy Amount (%) 3
Gross Income 163824
Gross Operating Income 158909
Gross Rent Multiplier 15.26
Total Annual Expenses 53518
$2.2M
Range: $1.78M-$2.62M
Last 30 days 
  • Oct 2025
    Public Records
  • Oct 10, 2025 Sold
    $2,300,000 (-8.0%)
  • Jul 2024
  • Jul 17, 2024 Delisted
    $2,500,000
  • Apr 23, 2024 Listed
    $2,500,000 (+104.1%)
  • Mar 2014
    Public Records
  • Mar 18, 2014 Sold
    $1,225,012
  • Year Property taxes Tax assessment
  • 2024
    $19,191 +1.7%
    $1,472,228
  • 2023
    $18,871 +6.5%
    $1,472,228 +2.0%
  • 2022
    $17,712 +2.0%
    $1,443,362 +4.04%
  • 2021
    $17,356 +0.3%
    $1,387,316
  • 2020
    $17,311 +4.0%
    $1,387,316 +3.06%
  • 2018
    $16,643 +1.1%
    $1,346,169 +4.04%
  • 2017
    $16,468 +7.6%
    $1,293,898 +2.0%
  • 2016
    $15,302 +4.2%
    $1,268,529
  • 2015
    $14,684
    —
  • 116 Bennett Ave
    $2.3M
  • Belmont Shore
    $1.2M -20% y/y
  • 90803
    $1.24M -3% y/y
  • Long Beach
    $699K 0% y/y
No chart available
Statistics calculated by Movoto

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8/10
Lowell Elementary School
public Grades K-5
Long Beach Unified School District
7/10
Rogers Middle School
public Grades 6-8
Long Beach Unified School District
6/10
Wilson High School
public Grades 9-12
Long Beach Unified School District
Source: GreatSchools.org © 2026. All rights reserved.

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