$1,425,000
●
House -
Off Market
661 Grand Avenue
Long Beach, CA 90814
4 Beds
3 Baths
1,972 Ft²
$6,870
Est. Monthly
About This Property
Welcome to 661 Grand Avenue, a rare offering in the heart of
Belmont Heights. This property stands out with its fully permitted
Accessory Dwelling Unit (ADU)-a unique feature in this sought-after
neighborhood. Whether you're seeking rental income,
multigenerational living, or a dedicated home office, the hard work
has already been done for you.
The main home offers 1,532 square feet of well-designed living space, including 3 bedrooms and 2 bathrooms. From the moment you arrive, the property impresses with its strong curb appeal and low-maintenance front yard. Inside, a bright, flowing floor plan is enhanced by abundant natural light and timeless charm.
The detached ADU adds an additional 440 square feet with 1 bedroom and 1 bathroom-ideal for guests, tenants, or flexible use.
Additional highlights include a new 220-amp electrical panel, EV charger, newer central heat and air conditioning, and a generous 6,751 square foot lot. Located within walking distance of award-winning schools, local shops, restaurants, and coffee spots, 661 Grand Avenue combines functionality, character, and a prime location-making it a truly exceptional opportunity in Belmont Heights.
The main home offers 1,532 square feet of well-designed living space, including 3 bedrooms and 2 bathrooms. From the moment you arrive, the property impresses with its strong curb appeal and low-maintenance front yard. Inside, a bright, flowing floor plan is enhanced by abundant natural light and timeless charm.
The detached ADU adds an additional 440 square feet with 1 bedroom and 1 bathroom-ideal for guests, tenants, or flexible use.
Additional highlights include a new 220-amp electrical panel, EV charger, newer central heat and air conditioning, and a generous 6,751 square foot lot. Located within walking distance of award-winning schools, local shops, restaurants, and coffee spots, 661 Grand Avenue combines functionality, character, and a prime location-making it a truly exceptional opportunity in Belmont Heights.
Unit Size
1,972 Ft²
Days on Market
21 days
Land Size
0.16 acres
Price per sqft
$709
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1919
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 2 years ago (CRMLS #RS25093235)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 5, 2025 | Sold | ||
| Sold | |||
| May 21, 2025 | In contract | - | |
| In contract | |||
| May 15, 2025 | Listed by Dream Life Real Estate | $1,399,000 | |
| Listed by Dream Life Real Estate | |||
Property Highlights
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Type
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Baths
ft²
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Sold On
HOA + Taxes
About Belmont Heights
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Listed by: Justin Sidell, Dream Life Real Estate
Last Updated: 2 years ago
Data Source: CRMLS, MLS# RS25093235
Last Updated: 2 years ago
Data Source: CRMLS, MLS# RS25093235
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