140 Saint Joseph Ave Long Beach, CA 90803
Belmont Shore NeighborhoodEstimated payment $9,541/month
Highlights
- Golf Course Community
- Fishing
- Main Floor Bedroom
- Lowell Elementary School Rated A-
- Wood Flooring
- Corner Lot
About This Home
Belmont Shore Triplex – Classic 1950’s Charm in an Exceptional Coastal Location Located in the heart of highly desirable Belmont Shore, this classic 1951 triplex offers a rare opportunity to own an income property just moments from the best of coastal Long Beach. Situated on a corner lot near Division and Saint Joseph, the property is within easy walking distance of the vibrant Second Street corridor, known for its outstanding restaurants, cafés, boutiques, and shopping. Residents will enjoy the Southern California beach lifestyle with close proximity to the Pacific Ocean along Ocean Boulevard, Bayshore Beach, and the iconic Belmont Pier. The location also provides convenient access to transportation and major freeways, making commuting throughout Long Beach, Orange County, and Los Angeles simple and convenient. The property consists of three units totaling approximately 2,424 square feet, each with its own private garage, an increasingly valuable amenity in this highly sought-after neighborhood. Onsite laundry facilities add convenience for residents (Upstairs 2 bedroom has private laundry room). Downstairs features 2 one-bedroom units. Front unit has private yard and is mostly 1950’s decor. Rear unit has private patio area, newer vinyl flooring, split system HVAC and storage under stairwell. Upstairs features a two-bedroom unit, private laundry room and oversized private patio above garages. Newer vinyl floor flows throughout the upstairs unit. The building has preserved much of its original 1950’s architectural character and décor, maintaining the charm and design details from the era. This property offers excellent flexibility for both investors and owner-occupants. Live in one unit while renting the others for income, or maintain the property as a strong investment in one of Long Beach’s most desirable coastal neighborhoods. With its location near the beach, shopping, dining, and recreation, this Belmont Shore triplex presents a unique opportunity to own a classic property in an outstanding setting.
Listing Agent
Circle Real Estate Brokerage Phone: 562-857-1965 License #01091037 Listed on: 03/03/2026
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1951
Lot Details
- 3,155 Sq Ft Lot
- Two or More Common Walls
- Wood Fence
- Corner Lot
- Rectangular Lot
- Private Yard
- Front Yard
Parking
- 3 Car Garage
- Parking Available
Home Design
- Triplex
- Entry on the 1st floor
- Turnkey
- Raised Foundation
- Frame Construction
- Composition Roof
Interior Spaces
- 2,424 Sq Ft Home
- 2-Story Property
- Ceiling Fan
- Double Pane Windows
- Window Screens
- Living Room
- Wood Flooring
- Neighborhood Views
- Fire and Smoke Detector
- Laundry Room
Kitchen
- Gas Oven
- Gas Range
- Tile Countertops
Bedrooms and Bathrooms
- 4 Bedrooms
- Main Floor Bedroom
- 3 Bathrooms
Outdoor Features
- Balcony
- Exterior Lighting
Location
- Suburban Location
Utilities
- Ductless Heating Or Cooling System
- Wall Furnace
Listing and Financial Details
- Legal Lot and Block 21 / 18
- Tax Tract Number 3885
- Assessor Parcel Number 7247002018
- $679 per year additional tax assessments
Community Details
Overview
- 3 Units
- Belmont Shore Subdivision
Amenities
- Laundry Facilities
Recreation
- Golf Course Community
- Fishing
- Park
- Dog Park
- Water Sports
Building Details
- 3 Leased Units
- 3 Separate Electric Meters
- 3 Separate Gas Meters
- 1 Separate Water Meter
- Fuel Expense $450
- Gardener Expense $930
- Insurance Expense $2,322
- Maintenance Expense $1,924
- Professional Management Expense $5,160
- Water Sewer Expense $450
- New Taxes Expense $19,800
- Operating Expense $31,135
- Gross Income $103,200
- Net Operating Income $82,851
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $8,786 | $670,102 | $461,081 | $209,021 |
| 2024 | $8,786 | $656,964 | $452,041 | $204,923 |
| 2023 | $20,294 | $1,581,000 | $1,020,000 | $561,000 |
| 2022 | $8,028 | $631,455 | $434,489 | $196,966 |
| 2021 | $7,859 | $619,074 | $425,970 | $193,104 |
| 2019 | $7,744 | $600,714 | $413,337 | $187,377 |
| 2018 | $7,515 | $588,936 | $405,233 | $183,703 |
| 2016 | $6,907 | $566,069 | $389,499 | $176,570 |
| 2015 | $6,631 | $557,567 | $383,649 | $173,918 |
| 2014 | $6,591 | $546,646 | $376,134 | $170,512 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/11/2026 03/11/26 | Pending | -- | -- | -- |
| 03/03/2026 03/03/26 | For Sale | $1,650,000 | -- | $681 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | None Listed On Document | |
| Grant Deed | $436,000 | Orange Coast Title |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $348,800 | No Value Available |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW26046845
APN: 7247-002-018
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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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