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$725,000
Est. payment /mo
3 Baths
1,064 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 1,064 sqft
Price per Sqft $681
MLS Listing ID 26862447
HOA Y/N No
Year Built 1923
Lot Size 2,016 Sqft
Property Description
An income-producing, recently remodeled triplex near the bustling downtown area and Long Beach Community College. Just five minutes from Alamitos Beach, this property offers easy access to the 710 and 405 freeways, making it highly desirable and easy to find tenants seeking both convenience and coastal living. Remodeled in 2021, the property features a newer roof, upgraded bathrooms, and fresh interior and exterior paint. Additional enhancements include new flooring in Unit B's main living area, energy-efficient split units in all three units, and improved downspout efficiency for better roofing performance. This triplex generates strong rental income, with all units currently on month-to-month leases. Unit A rents for $1,725, Unit B rents for $1,782 and Unit C is $1680 per month. Each unit is in excellent condition, and with reliable tenants in place, this turnkey investment offers immediate cash flow and minimal vacancy risk. With limited multi-unit properties available at this price point in Long Beach, this is a rare chance to own a well-maintained, income-generating asset in a high-demand rental market. Don't miss out on this exceptional investment!
Location
State CA
County Los Angeles
Area 9 - Poly High
Zoning LBR4R
Interior
Heating None
Fireplace No
Exterior
Parking Features None
Building
Entry Level One
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 7268019009
Special Listing Condition Standard
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Listed by Leah Guerra Compass #01907093
Nearby School & Business
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