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$2,125,000
Est. payment /mo
7 Beds
3 Baths
3,059 Sqft Lot
UPDATED:
09/05/2024 04:52 PM
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID OC24084448
Bedrooms 7
HOA Y/N No
Lot Size 3,059 Sqft
Property Description
Welcome to this charming Spanish-style Tri-plex with character and modern updates, nestled in a prime location near 2nd Street. The First unit boasts 3 bedrooms and 1 bathroom, featuring beautiful built-ins, wood flooring, a faux fireplace, and a convenient garage and additional parking space. The Second unit offers 2 bedrooms and 1 bathroom, showcasing an updated kitchen and bathroom with luxury laminate flooring and private patio. The Third unit, a brand new build, features 2 bedrooms and 1 bathroom with a stunning kitchen and bathroom design. Luxury vinyl flooring and new HVAC. All units have been beautifully updated to include private laundry facilities and stainless steel appliances. The property has 2 new electrical pannels and 3 new tankless hot water heaters, ensuring efficiency and convenience for tenants and owner. Tenants are responsible for all utilities; except water and trash, this provides low owner maintenance while collecting top market rent. With minimal vacancy and a strong CAP Rate of 5.5%, this Tri-plex offers an excellent investment opportunity. Experience the abundance of 2nd location, Spanish architecture combined with modern amenities, making this property a standout choice for investors and renters alike.
Welcome to this charming Spanish-style Tri-plex with character and modern updates, nestled in a prime location near 2nd Street. The First unit boasts 3 bedrooms and 1 bathroom, featuring beautiful built-ins, wood flooring, a faux fireplace, and a convenient garage and additional parking space. The Second unit offers 2 bedrooms and 1 bathroom, showcasing an updated kitchen and bathroom with luxury laminate flooring and private patio. The Third unit, a brand new build, features 2 bedrooms and 1 bathroom with a stunning kitchen and bathroom design. Luxury vinyl flooring and new HVAC. All units have been beautifully updated to include private laundry facilities and stainless steel appliances. The property has 2 new electrical pannels and 3 new tankless hot water heaters, ensuring efficiency and convenience for tenants and owner. Tenants are responsible for all utilities; except water and trash, this provides low owner maintenance while collecting top market rent. With minimal vacancy and a strong CAP Rate of 5.5%, this Tri-plex offers an excellent investment opportunity. Experience the abundance of 2nd location, Spanish architecture combined with modern amenities, making this property a standout choice for investors and renters alike.
Welcome to this charming Spanish-style Tri-plex with character and modern updates, nestled in a prime location near 2nd Street. The First unit boasts 3 bedrooms and 1 bathroom, featuring beautiful built-ins, wood flooring, a faux fireplace, and a convenient garage and additional parking space. The Second unit offers 2 bedrooms and 1 bathroom, showcasing an updated kitchen and bathroom with luxury laminate flooring and private patio. The Third unit, a brand new build, features 2 bedrooms and 1 bathroom with a stunning kitchen and bathroom design. Luxury vinyl flooring and new HVAC. All units have been beautifully updated to include private laundry facilities and stainless steel appliances. The property has 2 new electrical pannels and 3 new tankless hot water heaters, ensuring efficiency and convenience for tenants and owner. Tenants are responsible for all utilities; except water and trash, this provides low owner maintenance while collecting top market rent. With minimal vacancy and a strong CAP Rate of 5.5%, this Tri-plex offers an excellent investment opportunity. Experience the abundance of 2nd location, Spanish architecture combined with modern amenities, making this property a standout choice for investors and renters alike.
Location
State CA
County Los Angeles
Area Long Beach (90803)
Zoning Public Rec
Exterior
Roof Type Tile/Clay
Building
Lot Description Curbs, Sidewalks
Story 2
Lot Size Range 1-3999 SF
Others
Monthly Total Fees $49
Acceptable Financing Cash, Conventional
Space Rent $4,200
Listing Terms Cash, Conventional
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Listed by Candice Blair • Coldwell Banker Realty
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