This triplex offers an excellent investment opportunity in one of Long Beach’s desirable and established residential neighborhoods. Situated on a single lot, the property features three individual units, each with its own private garage and separate yard area, providing tenants with added convenience, privacy, and a single-family home feel—an attractive… Read More feature that helps support long-term tenancy and rental stability.
This property is ideal for investors who are just beginning their real estate investment journey, as well as seasoned investors seeking to add a solid, income-producing asset to their portfolio. The units will not be delivered vacant but the seller may consider relocation assistance.
Located in a quiet and well-established area of Long Beach, the surrounding neighborhood is primarily composed of single-family homes and other well-maintained residential income properties, contributing to the area’s overall stability and desirability. The property is conveniently located near shopping centers, restaurants, schools, and essential services, and offers easy access to downtown Long Beach, where tenants can enjoy dining, entertainment, and coastal attractions.
With its strong location, private garages, individual yard spaces, and reliable income stream, this triplex represents a rare opportunity to acquire a versatile and appealing investment property in one of Southern California’s most dynamic rental markets. Read Less
Property listed by Keller Williams Coastal Prop., Harry Eaves 310-259-7556
Listing Snapshot
Days Online
160
Last Updated
Property Type
Triplex
Lot Size
0.14 Acres
Year Built
1923
MLS Number
PW26038156
Additional Details
Building
Built in 1923, 3 buildings, 1 storey, Entry level: 1, Entry location: Street
Community
StreetLights, Sidewalks, Urban
Expenses
Operating: $6,000, Water/Sewer: $6,000
Garage
3 spaces
Income
Gross Income: $21,600, Gross ScheduledIncome: $27,600, Net Operating Income: $21,600
Laundry
None
Lot
0.1359 acres, CornerLot
Parking
2 open parking spaces, 5 total parking spaces, None
Based on information from California Regional Multiple Listing Service, Inc. as of 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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