UPDATED:
11/07/2024 03:01 AM
Key Details
Property Type Condo
Listing Status Active
Purchase Type For Sale
Square Footage 3,012 sqft
Price per Sqft $695
MLS Listing ID OC24194669
Style All Other Attached
Bedrooms 7
Full Baths 3
Construction Status Turnkey
HOA Y/N No
Year Built 1925
Lot Size 3,059 Sqft
Acres 0.0702
Property Description
Introducing this beautifully updated Spanish-style triplex, full of charm and modern upgrades, perfectly situated near the vibrant 2nd Street. Unit 1: This spacious unit features 3 bedrooms and 1 bathroom, complete with stunning built-ins, wood flooring, a faux fireplace, and the convenience of a garage plus an additional parking space. Unit 2: Offering 2 bedrooms and 1 bathroom, this unit shines with an updated kitchen, luxury laminate flooring, a remodeled bathroom, and a private patio. Unit 3: A brand-new build, this unit includes 2 bedrooms and 1 bathroom, a beautifully designed kitchen and bathroom, luxury vinyl flooring, and new HVAC for year-round comfort. Each unit is equipped with private laundry facilities and stainless steel appliances. Recent upgrades include 2 new electrical panels and 3 tankless water heaters, ensuring efficiency for both tenants and owner. Tenants cover all utilities except water, providing low-maintenance ownership while maximizing rental income. With a strong CAP rate of 5.5% and minimal vacancies, this triplex offers an excellent investment opportunity. Combining classic Spanish architecture with modern conveniences in a highly desirable location, its an ideal choice for both investors and tenants. Seller Financing Available
Location
State CA
County Los Angeles
Area Long Beach (90803)
Zoning LBR2S
Interior
Interior Features Balcony, Beamed Ceilings, Granite Counters, Track Lighting
Flooring Laminate, Linoleum/Vinyl, Wood
Fireplaces Type FP in Family Room, Decorative
Equipment Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer, Vented Exhaust Fan, Gas Range
Appliance Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer, Vented Exhaust Fan, Gas Range
Laundry Closet Stacked, Inside
Exterior
Exterior Feature Asphalt
Garage Spaces 1.0
Fence Vinyl, Wood
Utilities Available Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
Roof Type Tile/Clay,Flat
Total Parking Spaces 1
Building
Lot Description Curbs, Sidewalks
Story 2
Lot Size Range 1-3999 SF
Sewer Public Sewer
Water Public
Architectural Style Mediterranean/Spanish
Level or Stories 2 Story
Construction Status Turnkey
Others
Monthly Total Fees $49
Miscellaneous Urban
Acceptable Financing Cash, Conventional, Cash To New Loan
Listing Terms Cash, Conventional, Cash To New Loan
Special Listing Condition Standard
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Mary Ellen Haywood
Broker Associate | CA DRE#01264878
Broker Associate CA DRE#01264878