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Key Details
Sold Price $1,430,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID PW24141221
Sold Date 10/10/24
Bedrooms 5
HOA Y/N No
Lot Size 5,725 Sqft
Property Description
Exquisitely restored, this 1923 triplex is a light filled bungalow with vintage charm. The front house, deliberately left vacant for immediate owner occupancy, features 3 bedrooms and 2 baths with an open, light-filled floor plan. Meticulously refurbished original hardwood floors complement the elegant kitchen, which is equipped with stainless steel appliances, quartz countertops, and a breakfast bar. The home includes a dedicated laundry room and luxurious remodeled bathrooms with custom vanities. The master bedroom showcases original features throughout, blending period charm with contemporary finishes. The private backyard oasis is perfect for entertaining or unwinding. The property also includes a private rear alleyway with entrances to two updated 1-bedroom, 1-bath apartments at the rear, both currently rented, generating nearly $4,000 a month. The front house remains private as the tenants have separate entrances from the rear of the property and do not access the driveway, making it feel like two separate properties. The property has 4 electric meters and 3 gas meters, and one garage even has EV parking capabilities. An owner has the option to easily add up to two ADUs according to the City of Long Beach. Property recently appraised for $1,500,000. This property is ideal for the discerning owner/investor, located near the beach, Wilson High School, Zaferia District, 2nd Street, golf courses, freeway access, downtown nightlife, and all that vibrant Long Beach has to offer.
Exquisitely restored, this 1923 triplex is a light filled bungalow with vintage charm. The front house, deliberately left vacant for immediate owner occupancy, features 3 bedrooms and 2 baths with an open, light-filled floor plan. Meticulously refurbished original hardwood floors complement the elegant kitchen, which is equipped with stainless steel appliances, quartz countertops, and a breakfast bar. The home includes a dedicated laundry room and luxurious remodeled bathrooms with custom vanities. The master bedroom showcases original features throughout, blending period charm with contemporary finishes. The private backyard oasis is perfect for entertaining or unwinding. The property also includes a private rear alleyway with entrances to two updated 1-bedroom, 1-bath apartments at the rear, both currently rented, generating nearly $4,000 a month. The front house remains private as the tenants have separate entrances from the rear of the property and do not access the driveway, making it feel like two separate properties. The property has 4 electric meters and 3 gas meters, and one garage even has EV parking capabilities. An owner has the option to easily add up to two ADUs according to the City of Long Beach. Property recently appraised for $1,500,000. This property is ideal for the discerning owner/investor, located near the beach, Wilson High School, Zaferia District, 2nd Street, golf courses, freeway access, downtown nightlife, and all that vibrant Long Beach has to offer.
Location
State CA
County Los Angeles
Area Long Beach (90804)
Zoning Assessor
Interior
Cooling Wall/Window, Other/Remarks
Building
Lot Description Curbs
Story 2
Lot Size Range 4000-7499 SF
Level or Stories 2 Story
Others
Monthly Total Fees $53
Acceptable Financing Cash
Listing Terms Cash
Financing Cash
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Bought with Beatrix Whipple • Keller Williams Pacific Estate
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Mary Ellen Haywood
Broker Associate | CA DRE#01264878
Broker Associate CA DRE#01264878