179 Saint Joseph Avenue, Long Beach, CA 90803

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Sheila Dadashzadeh

[email protected] +1(858) 375-6785

$2,125,000

Est. payment - /mo

7 Beds

3 Baths

3,059 Sqft Lot

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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.

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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Sheila Dadashzadeh

+1(858) 375-6785

Agent | CA BRE #01835591

Agent CA BRE #01835591

San Diego Communities