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$ 879,000
Est. payment | /mo
2 Beds
3 Baths
4,720 Sqft Lot
$ 879,000
Est. payment | /mo
2 Beds
3 Baths
4,720 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
Subdivision North Long Beach (Nlb)
MLS Listing ID PW26218245
Bedrooms 2
Lot Size 4,720 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
Excellent Investment Opportunity Triplex with ADU Potential! Welcome to this versatile triplex with ADU potential, ideally situated in a highly desirable rental area. This property presents an excellent opportunity for investors seeking to expand their portfolio or owner-occupants looking for rental income to offset costs. The front of the property features a very spacious, updated barbershop with modern finishes and a big screen TV, creating an inviting and contemporary space. Toward the rear of the building are two one-bedroom units, both featuring select upgrades and offering additional rental income potential. Adding more value is a large two-car garage with high ceilings, presenting exciting potential for a future ADU. In addition, the property offers four parking spaces, adding convenience and always a valuable commodity. With new construction homes just one block away, this property presents an investment opportunity in a neighborhood experiencing continued development. Conveniently located, it is minutes from Bixby Knolls, Trader Joes, shopping, parks, and easy freeway access. With existing rental income, ample parking, and the potential to further maximize the propertys value, this triplex offers flexibility and exciting possibilities and is a great opportunity for both investors and owner-occupants seeking long-term growth.
Location
State CA
County Los Angeles
Zoning Assessor
Direction Just north of South St
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Senior Community No
Tax ID 7125034022
Acceptable Financing Cash, Conventional, FHA, VA
Listing Terms Cash, Conventional, FHA, VA
Listed by Denise Reesha, DRE#01411207 Keller Williams Pacific Estate
Nearby Locations
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Keegan Wetzel
Founder | Naval Academy | OIF Veteran License ID: 02153342