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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 near 6%, 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.

Features
: Wall Furnace, Ductless
: Ductless
2
1
: Inside, Dryer Included, Washer Included, Stackable
0
: Curbs, Sidewalks, Street Lights, Urban
: Spanish
Additional Information
Coldwell Banker Realty
0
OCBLAICAN
D283
Candice
7247001024
: Standard
1
49

Multi-Family For Sale

179 Saint Joseph Avenue, Long Beach, California 90803

3,012 Sqft
$2,195,000
Listing ID #OC24084448
Basic Details
Status : Active
DaysOnMarket : 19
Property Type : Multi-Family
Listing Type : For Sale
Listing ID : OC24084448
Price : $2,195,000
Living Area : 3,012 Sqft
Lot Size : 3,059 Sqft
Year Built : 1925
Country : US
State : California
County : Los Angeles
City : Long Beach
Zipcode : 90803
Price Per Square Foot : $729
Subdivision : Belmont Shore (BSD)
ModificationTimestamp : 2024-05-16 09:09:41
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