Perfectly located huge 1972 built Eastside Triplex with 100% large two story 3 bed, 1.5 bath townhome style units. Exterior refresh just completed plus all three units renovated since 2023 with new floors, finishes, and in-unit laundry. Huge parking lot in rear with parking for 7 cars. Excellent metrics at 12.6X GRM on actuals and a 5.2% in place cap rate with upside to an 11.7X GRM and cap rate of 5.7% at market rents.
Quiet residential location in the Zaferia neighborhood only 2 blocks from the design district. One block from the historic Rose Park neighborhood. Just minutes from Cal State Long Beach, Traffic Circle retail, and the beach.
3,720 Sq Ft
5,855 Sq Ft Lot Size
investment
Built in 1972
MLS/Listing ID SB26033659
2 Stories
3 Units
Laminate
Chain-link
Wood
Wrought-iron
Heating - Wall Furnace
All Bedrooms Up
Construction - Stucco
Community - Urban
Gas Oven
Gas Range
Composition
Parking - Gated
Parking - Paved
In Kitchen
Lot - Rectangular Lot
TOTAL MONTHLY COST
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