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
Lot - Rectangular Lot
In Kitchen
All Bedrooms Up
Heating - Wall Furnace
Laminate
Wrought-iron
Wood
Chain-link
Construction - Stucco
Community - Urban
Gas Range
Gas Oven
Composition
Parking - Paved
Parking - Gated
TOTAL MONTHLY COST
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