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James Olvera

The Warburton Team

james@olverarealty.net +1(909) 760-9091

$ 1,199,196

Est. payment | -/mo

7,492 Sqft Lot

Save

$ 1,199,196

Est. payment | -/mo

Save

7,492 Sqft Lot

Open House

Fri Oct 10, 2:00pm - 5:00pm

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID DW25144450

HOA Y/N No

Year Built 1913

Lot Size 7,492 Sqft

Property Sub-Type Triplex

Property Description

Investors Delight Three-Unit Building in Sunny Long Beach CA** This property is just minutes from the beach and downtown Long Beach, this multi-unit property offers a unique investment opportunity or the perfect live/work arrangement. This sold-as-is building features three distinct units: **3-Bedroom, 1-Bathroom Unit**: This main unit is located at the front of the property and offers a spacious, open layout with modern finishes throughout. The large, well-appointed kitchen and inviting living areas create a perfect cozy family home. With its bright, airy atmosphere and functional design, it provides a comfortable and stylish living experience. **2-Bedroom, 1-Bathroom Unit**: A charming, cozy space perfect for tenants or a smaller family. The unit boasts updated features, ample natural light, and a functional floor plan, ensuring both comfort and convenience. **Owner's Studio Unit**: A private and well-appointed studio, offering a peaceful retreat with a kitchenette, full bath, closet, and space to live comfortably while being steps from your rental income potential. Property includes two oversized two car garages with alley access and units above. Buyer can check with the city as there is a potential to add additional units for a potential 4 units.
Enjoy the best of coastal living, w/ the beach, dining, shopping, and entertainment. Whether you're looking to expand your investment portfolio or live in one unit while renting the others, this property offers endless possibilities. Don't miss out on this incredible opportunity in one of Long Beach's most desirable locations.

Location

State CA

County Los Angeles

Area 4 - Downtown Area, Alamitos Beach

Zoning LBR2N

Interior

Fireplace No

Laundry Washer Hookup, Gas Dryer Hookup, In Carport

Exterior

Parking Features Garage, Garage Faces Rear

Garage Spaces 4.0

Garage Description 4.0

Pool None

Community Features Biking, Curbs, Dog Park, Fishing, Street Lights, Sidewalks, Park

Total Parking Spaces 6

Private Pool No

Building

Lot Description Near Park

Story 2

Entry Level One,Two

Sewer Public Sewer

Water Public

Level or Stories One, Two

New Construction No

Others

Senior Community No

Tax ID 7267024006

Acceptable Financing Cash, Conventional, FHA, VA Loan

Listing Terms Cash, Conventional, FHA, VA Loan

Special Listing Condition Standard

Listed by Michael Pelayo Real Consultants Mortgage Real 562-331-3633

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FEATURED AREAS

920 Cerritos AVE Long Beach, CA 90813