2914 5th Street

Long Beach, CA 90814

$1,700,000

Sold Price
N/A

bed Beds

N/A

shower Baths

N/A sqft

straighten $681 / sqft

1917

calendar_month Built

Property Description

Beautifully remodeled Triplex located in historic Rose Park South. All 3 homes are detached and currently rented. The total current rent is $9,624 per month. This investor's dream/trophy property was recently updated with all the bells and whistles, making it a must have addition to any investment portfolio. The unit mix consists of a beautiful 2 bedroom 1 & 1/4 bath detached Craftsman style front house and a 2-bedroom 1 bath Spanish style detached back house with its own yard. The 3rd unit is a 1 bedroom 1 bath contemporary detached suit that sits above the 3 car garage. This unit was taken down to the frame and completely rebuilt. All of the homes feature modern, upgraded interiors, while leaving the original exterior architecture intact to both meet the demand of prospective tenants and comply with the historic nature of the neighborhood. Each home also has its own single car garage as denoted in their respective leases. The landscaping is hassle free and all the utilities are separately metered as well, and paid for by the tenants. The location of this triplex in Rose Park has a wonderful walk score with local grocers, purveyors, shops and restaurants all just a short walk from your from door. This makes it an in- demand rental property for easily achieving above market rents with low vacancy. This truly a must-see property. Call me direct to schedule a private tour.

Listing Information

Close Price $1,700,000
Close Date Monday, April 1st, 2024
Status Closed
MLS SB23195441
Type Residential Income
Subtype Triplex
Year Built 1917
Lot Size 6,750
Structure Size N/A
DOM 146
Courtesy Of Elements Real Estate
Listing Agent Scott Niles DRE#01923986
Co-Listing Agent Sean Haghi DRE#01420952

Interior Features

Total Bedroom
Bedrooms N/A
Total Bathroom
Bathrooms N/A
Flooring Information
Material Laminate, Wood
Fireplace Information
Features None
Additional Information
Additional Features Quartz Counters, Recessed Lighting
Cooling Type
Cooling Type Central Air

Exterior Information

Maps

Listing information courtesy of: Scott Niles, Sean Haghi, Elements Real Estate . *Based on information from the Association of REALTORS/Multiple Listing as of Apr 1st, 2024 at 2:13 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.