$1,750,000 - 2914 5th Street, Long Beach

  • 5Beds
  • 4Baths
  • 0SQ. Feet
  • 0.16Acres

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.

Sales Agent

Sam SmithBeach Cities Real EstatePhone: 562-355-8228 Cell: 562-355-8228 Contact Agent Now

Essential Information

  • MLS® #:SB23195441
  • Price:$1,750,000
  • Bedrooms:5
  • Bathrooms:4.00
  • Acres:0.16
  • Year Built:1917
  • Type:Residential Income
  • Sub-Type:Triplex
  • Style:Craftsman, Spanish
  • Status:Closed
  • Listing Agent:Scott Niles
  • Listing Office:Elements Real Estate

Community Information

  • Address:2914 5th Street
  • Area:3 - Eastside, Circle Area
  • Subdivision:Other
  • City:Long Beach
  • County:Los Angeles
  • Zip Code:90814

Amenities

  • Utilities:Cable Available, Electricity Connected, Natural Gas Connected, Overhead Utilities, Sewer Connected, Water Connected
  • Parking Spaces:3
  • Parking:Door-Multi, Garage, Garage Faces Side
  • # of Garages:3
  • Garages:Door-Multi, Garage, Garage Faces Side
  • View:None
  • Pool:None

Interior

  • Interior:Laminate, Wood
  • Interior Features:All Bedrooms Down, Quartz Counters, Recessed Lighting
  • Appliances:Dishwasher, Dryer, Gas Oven, Gas Range, Gas Water Heater, Microwave, Refrigerator, Washer
  • Heating:Forced Air
  • Cooling:Central Air
  • Fireplaces:None
  • # of Stories:2
  • Stories:One

Exterior

  • Exterior Features:Lighting
  • Lot Description:Drip Irrigation/Bubblers, Front Yard, Landscaped, Sprinklers In Front, Sprinklers In Rear, Street Level, Walkstreet
  • Windows:Blinds, Wood Frames
  • Roof:Composition, Flat, Shingle

Additional Information

  • Date Listed:October 20th, 2023
  • Days on Market:146
  • Zoning:LBR2N

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Based on information from California Regional Multiple Listing Service, Inc. as of April 28th, 2024 at 11:10am CDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.