2914

EAST 5TH

LONG BEACH, CA 90814

REMODELED ROSE PARK TRIPLEX

$1,750,000

Beautifully remodeled Triplex located in historic Rose Park South.

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 Craftsman style front house and a 2-bedroom 1 bath Spanish style back house. The 3rd unit is a 1 bedroom 1 bath contemporary that sits above the detached 3 car garage. This unit was taken down to the frame and completely rebuilt.

All of the units 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 unit 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.

Currently, the property enjoys tenants in the back and above garage units, while the front and largest unit is unoccupied and currently listed for lease. This would allow for an investor who may want to live in the front unit to call this home, or this unit could be delivered fully leased prior to close of escrow.

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 market rents with low vacancy.

This is truly a must-see property.

Contact Scott Niles direct at (714) 244-2744 to schedule a private tour.

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