Rarely on the market is this triplex in Alamitos Beach. Profitable 1031 exchange property or live in one and rent out the rest. The three units consist of a 3 bed 2 bath front single family detached home, duplex in rear of property consisting of a 2 bed… Read More 1 bath unit, and 1 bed 1 bath unit. 5 off street parking spaces, 2 out of the 3 units have their own washer and dryer hookups, and professionally managed. Larger 6789 sq. ft. lot with potential to add 1-2 ADU's, please check with the City of Long Beach Planning Dept. Great location being blocks to the beach, minutes to Downtown Long Beach, Long Beach Convention Center, Long Beach Marina, restaurants, and parks. Read Less
Property listed by Lantern Bay Realty, Tony Morrison 949-254-4044
Built in 1908, Building area total: 3,154, Levels: One, Two, 1 story, 2 buildings, Architectural style: Bungalow, Traditional, Attached, Common walls: OneCommonWall, Construction materials: Stucco
Community
Sidewalks, Urban
Expenses
Insurance expense: $7,200, Maintenance expense: $1,645, New taxes expense: $14,062, Operating expense: $39,027, Trash expense: $1,244, Water sewer expense: $851
Fence
Wood
Fireplaces
None
Floors
Tile, Wood
Heating
WallFurnace
Income
Gross income: $82,143, Net operating income: $43,115
Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. 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.
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