$969,000
About this home
Prime Investment Opportunity in Long Beach! This updated 3-unit property offers long-term value and reliable income less than 1/2 mile to the heart of downtown and less than 1 mile to the Ocean. Recent Cap Ex includes remodeled units with newer roofs and plumbing upgrades make for a unique opportunity at this price point. Perfect scenario to live in one unit and offset the mortgage by renting the other two. Surrounded by major developments like the Long Beach Civic Center, Queen Mary Island, and West Gateway, the property benefits from the city's continued investment growth. Just minutes from the vibrant Downtown Long Beach core, residents enjoy easy access to a wide range of dining, shopping, and entertainment options. Nearby Alamitos Beach, Golden & Lincoln Park, and Shoreline Village provide ample recreation opportunities. Conveniently located near the 710 and 405 freeways and the Metro Blue Line, residents also benefit from seamless accessibility to LA & Orange County. Long Beach's thriving economy, supported by its shipping, aerospace, and healthcare sectors, ensures a strong tenant base. Don’t miss this turnkey investment in one of Southern California's most desirable markets!
Facts & features
- Interior features
- Ceiling Fans, Quartz Counters, Recessed Lighting, Bedroom On Main Level
- Appliances
- Dishwasher, Gas Range, Microwave, Refrigerator, Water Heater
- Flooring
- Vinyl
- Fireplace
- None
- Heating
- Wall Furnace
- Cooling
- None
- Laundry
- Common Area, Washer Hookup, Electric Dryer Hookup
- Levels
- One
- Spa
- None
- Lot size
- 0.076 acres (3,315 sq ft)
- Pool
- None
- Architectural style
- Bungalow
- Year built
- 1908
- Parking
- One Space
- Parking spaces
- 2
- Area
- 4 - Downtown Area, Alamitos Beach
- County
- Los Angeles
- Community features
- Park
- Status
- Active
- Property type
- Triplex
- Days on market
- 7
- Listed
- 2026-07-16
- Terms
- Cash, Cash To New Loan, Exchange 1031, FHA
- Parcel #
- 7280001012
- MLS #
- SB26155784
