1442 Alamitos Ave, Long Beach, CA 90813

$725,000
3
BA
1,064
SqFt

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List Price
$725,000
MLS#
26862447
Year Built
1923
Bathrooms
3
Living Sq. Ft
1,064
Lot Size
2,018
Days on Market
19
Property Type
Multifamily

Property Description

An income-producing, recently remodeled triplex near the bustling downtown area and Long Beach Community College. Just five minutes from Alamitos Beach, this property offers easy access to the 710 and 405 freeways, making it highly desirable and easy to find tenants seeking both convenience and coastal living. Remodeled in 2021, the property features a newer roof, upgraded bathrooms, and fresh interior and exterior paint. Additional enhancements include new flooring in Unit B's main living area, energy-efficient split units in all three units, and improved downspout efficiency for better roofing performance. This triplex generates strong rental income, with all units currently on month-to-month leases. Unit A rents for $1,725, Unit B rents for $1,782 and Unit C is $1680 per month. Each unit is in excellent condition, and with reliable tenants in place, this turnkey investment offers immediate cash flow and minimal vacancy risk. With limited multi-unit properties available at this price point in Long Beach, this is a rare chance to own a well-maintained, income-generating asset in a high-demand rental market. Don't miss out on this exceptional investment!

Additional Information

Other Buildings
None
Heat
None
Cooling
Air Conditioning
Number of Cars in Garage
None

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Calculator source: Real Geeks

Courtesy of Compass, Leah Guerra - CA DRE#01907093

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