1442 Alamitos Avenue, Long Beach, CA 90813
- $725,000
- 3
- BA
- 1,064
- SqFt
- List Price
- $725,000
- Status
- ACTIVE
- MLS#
- 26862447
- Year Built
- 1923
- Bathrooms
- 3
- Living Sq. Ft
- 1,064
- Lot Size
- 2,018
- Acres
- 0.05
- Days on Market
- 39
- Property Type
- Multifamily
- Stories
- One Level
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!
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Additional Information
- Heat
- None
- Attached Structure
- Detached
- Number Of Units Total
- 3
Listing courtesy of Listing Agent: Leah Guerra (leah@leahguerrahomes.com) from Listing Office: Compass.
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Based on information from California Regional Multiple Listing Service, Inc. as of . 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.