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5366 Pine Avenue

Long Beach, CA 90805
  • $1,229,000
  • STATUS: ACTIVE
  • ON SITE: 95 Days
  • ID#: SB23160153
UPDATED: 128 min ago
$1,229,000
  • 7
    BEDS
  • 0.11
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
County:

School Ratings & Info

Description

Whether you're an owner-occupant or an investor, this triplex presents a compelling opportunity. For an owner, the property offers the potential to live in one unit while generating rental income from the other 2. For an investor, the modern updates, sought-after amenities, and prime location make this triplex a promising addition to a real estate portfolio. The property consists of 3 meticulously remodeled units to reflect a modern and comfortable living experience with two 2-bedroom, 1-bathroom units and one 3-bedroom, 1.5-bathroom unit all with updated appliances, washer/dryer in units, and a modern aesthetic. The kitchens are the heart of these units with modern cabinetry, sleek countertops, and a suite of updated appliances that elevate both style and functionality. One of the standout features of this triplex is the convenience of gated parking. The secure parking area not only provides residents with peace of mind but also adds a layer of privacy. With its excellent income potential and combination of features, this property stands as a remarkable investment opportunity in a sought-after location. All units will be delivered vacant at closing. Don't wait! This one won't last! Whether you're an owner-occupant or an investor, this triplex presents a compelling opportunity. For an owner, the property offers the potential to live in one unit while generating rental income from the other 2. For an investor, the modern updates, sought-after amenities, and prime location make this triplex a promising addition to a real estate portfolio. The property consists of 3 meticulously remodeled units to reflect a modern and comfortable living experience with two 2-bedroom, 1-bathroom units and one 3-bedroom, 1.5-bathroom unit all with updated appliances, washer/dryer in units, and a modern aesthetic. The kitchens are the heart of these units with modern cabinetry, sleek countertops, and a suite of updated appliances that elevate both style and functionality. One of the standout features of this triplex is the convenience of gated parking. The secure parking area not only provides residents with peace of mind but also adds a layer of privacy. With its excellent income potential and combination of features, this property stands as a remarkable investment opportunity in a sought-after location. All units will be delivered vacant at closing. Don't wait! This one won't last!

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San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2023 San Diego MLS, Inc. Licensed in the state of California.
www.gellens.com/homes/142970991
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5366 Pine Avenue Long Beach, CA 90805

  • Price: $1,229,000
  • Status: ACTIVE
  • On Site: 95 Days
  • Updated: 128 min ago
  • ID#: SB23160153
7
Beds
0
Baths
0
½ Baths
0.11
Acres
Neighborhood:
Long Beach (90805)
County:
Los Angeles
Area:
Long Beach (90805)
Property Description
Whether you're an owner-occupant or an investor, this triplex presents a compelling opportunity. For an owner, the property offers the potential to live in one unit while generating rental income from the other 2. For an investor, the modern updates, sought-after amenities, and prime location make this triplex a promising addition to a real estate portfolio. The property consists of 3 meticulously remodeled units to reflect a modern and comfortable living experience with two 2-bedroom, 1-bathroom units and one 3-bedroom, 1.5-bathroom unit all with updated appliances, washer/dryer in units, and a modern aesthetic. The kitchens are the heart of these units with modern cabinetry, sleek countertops, and a suite of updated appliances that elevate both style and functionality. One of the standout features of this triplex is the convenience of gated parking. The secure parking area not only provides residents with peace of mind but also adds a layer of privacy. With its excellent income potential and combination of features, this property stands as a remarkable investment opportunity in a sought-after location. All units will be delivered vacant at closing. Don't wait! This one won't last! Whether you're an owner-occupant or an investor, this triplex presents a compelling opportunity. For an owner, the property offers the potential to live in one unit while generating rental income from the other 2. For an investor, the modern updates, sought-after amenities, and prime location make this triplex a promising addition to a real estate portfolio. The property consists of 3 meticulously remodeled units to reflect a modern and comfortable living experience with two 2-bedroom, 1-bathroom units and one 3-bedroom, 1.5-bathroom unit all with updated appliances, washer/dryer in units, and a modern aesthetic. The kitchens are the heart of these units with modern cabinetry, sleek countertops, and a suite of updated appliances that elevate both style and functionality. One of the standout features of this triplex is the convenience of gated parking. The secure parking area not only provides residents with peace of mind but also adds a layer of privacy. With its excellent income potential and combination of features, this property stands as a remarkable investment opportunity in a sought-after location. All units will be delivered vacant at closing. Don't wait! This one won't last!
Exterior Features

Pool N/K Site Sidewalks Spa N/K

Interior Features

Cooling Zoned Area(S) Heat Equipment Zoned Areas Stories 2 Story Total Baths Unit1 2 Total Baths Unit2 1 Total Baths Unit3 1 Water Heater Type Tankless

Property Features

Annual Expense Actual 0 Buildings 2 Cfd Mello Roos Fee 483.0 Cfd Mello Roos Fee Reflects Year Gross Scheduled Income Actual 0 Monthly Total Fees 40 Security Automatic Gate Terms Cash Unit Number For Unit1 1 Unit Number For Unit2 2 Unit Number For Unit3 3 Unit1 Rent Actual 2400.0 Unit2 Rent Actual 0.0 Unit3 Rent Actual 0.0 Zoning Assessor

San Diego MLS logo Listing provided courtesy of Lori Mikell of Keller Williams Beach Cities: 310-650-5742. Listing information © 2023 San Diego MLS Inc. Source: CRMLS
San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2023 San Diego MLS, Inc. Licensed in the state of California.
 
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