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5366 Pine Avenue

Long Beach, CA 90805
  • $1,256,000
  • STATUS: Active
  • ON SITE: 32 Days
  • ID#: SB23160153
UPDATED: 230 min ago
$1,256,000
  • 0
    BEDS
  • 0.11
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1961
County:

School Ratings & Info

Listing Agent(s): Lori Mikell of Keller Williams Beach Cities (310-939-9300) and David Coe of Keller Williams Beach Cities(310-939-9300)


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. Owner is open to relocating a tenant for a buyer wanting to occupy the front unit.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2023-10-03T00:28:54.443. 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 deemed reliable but is not guaranteed accurate by the MLS or Romero Home Team | eXp Realty. Licensed in the State of California, USA.
www.romerohometeam.com/homes/142967408
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5366 Pine Avenue Long Beach, CA 90805

  • Price: $1,256,000
  • Status: Active
  • On Site: 32 Days
  • Updated: 230 min ago
  • ID#: SB23160153
0
Beds
0
Baths
0
½ Baths
0.11
Acres
1961
Built
Neighborhood:
North Long Beach (Nlb)
County:
Los Angeles
Area:
7 - North Long Beach
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. Owner is open to relocating a tenant for a buyer wanting to occupy the front unit.
Exterior Features

Architectural Style Contemporary Entry Level 3 Entry Location Front Fencing Security Lot Features Front Yard Number Of Separate Electric Meters 2 Open Parking Spaces 7 Parking Features DrivewayElectric Gate Parking Total 7 Pool Features None Pool Private YN No Property Attached YN Yes Road Frontage Type City Street Spa Features None Spa YN No View Neighborhood View YN Yes

Interior Features

Appliances DisposalGas RangeRefrigeratorTankless Water Heater Common Walls 1 Common Wall Cooling Zoned Cooling YN Yes Fireplace Features None Fireplace YN No Flooring Laminate Heating Zoned Heating YN Yes Interior Features Ceiling Fan(S)Recessed Lighting

Property Features

Additional Parcels YN No Common Interest None Community Features Street LightsSidewalks Disclosures Accessory Dwelling UnitCity Inspection Required Electric Expense 0 Fuel Expense 0 Garage YN No Gross Income 0 Gross Scheduled Income 0 Insurance Expense 0 Land Lease YN No Laundry Features Inside Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash To New Loan Net Operating Income 0 New Construction YN No Number Of Separate Gas Meters 2 Number Of Separate Water Meters 1 Number Of Units Leased 1 Operating Expense 0 Possession Negotiable Property Condition Updated/RemodeledTurnkey Property Sub Type Triplex Rent Control YN No Security Features Security Gate Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Total Actual Rent 2400 Trash Expense 0 Water Sewer Expense 0 Water Source Public Zoning Lbr34



Based on information from California Regional Multiple Listing Service, Inc. as of 2023-10-03T00:28:54.443. 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 deemed reliable but is not guaranteed accurate by the MLS or Romero Home Team | eXp Realty. Licensed in the State of California, USA.
 
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Romero Home Team | eXp Realty
865 Aerovista Pl, Suite 120
San Luis Obispo CA, 93401
Listing Agent(s): Lori Mikell of Keller Williams Beach Cities (310-939-9300) and David Coe of Keller Williams Beach Cities(310-939-9300)