2914 E 5th St, Long Beach, CA 90814

Property Description

Beautifully remodeled Triplex located in historic Rose Park South. All 3 homes are detached and currently rented. The total current rent is $9,624 per month. This investor's dream/trophy property was recently updated with all the bells and whistles, making it a must have addition to any investment portfolio. The unit mix consists of a beautiful 2 bedroom 1 & 1/4 bath detached Craftsman style front house and a 2-bedroom 1 bath Spanish style detached back house with its own yard. The 3rd unit is a 1 bedroom 1 bath contemporary detached suit that sits above the 3 car garage. This unit was taken down to the frame and completely rebuilt. All of the homes feature modern, upgraded interiors, while leaving the original exterior architecture intact to both meet the demand of prospective tenants and comply with the historic nature of the neighborhood. Each home also has its own single car garage as denoted in their respective leases. The landscaping is hassle free and all the utilities are separately metered as well, and paid for by the tenants. The location of this triplex in Rose Park has a wonderful walk score with local grocers, purveyors, shops and restaurants all just a short walk from your from door. This makes it an in- demand rental property for easily achieving above market rents with low vacancy. This truly a must-see property. Call me direct to schedule a private tour.