$1,650,000
Located at 1050 E 5th St in Long Beach, this rebuilt triplex offers a rare opportunity for both investors and owner-users seeking a turnkey income property in a prime coastal market. The property has undergone a renovation, delivering modern finishes, updated systems, and low-maintenance living across all three units. Each unit features a private entrance, functional layouts, and bright, contemporary interiors designed to attract quality tenants. Ideal for owner-user with a 5 bed/3.75 bath house which can be delivered vacant. One unit can be lived in while generating strong rental income from the others—helping offset mortgage costs. The property also offers on-site parking and a clean, updated exterior, enhancing curb appeal and long-term value. Conveniently located near downtown Long Beach, residents enjoy easy access to restaurants, shopping, transportation, and the beach. With strong rental demand and no immediate capital improvements needed, this is a true turnkey opportunity in a high-demand area.
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Listed by Robert Stepp with Keller Williams Realty Downey (562) 334-1500
Property Type
Mixed Use
Status
Active
MLS Number
PW26075600
Year Built
2013
Lot Size
8,969 sq ft