5355 Pine Avenue

Long Beach, CA 90805
$1,290,000
ATTENTION INVESTORS! This triplex investment property opportunity has a unit mix of three 2-bedroom, 1-bathroom units. It is located in a residential neighborhood with good rental demand. There is upside potential in rents and the possibility to convert the garage into an accessory dwelling unit (ADU). (Check with the CityRead MoreRead Less
Property listed by American Pacific Realty, Ben Lara 714-793-3999
Listing Snapshot
Days Online
46
Last Updated
Property Type
Triplex
Lot Size
0.16 Acres
Year Built
1953
MLS Number
OC26005118
Property Location Map
Additional Details
Building
Built in 1953, 2 buildings, 1 storey, Levels: One, Entry level: 1, Entry location: 1
Community
Suburban, Sidewalks
Cooling
None
Expenses
Gardener: $1,600, Insurance: $2,261, Licenses: $300, Operating: $26,001, Pest Control: $360, Water/Sewer: $6,000
Fireplaces
None
Garage
4 spaces
Home Owner's Association
Association Fee: $0
Income
Gross Income: $69,996, Gross ScheduledIncome: $69,996, Net Operating Income: $41,895
Laundry
WasherHookup, GasDryerHookup, Inside
Lot
0.1619 acres, CornerLot
Parking
4 total parking spaces, Assigned, Garage
Pool
None
Roof
Composition
Sewer
PublicSewer
Taxes
Additional parcels description:, Parcel Number: 7131002028, Lot: 309, Zoning: LBR34
Tenant Pays
Electricity, Gas
Utilities
ElectricityConnected, NaturalGasConnected, SewerConnected, WaterConnected, Water Source: Public, 3 separate electric meters, 3 separate gas meters
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Monthly Payment
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Karen Castillo
Real Estate Salesperson
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.