Description
No rent control! incredible investment opportunity in the circle area of long beach. the property comprises a two-bed, two-bath single-family residence (owner occupied) and the recently built multi-family triplex. the tri-plex was completed in 2015. each unit is highly spacious and has the custom feel and appearance more of a condominium than an apartment. the three units consist of a two-story, three-bed, three-bath, of which the lower bedroom has been converted into a junior adu. the other two units consist of a two-bedroom, two-bath unit, and a one-bedroom, two-bath unit. all units, including the house (except the junior adu), have two-car garage parking. each unit has a built-in laundry, a tankless water heater, central air, a private balcony, and a separate electrical, gas, and water meter. in addition to the three units, an adjacent common area bonus room is plumbed with a kitchenette and could easily be converted into an additional junior adu rental unit. the single-family residence has been re-modeled, and the roof on both structures is less than ten years of age. this is a substantial area for rental income, and this property delivers!
Property Type
Residential IncomeCounty
Los AngelesStyle
ContemporaryAD ID
48818151
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Property Details
-
Interior Features
Water/Sewer
- Water Source : Public
- Sewer : Public Sewer
Interior Features
- Interior Features: Balcony,Ceramic Counters,Granite Counters,High Ceilings,All Bedrooms Up
- Windows: Double Pane Windows
- Property Appliances: Dishwasher,Tankless Water Heater,Dryer,Washer
- Fireplace: None
- Flooring: Wood
Cooling Features
- Central Air
- Air Conditioning
Heating Source
- Central
- Has Heating
Fireplace
- Fireplace Features: None
- Has Fireplace: 0
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Exterior Features
Building Information
- Year Built: 1949
- Building Area Total: 4,134
Pool Features
- None
Laundry Features
- Washer Hookup,Gas Dryer Hookup,Inside
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Property / Lot Details
Lot Details
- Lot Dimensions Source: Vendor Enhanced
- Lot Size Acres: 0.1756
- Lot Size Source: Assessor
- Lot Size Square Feet: 7648
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Listing Information
Listing Price Information
- Original List Price: 2,200,000
- Listing Contract Date: 2025-03-01
Lease Information
- Listing Agreement: Exclusive Right To Sell
-
Taxes / Assessments
Tax Information
- Parcel Number: 7220002010
-
Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Garage and Parking
- Garage Description: Garage Faces Front
Homeowners Association
Rental Info
- Lease Term: Negotiable
- Tenant Pays: All Utilities
-
School, Utilities & Location Details
Other Property Info
- Source Listing Status: Active
- Source Neighborhood: 3 - Eastside, Circle Area
- Postal Code Plus 4: 3868
- Directions: Pacific Coast HWY to Park Ave. North.
- Zoning: LBR4R
- Source Property Type: Residential Income
- Area: 3 - Eastside, Circle Area
- Property SubType: Quadruplex
Building and Construction
- Property Age: 76
- Common Walls: 2+ Common Walls
- Structure Type: Quadruplex
- Year Built Source: Public Records
- Entry Level: 1
- Entry Location: First Floor & Second Floor
- Property Attached: Yes
- Levels or Stories: One,Two
- Building Total Stories: 1
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BuyOwner last updated this listing 04/26/2025 @ 07:18
- MLS: PW25046983
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: CRMLS
is a Home, with 9 bedrooms which is for sale, it has 4,134 sqft, 7,648 sized lot, and 8 parking. are nearby neighborhoods.