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Introducing this beautifully updated Spanish-style triplex, full of charm and modern upgrades, perfectly situated near the vibrant 2nd Street.Unit 1: This spacious unit features 3 bedrooms and 1 bathroom, complete with stunning built-ins, wood flooring, a faux fireplace, and the convenience of a garage plus an additional parking space.Unit 2: Offering 2 bedrooms and 1 bathroom, this unit shines with an updated kitchen, luxury laminate flooring, a remodeled bathroom, and a private patio.Unit 3: A brand-new build, this unit includes 2 bedrooms and 1 bathroom, a beautifully designed kitchen and bathroom, luxury vinyl flooring, and new HVAC for year-round comfort.Each unit is equipped with private laundry facilities and stainless steel appliances. Recent upgrades include 2 new electrical panels and 3 tankless water heaters, ensuring efficiency for both tenants and owner. Tenants cover all utilities except water, providing low-maintenance ownership while maximizing rental income.With a strong CAP rate of 5.5% and minimal vacancies, this triplex offers an excellent investment opportunity. Combining classic Spanish architecture with modern conveniences in a highly desirable location, it’s an ideal choice for both investors and tenants. Seller Financing Available
Property Type(s):
Residential Income
| Last Updated | 9/18/2024 | Tract | Belmont Shore (BSD) |
|---|---|---|---|
| Year Built | 1925 | Community | Belmont Shore/Park,Naples,Marina Pac,Bay Hrbr |
| Garage Spaces | 1.0 | County | Los Angeles |
Additional Details
| AIR | Ductless |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Dishwasher, Disposal, Dryer, Free-Standing Range, Gas Range, Microwave, Range Hood, Refrigerator, Tankless Water Heater, Vented Exhaust Fan, Washer |
| AREA | Belmont Shore/Park,Naples,Marina Pac,Bay Hrbr |
| CONSTRUCTION | Asphalt |
| FIREPLACE | Yes |
| GARAGE | Yes |
| HEAT | Ductless, Wall Furnace |
| HOA DUES | 0 |
| INTERIOR | Balcony, Beamed Ceilings, Bedroom on Main Level, Block Walls, Ceiling Fan(s), Crown Molding, Granite Counters, Track Lighting, Walk-In Closet(s) |
| LOT | 3059 sq ft |
| LOT DESCRIPTION | 0-1 Unit/Acre, Front Yard, Near Park, Yard |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | 2 |
| STYLE | Spanish |
| SUBDIVISION | Belmont Shore (BSD) |
| UTILITIES | Cable Available,Electricity Connected,Natural Gas Connected,Phone Available,Sewer Connected,Water Connected, Electric: Electricity - On Property |
| WATER | Public |
| ZONING | LBR2S |
Location
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Listed with Coldwell Banker Realty
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