$1,494,000
Truly a Gem, this Classic Spanish Triplex is located in the historic and highly desirable Recreation Park Neighborhood of Long Beach. Considered one of the most desirable areas for investors and Owner occupants alike, due to its quiet tree lined streets and close walking distance to the expansive 210 Acre Recreation Park, featuring 2 Golf Courses, multiple Sports fields, a tennis center, casting pools, lagoon, dog park, outdoor theater and more! Just minutes from Belmont Shore dining, Alamitos Bay Marinas, beaches and nightlife, yet also within minutes of 3 regional freeways. The property is full of that desirable, old-world, timeless appeal and shows true pride of ownership, having recently undergone extensive landscape improvements and a new roof on the front building. This character-rich property with traditional elegance features tons of charm in its many architectural details. Whether you are looking for a home or income potential, you have it all right here! The front building offers two very spacious 2-bedroom, 1-bath units, one upstairs and one downstairs. The detached rear building includes a charming stand alone 1-bedroom, 1-bath unit located above the three individual one-car garages. In addition to 3 separate garages this property has loads of additional off street parking due to its long driveway and added gravel parking pad for 2 more cars. The property addresses include 1117 (Rear Unit), 1119 (Front Lower Unit), 1121 (Front Upper Unit), The property also features large front and backyards, offering potential space for outdoor enjoyment or possible future expansion, or additional ADU units? Buyer should verify any and all information provided herewith in regard to City of LB inspection requirements, new ADU additions or building expansion possibilities, with qualified engineers and the City of Long Beach. Historic touches, including original hardwood oak floors, faux fireplaces, various arched doorways and windows, terrazzo tile, vintage-style wood garage doors/windows, and plastered interior walls and ceilings are just some of the many things that make this property special and unique. With its historic architecture, desirable coastal proximity, and flexible layout, this property presents an excellent opportunity for investors or owner-occupants looking to offset living expenses while building long-term equity. This could be a perfect opportunity to live in one unit and have the tenants help with the mortgage!
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Listed by Evan Jay with Estate Properties (310) 378-7747
Property Type
Triplex
Status
Active
MLS Number
SB26048381
Year Built
1930
Lot Size
7,018 sq ft