Long Beach Homes with Triplex Subtype

Long Beach Homes with Triplex Subtype

Welcome to Long Beach, California – a vibrant coastal city that perfectly blends urban sophistication with laid-back beach living. Nestled in Los Angeles County, Long Beach boasts a rich cultural tapestry, stunning waterfront views, and a dynamic community that offers something for everyone. With its year-round Mediterranean climate, residents enjoy sun-soaked beaches, lush parks, and a plethora of outdoor activities, making it a paradise for nature lovers and city dwellers alike.

One of the unique housing options in this thriving city is the triplex. These multi-family homes are not just a smart investment; they also provide a fantastic opportunity for those looking to live in one unit while renting out the others. Triplexes in Long Beach are often characterized by their charming architecture and spacious layouts, allowing for a comfortable lifestyle within a bustling community. Imagine enjoying your morning coffee on a sunlit balcony while your tenants help cover your mortgage – it’s a win-win!

The neighborhoods of Long Beach are as diverse as its residents, with areas like Belmont Shore offering beachside charm and East Village showcasing an artsy vibe. Whether you’re drawn to the lively atmosphere of downtown or the tranquility of a residential enclave, Long Beach has a triplex that fits your lifestyle and investment goals.

With a robust rental market and a growing economy, investing in a triplex in Long Beach is not just a home; it’s a gateway to a flourishing future. Discover the possibilities today and embrace the Long Beach lifestyle!

Newest Long Beach Homes with Triplex Subtype

$949,000
4 Beds 3 Baths SB26197530 MLS Active Status
NEWLY REMODELED & INCREDIBLE INVESTMENT OPPORTUNITY! Located in a great Westside neighborhood and within walking distance to elementary, middle, and high schools, this extensively upgraded property offers an exciting opportunity to become a landlord, live in one unit while renting the others, or add a versatile income property to your investment portfolio. Originally a single-family home, the property is being transformed into a three-unit residence. The original unit has been completely remodeled from top to bottom and features 1 bedroom, 1 bathroom, and approximately 888 square feet of beautifully updated living space with a brand-new interior. The second unit is new construction, featuring 2 bedrooms, 1 bathroom, and approximately 700 square feet (buyer to verify; permit pending). The unit features a fresh, modern interior with all-new finishes. The third unit is a planned garage conversion into an approximately 450-square-foot ADU (buyer to verify; permit pending). The ADU will feature a brand-new, fully upgraded interior, with the exciting opportunity for the buyer to select certain finishes and personalize the space. Situated on a large 5,000+ square-foot lot, the property offers a long driveway, covered carport, ample street parking, and convenient alley access behind the property for additional parking and access. A grassy front yard provides a welcoming outdoor area for relaxing and enjoying the Southern California lifestyle. With three potential living spaces, extensive upgrades, new construction, a desirable Westside location, and convenient access to local schools, this property offers tremendous flexibility. Live in one and rent the others, create a multigenerational living setup, or take advantage of the property's investment potential

2470 Webster, Long Beach

$2,100,000
PW26186315 MLS Active Status
1317 E. 1st Street presents a rare opportunity to acquire a fully renovated triplex in the heart of Alamitos Beach with a unique combination of residential quality, strong in-place income, exceptional parking and owner-occupancy potential. The property has undergone an extensive renovation program totaling ~$375,000, including the complete rebuild of all three residential units. The improvements have created modern, highly competitive residences while substantially reducing the deferred maintenance and near-term capital expenditure. Situated on an 8,263-square-foot lot, the property consists of three separate residences totaling 2,367 square feet: (1) spacious 1,300-square-foot 3BD/2BA main residence; (1) 650-square-foot 1BD/1BA unit; and (1) 417-square-foot studio. A significant competitive advantage is the property's eight off-street parking spaces, including five alley-access garages and three driveway spaces—an exceptional amenity in highly parking-impacted Alamitos Beach. In addition to enhancing tenant appeal and marketability, the five garages provide a meaningful ancillary income stream with additional upside potential. The combination of extensive parking and garage income differentiates the property from competing coastal rental properties while providing an additional source of revenue beyond residential rents. The property's full-sized 3BD/2BA main residence creates a compelling opportunity for an owner-occupant seeking the lifestyle and privacy of a traditional home while benefiting from supplemental rental income. Thoughtfully remodeled with owner occupancy in mind, the front residence offers 1,300 square feet of living space, generous common areas, and ample parking. A separate basement provides valuable additional storage. Meanwhile, the two additional residences and five private garages provide multiple income streams that can help offset mortgage and operating costs. This combination of residential comfort, privacy, parking and income potential is particularly difficult to replicate in a prime coastal neighborhood. Located in the heart of Alamitos Beach, the property benefits from immediate access to the beach and bike paths, Downtown Long Beach, and an extensive collection of neighborhood dining, retail and entertainment amenities. With a 94 Walk Score, the neighborhood offers the highly walkable, beach-oriented lifestyle that continues to drive renter demand and premium rents.

1317 E 1st, Long Beach

$900,000
PW26179995 MLS Active Status
1636 N. Stanton Place presents the opportunity to acquire a well- located three-unit multifamily property in Long Beach offering attractive in-place cash flow, a diversified unit mix, and additional upside through future rent growth. Offered at $900,000, the property provides investors with a compelling combination of current yield and long-term income potential. The property consists of (1) 1BD/1BA unit, (1) 2BD/1BA unit, and (1) 3BD/1BA unit. Current monthly rents total $6,470, with projected market rents of $6,700 per month. The one-bedroom unit is currently rented at $1,670 compared with a projected market rent of $1,750, while the two-bedroom unit is rented at $2,000 compared with a projected $2,150. With only three units, the property offers investors a manageable multifamily asset with substantially greater income diversification than a single-family or duplex investment while retaining the operational simplicity of a small residential property. The varied unit mix further reduces reliance on any single tenant profile and creates multiple rent points within the property. For investors seeking a smaller multifamily acquisition with immediate income and identifiable upside, 1636 N. Stanton Place offers a compelling combination of a 5.93% going-in cap rate, rental growth potential, larger two- and three-bedroom floor plans, and a $300,000-per-unit basis. As rents move toward projected market levels, investors have the opportunity to enhance NOI and overall property value while benefiting from strong in-place cash flow.

1636 N Stanton, Long Beach

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.