Residential Income — 1442 Alamitos Avenue, Long Beach, CA
$725,000
1442 Alamitos Avenue, Long Beach, CA
About this property
An income-producing, recently remodeled triplex near the bustling downtown area and Long Beach Community College. Just five minutes from Alamitos Beach, this property offers easy access to the 710 and 405 freeways, making it highly desirable and easy to find tenants seeking both convenience and coastal living. Remodeled in 2021, the property features a newer roof, upgraded bathrooms, and fresh interior and exterior paint. Additional enhancements include new flooring in Unit B's main living area, energy-efficient split units in all three units, and improved downspout efficiency for better roofing performance. This triplex generates strong rental income, with all units currently on month-to-month leases. Unit A rents for $1,725, Unit B rents for $1,782 and Unit C is $1680 per month. Each unit is in excellent condition, and with reliable tenants in place, this turnkey investment offers immediate cash flow and minimal vacancy risk. With limited multi-unit properties available at this price point in Long Beach, this is a rare chance to own a well-maintained, income-generating asset in a high-demand rental market. Don't miss out on this exceptional investment!
Property details
Location
1442 Alamitos Avenue • Long Beach, CA 90813
Listed by
Leah Guerra · Compass
Nearby listings in Long Beach, CA
- 2075 E Appleton Street 27, Long Beach, CA · $349,999
- 615 E Broadway 203, Long Beach, CA · $2,100/mo
- 1200 E Ocean 57, Long Beach, CA · $525,000
- 6020 Ocean Boulevard, Long Beach, CA · $3,440,000
- 7890 E Spring Street 17P, Long Beach, CA · $429,750
- 707 W 4th 7, Long Beach, CA · $385,000
- 801 Alamitos Avenue, Long Beach, CA · $1,599,000
- 2332 E 17th 101, Long Beach, CA · $379,999
- 4409 E 10th Street, Long Beach, CA · $1,125,000
- 3565 Linden 237, Long Beach, CA · $339,999
- 811 Ohio, Long Beach, CA · $1,850,000
- 1067 N Norman Court, Long Beach, CA · $799,000
Sale history for 1442 Alamitos Avenue → (3 recorded sales)