1672 E 56th Street, Long Beach, CA 90805

About this property

Great Area of Long Beach! Located in one of the strongest rental markets in California! 1672 E 56th St is a triplex located in North Long Beach. Built in 1944 consisting of 1,964 Square Feet of living space nicely situated on a great 6,858 Square Feet lot. This property offers a great unit mix which includes (2) 2-Bed/1-Bath units and (1) studio. The property has been well maintained and features a fenced-in back yard with a nicely remodeled studio. This is an excellent opportunity for a potential investor to obtain 30-year fixed residential financing while rates are at a historic low. Great Cash Flow incoming property at a 6% CAP, AS IS. With upside potential. Schedule your showing today!!!

Listing description from the May 2022 sale, as reported to CRMLS.

Sale history

$975,000

Sold May 2022 · listed $925,000, on market March 2022 · MLS #OC22064171 · Source: CRMLS

Listing Agent: Derek Gong · Listing Office: Re/Max Top Producers · Contact: 909-590-8853 · Bought with: Sean Stanfield · Pacific Sotheby's Int'l Realty

$695,000

Sold September 2020 · listed $650,000, on market July 2020 · MLS #SB20149586 · Source: CRMLS

Listing Agent: Brett Lyon · Listing Office: Lyon Stahl Investment Real Estate, Inc. · Contact: 310-425-9838 · Bought with: Brett Lyon · Lyon Stahl Investment Real Estate, Inc.

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