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Listed by Poupee Komenkul of Rodeo Realty
Amazing Triplex in Long Beach! 1920’s Style Bungalow Front House has been renovated & has 3 bedrooms & 1.5 Baths has a NEW ROOF, Copper Plumbing, Washer & Dryer Hookups & will be delivered vacant! Long Driveway that can fit up to 3 cars and DETACHED single car garage that has HUGE ADU Potential! The Back of the Property is Totally Separate w/the DUPLEX built in the late 80s with each unit featuring 2 bedrooms & 1 bath. 3118 A has Long Term, Good Paying Stable Tenants. 3118 B has been renovated & good tenants. Parking for up to 4 cars in the back. The property is separately metered for gas & electricity. The owner is ONLY responsible for paying for water & common area electricity. with Potential income of OVER $82,000 per year & expenses of less than $3000 per year, this is a cash flow property! A new drain has also been installed from the house to the street for the entire property. From an investment standpoint, this triplex will bring a great return as the rents collected are almost market and the front house can be rented for market rent. For a Homeowner, the Duplex Income will help pay for the mortgage! Highly desirable location due to its proximity to freeways, colleges, and shopping centers.

Property Details of 3116 E 15th Street

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Based on information submitted to CRMLS as of December 5, 2023 11:52 PM EST . All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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