Closed | Excellent Opportunity For Investor : Triplex in North Long Beach

Woody Stahl and Brett Lyon of Lyon Stahl are pleased to have closed 1672 E 56th St, a triplex located in North Long Beach, just a short commute to Long Beach Waterfront, The Queen Mary, and Shoreline Village. 

The property sold for $695,000.

The triplex was built in 1944 and consists of 1,964 SF of living space situated on a 6,858 SF lot.

 1672 E 56th St offers a great unit mix consisting of (2) 2-Bed/1-Bath units and (1) studio.

 The property has been well maintained and features a fenced-in back yard.

Located in one of the strongest rental markets in California – this is an excellent opportunity for a potential investor to obtain 30-year fixed residential financing while rates are at a historic low.

Highlights:

Triplex in North Long Beach Situated on a Large 6,858 SF Lot

Currently Operating At a 5% CAP Rate

Unit Mix – (2) 2-Bed/1-Bath Units & (1) Studio

Features a Fenced-In Backyard with Extra Parking Spaces for Guests

Only a Short Commute to Long Beach Waterfront, The Queen Mary, and Shoreline Village

For More Information on this Property:

Marketing Package

View The Listing

For More Information, Contact: 

[email protected]

Woody Stahl: [email protected]

Brett Lyon: [email protected]