Property Description

1672 E 56th St is a triplex located in North Long Beach, just a short commute to Long Beach Waterfront, The Queen Mary, and Shoreline Village. 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:
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<li>Triplex in North Long Beach Situated on a Large 6,858 SF Lot</li>
<li>Currently Operating At a 5% CAP Rate</li>
<li>Unit Mix – (2) 2-Bed/1-Bath Units &amp; (1) Studio</li>
<li>Features a Fenced-In Backyard with Extra Parking Spaces for Guests</li>
<li>Only a Short Commute to Long Beach Waterfront, The Queen Mary, and Shoreline Village</li>
</ul>