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2914 E 5th Street, Long Beach, CA 90814
$1,700,000
2914 E 5th Street, Long Beach, CA 90814View this property at 2914 E 5th Street, Long Beach, CA 90814
2914 E 5th StreetLong BeachCA90814
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Property Description
Beautifully remodeled Triplex located in historic Rose Park South. All 3 homes are detached and currently rented. The total current rent is $9,624 per month. This investor's dream/trophy property was recently updated with all the bells and whistles, making it a must have addition to any investment portfolio. The unit mix consists of a beautiful 2 bedroom 1 & 1/4 bath detached Craftsman style front house and a 2-bedroom 1 bath Spanish style detached back house with its own yard. The 3rd unit is a 1 bedroom 1 bath contemporary detached suit that sits above the 3 car garage. This unit was taken down to the frame and completely rebuilt. All of the homes feature modern, upgraded interiors, while leaving the original exterior architecture intact to both meet the demand of prospective tenants and comply with the historic nature of the neighborhood. Each home also has its own single car garage as denoted in their respective leases. The landscaping is hassle free and all the utilities are separately metered as well, and paid for by the tenants. The location of this triplex in Rose Park has a wonderful walk score with local grocers, purveyors, shops and restaurants all just a short walk from your from door. This makes it an in- demand rental property for easily achieving above market rents with low vacancy. This truly a must-see property. Call me direct to schedule a private tour.
Full Property Details
Full Property Details for 2914 E 5th St
General
- Sold For: $1,700,000
- Status: Closed
- Type: Multi-Family
- MLS ID: SB23195441
- Added to Site: 227 day(s) ago
Interior
- Rooms/Areas: All Bedrooms Down, Kitchen, Living Room, Primary Bathroom, Primary Bedroom
- Interior Features: Quartz Counters, Recessed Lighting
- Fireplace(s): None
- Appliances: Dishwasher, Gas Oven, Gas Range, Gas Water Heater, Microwave, Refrigerator
- Flooring: Laminate, Wood
Rooms
Other Rooms
- Laundry: Dryer Included, In Closet, Stackable, Washer Included
Additional Information
- Pool Description: None
- Spa Description: None
Exterior
- Exterior Features: Lighting
Parking
- Garage Spaces: 3
- Parking Features: Garage Faces Side, Garage (Three Doors)
- Parking: Garage Faces Side, Garage (Three Doors)
Location
- Area: 3 - Eastside, Circle Area
- County: Los Angeles
- Development Name: 3 - Eastside, Circle Area
- Driving Directions: From 4th & Orizaba, N on Orizaba to 5th W on 5th to address
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Forced Air
Utilities
- Sewer: Public Sewer
- Water: Public
- # Water Meters: 3
- # Gas Meters: 3
- # Electric Meters: 3
Structural Information
- Architectural Style: Craftsman, Spanish
- Roof: Composition, Flat, Shingle
- Windows: Blinds, Wood Frames
- Entry Location: 1
- Stories/Levels: One
- Stories Description: One
- Square Feet: 2,496
- Year Built: 1917
Unit Information
Unit 1
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 1
Unit 2
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 3
- Number of Units: 1
- Total Bathrooms: 2
- Bedrooms: 2
Lot Features
- Property View: None
- Lot Size (Acres): 0.155
- Lot Size Source: Assessor
- Zoning: LBR2N
- Lot Description: Front Yard, Landscaped, Level with Street, Drip Sprinkler System, Sprinklers in Front, Sprinklers in Rear, Utilities - Overhead, Walking Street
Financial Considerations
- Price Per Sq. Ft.: $681.09
- Price Per Unit: 583333
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2.5%
Listed by Elements Real Estate, Scott Niles and Elements Real Estate, Sean Haghi
Sold by Compass, Stephen Walsh
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Schools
Schools serving 2914 E 5th St
School District:Long Beach Unified School District
Rating | Name | Grades | Distance |
---|---|---|---|
257 Coronado Ave, Long Beach, CA 90803 | PK-5 | 0.4 mi | |
750 Euclid Ave, Long Beach, CA 90804 | 6-8 | 0.6 mi | |
4400 E 10th St, Long Beach, CA 90804 | 9-12 | 1 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 2914 E 5th St
Date
Details
Price
Change
Source
4/01/2024
Sold
$1,700,000
-2.86%
MLS
10/20/2023
Listed
$1,750,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
2914 E 5th Street, Long Beach, CA 90814 (MLS# SB23195441) is a Multi-Family property that was sold at $1,700,000 on April 01, 2024. Want to learn more about 2914 E 5th Street? Do you have questions about finding other Multi-Family real estate for sale in Long Beach? You can browse all Long Beach real estate or contact a Coldwell Banker agent to request more information.