1876 Myrtle, Long Beach, CA 90806

$759,000

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List Price
$759,000
Price Change
▼ $70,000 1784858225
Status
ACTIVE
MLS#
PW26038156
Year Built
1923
Lot Size
5,918
Acres
0.14
Lot Location
Corner Lot
Days on Market
158
Property Type
Multifamily
Property Sub Type
Triplex
Neighborhood
Poly High (Ph)

Property Description

This triplex offers an excellent investment opportunity in one of Long Beach’s desirable and established residential neighborhoods. Situated on a single lot, the property features three individual units, each with its own private garage and separate yard area, providing tenants with added convenience, privacy, and a single-family home feel—an attractive feature that helps support long-term tenancy and rental stability. This property is ideal for investors who are just beginning their real estate investment journey, as well as seasoned investors seeking to add a solid, income-producing asset to their portfolio. The units will not be delivered vacant but the seller may consider relocation assistance. Located in a quiet and well-established area of Long Beach, the surrounding neighborhood is primarily composed of single-family homes and other well-maintained residential income properties, contributing to the area’s overall stability and desirability. The property is conveniently located near shopping centers, restaurants, schools, and essential services, and offers easy access to downtown Long Beach, where tenants can enjoy dining, entertainment, and coastal attractions. With its strong location, private garages, individual yard spaces, and reliable income stream, this triplex represents a rare opportunity to acquire a versatile and appealing investment property in one of Southern California’s most dynamic rental markets.

Additional Information

Pool Description
None
Roof
Composition
Garage Spaces Total
3
Sewer
Sewer Tap Paid
Water
Public
Attached Structure
Detached
Number Of Units Total
3
Gross Scheduled Income
$27,600
Operating Expense
6000

Listing courtesy of Listing Agent: Harry Eaves (harryeaves@yahoo.com) from Listing Office: Keller Williams Coastal Prop..

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.