Utilities: Electricity Connected,Natural Gas Connected
Address: 1017 E Rhea
County: Los Angeles
City: Long Beach
Neighborhood: 9 - Poly High, Poly High (ph)
Pool Features: None
This triplex consist of front house with attached garage 3 bed 2 bath and, two one bedroom one bath unit is the back. The roof was redone 2011 with 30y years lasting materials. The front house bathrooms had been upgraded. The kitchen of 1021 unit was upgraded about 2 years ago. All units enjoy provate patios and independent access. All tenants are paying rent regularly. A long car path provide additional parking for several cars. The new owner have upside opportunity current CAP rate 3.8% proforma CAP rate 5.6%. Very close to LBUSD schools, restaurants, transportation and major employers. Great opportunity for an investor to increase its portfolio with a solid property and or for a buyer that want to live in one unit rent the other ones to get help with the mortgage payment.