1635 E 53rd ST Long Beach, CA 90805

A Great Investment Opportunity. This Well Maintain Triplex has Three Tudor style Buildings on a Lot Located in a Quiet Neighborhood . Low operating expances with upside in rents and long term tenants. No vacancy rate! Low utility bill on average of $68/ month. Front Home Features 1 Bedroom, 1 Bath and has been Beautifully Upgraded , Washer & Dryer hook ups, Includes 2 Driveway Parking spaces, Front Yard and Beautiful front porch. All Three Units are 1 Bedroom, 1 Bathroom with washer and dryer hook ups , upgrated in 2017, Separately Metered for Electrical and Gas, coper plumbing and new wirering. Backyard and Side-yard for the Rear Units . Middle unit has 1 car garage. Rear unit has 1 car garage plus 1 parking space, currently used as outdoor entertaining space. Minutes to Downtown Long Beach, Local Beaches, Close to all Major Freeways the 405, 91, and 710 , Location near Schools, Parks, Bixby Knolls, Restaurants, Medical Facilities, Shopping, just a short commute to Long Beach Waterfront, The Queen Mary, and Shoreline Village. The triplex was built in 1941 and consists of 1,752 SF of living space situated on a 6,610 SF lot . Potencial of increasing income with an ADU! 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 and increase a unit portfolio.