136 W 53rd Street

About This Property

What a cozy duplex in Long Beach! Both units are exquisitely remodeled and identical to each other. This property is ideal for an owner-user looking to live in and rent out the other (actual rent $2,400). With the total current rent of $4,700 per month or well above 4% cap rate, it is also an excellent fit for a value-add investor. Each unit has 2/1.5, laundry hookup and their own private outdoor space for tenants’ use. Ample 6 parking spaces with (3) one-car garages and plenty of off-street parking. This duplex home is undemanding to maintain and conveniently located with very easy access to 710, 405 and 91. Quiet neighborhood and walk to LA River Trail and bike path. Must see for anyone interested in the thriving city of Long Beach real estate. Drive by only. Please do not disturb the long term tenants. For the owner-user buyer, the back unit will be delivered free to move in before closing.

Unit Mix