Property Detail

Description

Don’t miss this great investment with future growth opportunity! This triplex at 905 Gardenia Ave. currently has all units as tenant occupied. The 2-bedroom, 1-bathroom front house has long-term tenants (10+ years!). This unit features a fireplace in the living room, a farmhouse sink and stainless steel appliances in the kitchen, and a designated laundry room suitable for a stackable washer and dryer. A small bonus room, which could be used as an office, study space, meditation room, etc. opens to the back porch and deck area. Behind the main house you’ll find the two 1-bedroom, 1-bathroom units. The downstairs unit has new laminate flooring and both units were recently painted. Both units are cozy in size and each with their own private outdoor areas. The downstairs unit has a sliding glass door from the living room that leads to a private patio. Upstairs, there’s a wrap-around deck. Together, the 3-units have a total of 2100 square feet of living space, on a 5474 square foot lot. Each unit comes with 2 secure parking spaces! Property is gated in the front and back. 2 of the 3 units have in-unit laundry! All units have their own electric and gas meters. This triplex is situated between Downtown, Alamitos Beach, and Rose Park. Under recent California sate legislation, this triplex has the potential for UP TO 3 ADDITIONAL DWELLING UNITS (ADU's), one per existing unit. Buyer to verify all development rights.