1429 E South, Long Beach, CA 90805
Triplex - Long Beach, CA
- Added:
- Mar 19, 2026
- Days on Market:
- 85
- Last Refresh:
- Jun 11 at 12:06 am
Property Features for 1429 E South
General Information
- Property type
- Residential Multi Family
- Property subtype
- Triplex
- Zoning
- LBCNR
- Bedrooms
- 4
- Bathrooms
- 3
- Rooms
- Bathroom 1, Bathroom 2, Bathroom 3, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4
- Parking features
- Covered, Driveway
- Exterior features
- Community Features Included: Curbs, Street Lights, Sidewalks, Suburban, 0-1 Unit/Acre
- Standard status
- Active
- APN
- 7123020030
- Size
- 5,500 SF
- Lot size
- 8,241.00 Acres
Utilities
- Heating system
- Central
- Cooling system
- Central Air
Building Details
- Year built
- 1959
- Floors in Building
- 1
- Number of units
- 3
- Architectural style
- Other
Listing agent Georgette Solano License #01817587 (562) 222-5847
Listing office Century 21 Allstars 9155 Telegraph Rd, Pico Rivera, CA (562) 863-2121
Listing date Mar 19, 2026
Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Landlord‑funded build‑out to your specifications for lease or sale.
- High‑density zoning allows for up to 11 residential units or conversion to 5‑7 units.
- Versatile mixed‑use zoning permits various business and residential applications.
- Solid triplex structure with gated parking ready for immediate renovation.
- Potential for two‑story expansion to double the space.
- Financing available for purchase.
Overview
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $148.5k | $27.00 |
| − Vacancy | −$6.3k | −$1.15 |
| EGI | $142.2k | $25.85 |
| − OpEx | −$42.6k | −$7.75 |
| NOI | $99.5k | $18.09 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Long Beach
- County
- Los Angeles
- State
- California
- Longitude
- -118.174936
- Latitude
- 33.860383
