51 Kennebec AVE Pending Save Request In-Person Tour Request Virtual Tour
Long Beach,CA 90803
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Pending
Purchase Type For Sale
MLS Listing ID CRPV25116539
Style Mediterranean
Year Built 2024
Lot Size 8,504 Sqft
Property Sub-Type Triplex
Source California Regional MLS
Property Description
Rare Coastal Triplex Investment Opportunity in Bluff Park | $17,500 Monthly Income | 5% CAP Rate Welcome to 51 Kennebec Avenue, Long Beach, CA 90803 - a rare opportunity to own a luxury, newly constructed triplex in the highly coveted Bluff Park Historic District near Belmont Heights and Alamitos Beach. Just one block from the ocean and moments from the beach, this premium coastal asset features three Mediterranean-style townhome units, all completed in 2024 and currently tenant-occupied, generating a total of $17,500/month ($210,000/year) in rental income with a 5% CAP rate. Situated on an expansive 8,501 SF lot, each unit boasts high-end finishes, private rooftop decks, and spacious modern layouts. Property Features: -3 Fully Rented Townhome-Style Units -All Units Built in 2024 | Mediterranean Architecture -Total: 9 Bedrooms | 9.5 Bathrooms -All Units Include Private Rooftop Decks -Unit 2230 Also Includes Private Side Yard -One Block from the ocean and Bluff Park -Walking Distance to Beach, Dining, and Shops Unit Breakdown: . 51 Kennebec Ave - 3 Bed | 3.5 Bath | Rooftop Deck | Ocean Views . 2234 E 1st St - 3 Bed | 2.5 Bath | Rooftop Deck . 2230 E 1st St - 3 Bed | 3.5 Bath | Rooftop Deck + Private Side Yard Whether you're looking to expand your portfolio wi
Location
State CA
County Los Angeles
Area 2 - Belmont Heights, Alamitos Heights
Rooms
Kitchen Dishwasher,Garbage Disposal,Hood Over Range,Microwave,Exhaust Fan,Oven Range - Gas,Oven Range - Built-In,Refrigerator,Oven - Gas
Interior
Heating Central Forced Air
Cooling Central AC
Laundry 30,Washer,Dryer,9
Exterior
Parking Features Garage
Garage Spaces 6.0
Pool 31,None
View Local/Neighborhood,30
Building
Lot Description Paved
Water District - Public
Architectural Style Mediterranean
Others
Tax ID 7264021086
Special Listing Condition Not Applicable