Long Beach, CA 90803,51 Kennebec AVE
Long Beach, CA 90803,51 Kennebec AVE
Long Beach, CA 90803,51 Kennebec AVE
Long Beach, CA 90803,51 Kennebec AVE
Long Beach, CA 90803,51 Kennebec AVE
Long Beach, CA 90803,51 Kennebec AVE
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Listed by Hannah Steed • West Shores Realty, Inc.
$ 3,600,000
Est. payment | /mo

8,504 Sqft Lot


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$ 3,600,000
Est. payment | /mo
Save

8,504 Sqft Lot

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

MLS Listing IDX PLUS

GET MORE INFORMATION

Drew Reid
Drew Reid

REALTOR® | Lic# 01332884

+1(408) 515-1362

410 N Santa Cruz Ave, Los Gatos, CA, 95030-5321, USA

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51 Kennebec AVE