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Listed by Candice Blair • Coldwell Banker Realty

$2,095,000

Est. payment - /mo

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3,012 SqFt

Active

179 Saint Joseph Avenue Long Beach, CA 90803

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Daniel Ripper

[email protected] +1(415) 205-6312

UPDATED:

09/20/2024 09:12 PM

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,012 sqft

Price per Sqft $695

MLS Listing ID CROC24194680

HOA Y/N No

Originating Board Datashare California Regional

Year Built 1925

Lot Size 3,059 Sqft

Property Description

Introducing this beautifully updated Spanish-style triplex, full of charm and modern upgrades, perfectly situated near the vibrant 2nd Street. Unit 1: This spacious unit features 3 bedrooms and 1 bathroom, complete with stunning built-ins, wood flooring, a faux fireplace, and the convenience of a garage plus an additional parking space. Unit 2: Offering 2 bedrooms and 1 bathroom, this unit shines with an updated kitchen, luxury laminate flooring, a remodeled bathroom, and a private patio. Unit 3: A brand-new build, this unit includes 2 bedrooms and 1 bathroom, a beautifully designed kitchen and bathroom, luxury vinyl flooring, and new HVAC for year-round comfort. Each unit is equipped with private laundry facilities and stainless steel appliances. Recent upgrades include 2 new electrical panels and 3 tankless water heaters, ensuring efficiency for both tenants and owner. Tenants cover all utilities except water, providing low-maintenance ownership while maximizing rental income. With a strong CAP rate of 5.5% and minimal vacancies, this triplex offers an excellent investment opportunity. Combining classic Spanish architecture with modern conveniences in a highly desirable location, it�??s an ideal choice for both investors and tenants. Seller Financing Available

Location

State CA

County Los Angeles

Interior

Heating Wall Furnace

Cooling Other

Flooring Laminate, Vinyl, Wood

Fireplace No

Appliance Tankless Water Heater

Laundry Dryer, Washer, Other, Inside

Building

Lot Description Other, Front Yard

Water Public

© 2024 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.

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Daniel Ripper

Broker Associate | License ID: 01382609

+1(415) 205-6312

Daniel Ripper

179 Saint Joseph Avenue Long Beach, CA 90803

Daniel Ripper

Key Details

Location

Interior

Building

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179 Saint Joseph Avenue