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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

Features
: Wall Furnace, Ductless
: Ductless
2
1
: Inside, Dryer Included, Washer Included, Stackable
0
: Curbs, Sidewalks, Street Lights, Urban
: Spanish
Additional Information
Coldwell Banker Realty
0
OCblaican
D283
Candice
7247001024
: Standard
1
49

Multi-Family For Sale

179 Saint Joseph Avenue, Long Beach, California 90803

3,012 Sqft
$2,095,000
Listing ID #OC24194680
Basic Details
Status : Active
DaysOnMarket : 49
Property Type : Multi-Family
Listing Type : For Sale
Listing ID : OC24194680
Price : $2,095,000
Living Area : 3,012 Sqft
Lot Size : 3,059 Sqft
Year Built : 1925
Country : US
State : California
County : Los Angeles
City : Long Beach
Zipcode : 90803
Price Per Square Foot : $696
Subdivision : Belmont Shore (BSD)
ModificationTimestamp : 2024-11-06 13:41:54
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