$2,095,000
179 Saint Joseph Avenue Long Beach, CA 90803
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$2,095,000
Est. payment /mo
7 Beds
3,012 SqFt
UPDATED:
11/07/2024 02:18 AM
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
Bedrooms 7
HOA Y/N No
Year Built 1925
Lot Size 3,059 Sqft
Acres 0.07
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
Area Listing
Zoning LBR2
Interior
Interior Features Energy Star Windows Doors
Heating Wall Furnace
Cooling Other
Flooring Laminate, Vinyl, Wood
Fireplace No
Appliance Tankless Water Heater
Laundry Dryer, Washer, Other, Inside
Exterior
Exterior Feature Front Yard, Other
Utilities Available Sewer Connected
Total Parking Spaces 1
Building
Lot Description Other, Front Yard
New Construction No
Others
Tax ID 7247001024
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Listed by Candice Blair • Coldwell Banker Realty
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