179 Saint Joseph AVE Active

Long Beach,CA 90803

$ 2095000

- Bed

- Bath

3012 SqFt


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

Subdivision Belmont Shore (Bsd)

MLS Listing ID OC24194680

Year Built 1925

Lot Size 3,057 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

Area 1 - Belmont Shore/Park,Naples,Marina Pac,Bay Hrbr

Zoning LBR2S

Rooms

Ensuite Laundry Inside,Stacked

Interior

Laundry Location Inside,Stacked

Heating Ductless,Wall Furnace

Cooling Ductless

Flooring Laminate,Vinyl,Wood

Fireplaces Type Decorative,Family Room

Laundry Inside,Stacked

Exterior

Garage Spaces 1.0

Garage Description 1.0

Fence Block,Vinyl,Wood

Pool None

Community Features Curbs,Street Lights,Sidewalks,Urban,Park

Utilities Available Cable Available,Electricity Connected,Natural Gas Connected,Phone Available,Sewer Connected,Water Connected

Roof Type Flat,Tile

Building

Lot Description 0-1 Unit/Acre,Front Yard,Near Park,Yard

Story 2

Foundation Raised

Sewer Public Sewer

Water Public

New Construction No

Others

Acceptable Financing Cash,Cash to New Loan,Conventional

Listing Terms Cash,Cash to New Loan,Conventional

Special Listing Condition Standard

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