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listing
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Residential IncomeFor Sale
$2,125,000
179 Saint Joseph Avenue
Long Beach, CA 90803
Listed by Candice Blair DRE#01395953 [email protected] Coldwell Banker Realty
MLS: California Regional MLS (CRMLS)
Est. Mortgage
$11,069/mo

Welcome to this charming Spanish-style Tri-plex with character and modern updates, nestled in a prime location near 2nd Street. The First unit boasts 3 bedrooms and 1 bathroom, featuring beautiful built-ins, wood flooring, a faux fireplace, and a convenient garage and additional parking space. The Second unit offers 2 bedrooms and 1 bathroom, showcasing an updated kitchen and bathroom with luxury laminate flooring and private patio. The Third unit, a brand new build, features 2 bedrooms and 1 bathroom with a stunning kitchen and bathroom design. Luxury vinyl flooring and new HVAC. All units have been beautifully updated to include private laundry facilities and stainless steel appliances. The property has 2 new electrical pannels and 3 new tankless hot water heaters, ensuring efficiency and convenience for tenants and owner. Tenants are responsible for all utilities; except water and trash, this provides low owner maintenance while collecting top market rent. With minimal vacancy and a strong CAP Rate of 5.5%, this Tri-plex offers an excellent investment opportunity. Experience the abundance of 2nd location, Spanish architecture combined with modern amenities, making this property a standout choice for investors and renters alike.

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Information courtesy of Coldwell Banker Realty is subject to verification and is not guaranteed.
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