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Listed by Hannah Steed • West Shores Realty, Inc.
$3,600,000
Est. payment /mo
4,688 SqFt
New
51 Kennebec Avenue Long Beach, CA 90803
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Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Square Footage 4,688 sqft
Price per Sqft $767
MLS Listing ID CRPV25116539
HOA Y/N No
Year Built 2024
Lot Size 8,504 Sqft
Property Sub-Type Triplex
Source Datashare California Regional
Property Description
Rare Coastal Triplex Investment Opportunity in Bluff Park | $17,500 Monthly Income | 5% CAP Rate Welcome to 51 Kennebec Avenue, Long Beach, CA 90803 — a rare opportunity to own a luxury, newly constructed triplex in the highly coveted Bluff Park Historic District near Belmont Heights and Alamitos Beach. Just one block from the ocean and moments from the beach, this premium coastal asset features three Mediterranean-style townhome units, all completed in 2024 and currently tenant-occupied, generating a total of $17,500/month ($210,000/year) in rental income with a 5% CAP rate. Situated on an expansive 8,501 SF lot, each unit boasts high-end finishes, private rooftop decks, and spacious modern layouts. Property Features: -3 Fully Rented Townhome-Style Units -All Units Built in 2024 | Mediterranean Architecture -Total: 9 Bedrooms | 9.5 Bathrooms -All Units Include Private Rooftop Decks -Unit 2230 Also Includes Private Side Yard -One Block from the ocean and Bluff Park -Walking Distance to Beach, Dining, and Shops Unit Breakdown: • 51 Kennebec Ave – 3 Bed | 3.5 Bath | Rooftop Deck | Ocean Views • 2234 E 1st St – 3 Bed | 2.5 Bath | Rooftop Deck • 2230 E 1st St – 3 Bed | 3.5 Bath | Rooftop Deck + Private Side Yard Whether you’re looking to expand your portfolio with a t
Location
State CA
County Los Angeles
Interior
Heating Central
Cooling Central Air
Flooring Vinyl
Fireplace No
Laundry Dryer, Washer, Other
Exterior
View Other
Building
Lot Description Corner Lot, Other, Landscaped, Paved
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