Active

179 Saint Joseph Avenue

Long Beach CA, 90803

$2,195,000


$728.75 per sqft

Active

3,012 sqft

Multi-family

Built in 1925

Listed by Candice Blair with Coldwell Banker Realty 949-249-6611

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 near 6%, 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.

OC24084448

MLS ID

April 26, 2024

Listed

May 18, 2024

Updated

Map

179 Saint Joseph Avenue
Long Beach CA, 90803

Interior Features

Total Stories

2


Interior Features

Beamed Ceilings, Balcony, Block Walls, Ceiling Fan(s), Crown Molding, Granite Counters, Track Lighting, Bedroom on Main Level, Walk-In Closet(s)


Appliances

Dishwasher, Free-Standing Range, Disposal, Gas Range, Microwave, Refrigerator, Range Hood, Tankless Water Heater, Vented Exhaust Fan, Dryer, Washer


Laundry Description

Inside, Stacked


Floor Description

Laminate, Vinyl, Wood


Fireplace

Yes


Fireplace Description

Decorative, Family Room


Cooling

Yes


Cooling Description

Ductless


Heating

Yes


Heating Description

Ductless, Wall Furnace

Exterior/Building Features

Lot Size

0.07 Acres


Exterior Features

Balcony


Lot Features

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


Architectual Style

Spanish


Roof

Flat, Tile


Sewer

Public Sewer

Other Property Details

Area Name

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


Days on Market

21


Garage

Yes


Garage Spaces

1


Parking Total

1


View

No


County

Los Angeles


Water Source

Public


Pool

No


Pool Features

None


Zoning

LBR2S


Buyer Agency Compensation

2%

Listing Contact: 949-249-6611 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 5/18/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 5/18/2024 at 11:37 PM UTC

 

Powered byLuxury Presence