179 Saint Joseph Avenue
Long Beach,
CA
90803
Property Details
List Price: |
$2,195,000 |
Beds: |
7 |
Baths: |
3 |
Status: |
Active |
SqFt: |
3012 |
Agency: |
Coldwell Banker Residential Brokerage |
Description/Comments
Lot Size: |
3,059 sqft |
Property Type: |
MultiFamily |
Year Built: |
1925 |
Notes: |
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. <br />
<br />
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.<br />
<br />
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. |
MlsNumber: |
OC24084448 |
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Listing Provided By: |
Coldwell Banker Residential Brokerage, original listing |
Name: |
Coldwell Banker Residential Brokerage |
Phone: |
(800) 500-4053 |
Office Name: |
Coldwell Banker Realty |
Office Phone: |
(949) 249-6611 |
Agent Name: |
Candice Blair |
Disclaimer: |
Copyright © 2024 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. |