1136 E Ridgewood Street, Long Beach, CA 90807
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Listed Price :
$1,399,000
-
Beds :
N/A
-
Baths :
N/A
-
Property Size :
N/A sqft
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Year Built :
1947
Property Description
Discover an exceptional investment opportunity with this stunning triplex located at 1136 E Ridgewood Street in the highly desirable neighborhood of Bixby Knolls, Long Beach. This property has a blend of modern living and strategic investment with an attractive cap rate of 5.66. The triplex includes a front home with approximately 1136 square feet, 3 bedrooms, and 2 bathrooms, while each of the two back units approximately 650 square feet with 2 bedrooms and 1 bathroom. Key features include maximizing rental income potential and modern amenities such as fully paid-off solar panels. Located directly across from Clara Barton Elementary School, this property provides unmatched convenience for families in a charming community setting. Whether you're an investor seeking a high-yield asset or a home buyer interested in living in one unit while receiving rental income from the others, this property is the perfect choice. Don't miss the chance to own a piece of this thriving community.
Interior Features
Laundry Information |
Location(s) |
Electric Dryer Hookup, Gas Dryer Hookup, Inside |
Bedroom Information |
Features |
Bedroom on Main Level, All Bedrooms Down |
Bedrooms |
N/A |
Bathroom Information |
Bathrooms |
N/A |
Interior Information |
Features |
All Bedrooms Down, Bedroom on Main Level |
Cooling Type |
Central Air, Electric |
Listing Information
Address |
1136 E Ridgewood Street |
City |
Long Beach |
State |
CA |
Zip |
90807 |
County |
Los Angeles |
Listing Agent |
Varinder Kumar DRE #02059761 |
Courtesy Of |
Coldwell Banker West |
List Price |
$1,399,000 |
Status |
Active |
Type |
Residential Income |
Subtype |
Triplex |
Structure Size |
N/A |
Lot Size |
6,098 |
Year Built |
1947 |
Listing information courtesy of: Varinder Kumar, Coldwell Banker West. *Based on information from the Association of REALTORS/Multiple Listing as of Sep 20th, 2024 at 6:33 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.