179 Saint Joseph AVE Active Save Request In-Person Tour Request Virtual Tour
Long Beach,CA 90803
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Subdivision Belmont Shore (Bsd)
MLS Listing ID OC24194680
Year Built 1925
Lot Size 3,057 Sqft
Property Description
Introducing this beautifully updated Spanish-style triplex, full of charm and modern upgrades, perfectly situated near the vibrant 2nd Street.
Unit 1: This spacious unit features 3 bedrooms and 1 bathroom, complete with stunning built-ins, wood flooring, a faux fireplace, and the convenience of a garage plus an additional parking space.
Unit 2: Offering 2 bedrooms and 1 bathroom, this unit shines with an updated kitchen, luxury laminate flooring, a remodeled bathroom, and a private patio.
Unit 3: A brand-new build, this unit includes 2 bedrooms and 1 bathroom, a beautifully designed kitchen and bathroom, luxury vinyl flooring, and new HVAC for year-round comfort.
Each unit is equipped with private laundry facilities and stainless steel appliances. Recent upgrades include 2 new electrical panels and 3 tankless water heaters, ensuring efficiency for both tenants and owner. Tenants cover all utilities except water, providing low-maintenance ownership while maximizing rental income.
With a strong CAP rate of 5.5% and minimal vacancies, this triplex offers an excellent investment opportunity. Combining classic Spanish architecture with modern conveniences in a highly desirable location, it’s an ideal choice for both investors and tenants. Seller Financing Available
Location
State CA
County Los Angeles
Area 1 - Belmont Shore/Park,Naples,Marina Pac,Bay Hrbr
Zoning LBR2S
Interior
Heating Ductless,Wall Furnace
Cooling Ductless
Flooring Laminate,Vinyl,Wood
Fireplaces Type Decorative,Family Room
Laundry Inside,Stacked
Exterior
Garage Spaces 1.0
Garage Description 1.0
Fence Block,Vinyl,Wood
Pool None
Community Features Curbs,Street Lights,Sidewalks,Urban,Park
Utilities Available Cable Available,Electricity Connected,Natural Gas Connected,Phone Available,Sewer Connected,Water Connected
Roof Type Flat,Tile
Building
Lot Description 0-1 Unit/Acre,Front Yard,Near Park,Yard
Story 2
Foundation Raised
Sewer Public Sewer
Water Public
New Construction No
Others
Acceptable Financing Cash,Cash to New Loan,Conventional
Listing Terms Cash,Cash to New Loan,Conventional
Special Listing Condition Standard