179 Saint Joseph Avenue
Long Beach, CA 90803
Active for $2,095,000
Beds: 7 Baths: 3 Structure Size: 3,012 sqft Lot Size: 3,059 sqft
| MLS | OC24194669 |
| Year Built | 1925 |
| Property Type | Triplex |
| County | Los Angeles |
| Status | Active |
| Active | $2,095,000 |
| Structure Size | 3,012 sqft |
| Lot Size | 3,059 sqft |
| Beds | 7 |
| Baths | 3 |
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
Listing information courtesy of: Candice Blair, Coldwell Banker Realty 949-466-0620. *Based on information from the Association of REALTORS/Multiple Listing as of 11/22/2024 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.
Location
Contact a Local Realtor®
Logan Allred
REALTOR®
Direct: 909.766.0552
Email: Email Me
DRE: 02145882
DRE #01873088
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