CA > Long Beach > Bluff Park
Long Beach, CA 90803,51 Kennebec Avenue
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Long Beach, CA 90803,51 Kennebec Avenue
Long Beach, CA 90803,51 Kennebec Avenue
Long Beach, CA 90803,51 Kennebec Avenue
Long Beach, CA 90803,51 Kennebec Avenue
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Todd Kaufman

Todd Kaufman

+1(805) 206-4313
Listed by Hannah Steed • West Shores Realty, Inc.
$ 3,600,000
Est. payment /mo
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51 Kennebec Avenue Long Beach, CA 90803

4,688 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Square Footage 4,688 sqft

Price per Sqft $767

Subdivision Bluff Park

MLS Listing ID PV-25116539

Style Mediterranean

Year Built 2024

Lot Size 8,504 Sqft

Property Sub-Type Triplex

Property Description

Rare Coastal Triplex Investment Opportunity in Bluff Park | $17,500 Monthly Income | 5% CAP Rate Welcome to 51 Kennebec Avenue, Long Beach, CA 90803 -- a rare opportunity to own a luxury, newly constructed triplex in the highly coveted Bluff Park Historic District near Belmont Heights and Alamitos Beach. Just one block from the ocean and moments from the beach, this premium coastal asset features three Mediterranean-style townhome units, all completed in 2024 and currently tenant-occupied, generating a total of $17,500/month ($210,000/year) in rental income with a 5% CAP rate. Situated on an expansive 8,501 SF lot, each unit boasts high-end finishes, private rooftop decks, and spacious modern layouts. Property Features: -3 Fully Rented Townhome-Style Units -All Units Built in 2024 | Mediterranean Architecture -Total: 9 Bedrooms | 9.5 Bathrooms -All Units Include Private Rooftop Decks -Unit 2230 Also Includes Private Side Yard -One Block from the ocean and Bluff Park -Walking Distance to Beach, Dining, and Shops Unit Breakdown: o 51 Kennebec Ave - 3 Bed | 3.5 Bath | Rooftop Deck | Ocean Views o 2234 E 1st St - 3 Bed | 2.5 Bath | Rooftop Deck o 2230 E 1st St - 3 Bed | 3.5 Bath | Rooftop Deck + Private Side Yard Whether you're looking to expand your portfolio with a turnkey luxury coastal property or secure a long-term investment in one of Long Beach's most desirable neighborhoods, this is a one-of-a-kind opportunity you don't want to miss.

Location

State CA

County Los Angeles

Area 2 - Belmont Heights, Alamitos Heights

Zoning LBR3S

Interior

Interior Features Balcony, Recessed Lighting, Unfurnished

Heating Central

Flooring Vinyl

Fireplaces Type Fire Pit

Laundry Dryer Included, Electric Dryer Hookup, Washer Hookup, Washer Included

Exterior

Exterior Feature Lighting

Parking Features Direct Garage Access

Garage Spaces 3.0

Pool None

Community Features Curbs, Sidewalks, Street Lights

View Y/N Yes

View Peek-A-Boo

Building

Lot Description Corner Lot, Landscaped, Paved, Sprinklers Drip System, 2-5 Units/Acre

Sewer Public Sewer

agent

Todd Kaufman

Agent | License ID: 01893578

+1(805) 206-4313

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51 Kennebec Avenue