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$2,095,000

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7 BD

3 BA

3,057 Sqft Lot

Active

179 Saint Joseph AVE Long Beach, CA 90803

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Nathan King Real Estate Group

info@kingrealestate.group +1(559) 396-0000

UPDATED:

09/30/2024 06:03 PM

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Subdivision Belmont Shore (Bsd)

MLS Listing ID OC24194669

Bedrooms 7

Full Baths 3

Construction Status Turnkey

HOA Y/N No

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

Rooms

Main Level Bedrooms 4

Ensuite Laundry Inside, Stacked

Interior

Interior Features Beamed Ceilings, Balcony, Block Walls, Ceiling Fan(s), Crown Molding, Granite Counters, Track Lighting, Bedroom on Main Level, Walk-In Closet(s)

Laundry Location Inside,Stacked

Heating Ductless, Wall Furnace

Cooling Ductless

Flooring Laminate, Vinyl, Wood

Fireplaces Type Decorative, Family Room

Fireplace Yes

Appliance Dishwasher, Free-Standing Range, Disposal, Gas Range, Microwave, Refrigerator, Range Hood, Tankless Water Heater, Vented Exhaust Fan, Dryer, Washer

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

View Y/N No

View None

Roof Type Flat,Tile

Accessibility None

Attached Garage Yes

Total Parking Spaces 1

Private Pool No

Building

Lot Description 0-1 Unit/Acre, Front Yard, Near Park, Yard

Dwelling Type Triplex

Story 2

Entry Level Two

Foundation Raised

Sewer Public Sewer

Water Public

Architectural Style Spanish

Level or Stories Two

New Construction No

Construction Status Turnkey

Schools

School District Los Angeles Unified

Others

Senior Community No

Tax ID 7247001024

Security Features Carbon Monoxide Detector(s),Smoke Detector(s)

Acceptable Financing Cash, Cash to New Loan, Conventional

Listing Terms Cash, Cash to New Loan, Conventional

Special Listing Condition Standard

Listed by Candice Blair • Coldwell Banker Realty • 619-977-7617

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Nathan King Real Estate Group

Broker | License ID: 01878277

+1(559) 396-0000

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