179 Saint Joseph Avenue

Long Beach, CA 90803

$2,095,000

List Price

N/A

bed Beds

N/A

shower Baths

N/A sqft

straighten / sqft

1925

calendar_month Built

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

Listing Information

List Price $2,095,000
Status Active
MLS OC24194680
HOA $0
Type Residential Income
Subtype Triplex
Year Built 1925
Lot Size 3,059
Structure Size N/A
DOM 2
Courtesy Of Coldwell Banker Realty
Listing Agent Candice Blair DRE#01395953
Co-Listing Agent Ashly Frasso DRE#02063939

Interior Features

Laundry Information
Location(s) Inside, Stacked
Total Bedroom
Bedrooms N/A
Total Bathroom
Bathrooms N/A
Flooring Information
Material Laminate, Vinyl, Wood
Fireplace Information
Features Decorative, Family Room
Additional Information
Additional Features Beamed Ceilings, Balcony, Block Walls, Ceiling Fan(s), Crown Molding, Granite Counters, Track Lighting, Bedroom on Main Level, Walk-In Closet(s)
Cooling Type
Cooling Type Ductless

Exterior Information

Maps

Listing information courtesy of: Candice Blair, Ashly Frasso, Coldwell Banker Realty . *Based on information from the Association of REALTORS/Multiple Listing as of Sep 30th, 2024 at 6:03 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.