Long Beach, CA 90803,51 Kennebec AVE
Long Beach, CA 90803,51 Kennebec AVE
Long Beach, CA 90803,51 Kennebec AVE
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$3,600,000
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8,502 Sqft Lot
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51 Kennebec AVE Long Beach, CA 90803

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Key Details

Property Type Single Family Home, Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Subdivision Bluff Park (Blf)

MLS Listing ID PV25116539

Construction Status Turnkey

HOA Y/N No

Year Built 2024

Lot Size 8,502 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:
• 51 Kennebec Ave – 3 Bed | 3.5 Bath | Rooftop Deck | Ocean Views
• 2234 E 1st St – 3 Bed | 2.5 Bath | Rooftop Deck
• 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, Quartz Counters, Recessed Lighting, Unfurnished, All Bedrooms Up, Primary Suite, Walk-In Closet(s)

Heating Central

Cooling Central Air

Flooring Vinyl

Fireplace Yes

Appliance Built-In Range, Dishwasher, Disposal, Gas Oven, Gas Range, Microwave, Refrigerator, Range Hood, Vented Exhaust Fan, Dryer, Washer

Laundry Washer Hookup, Electric Dryer Hookup

Exterior

Exterior Feature Lighting, Fire Pit

Parking Features Direct Access, Garage

Garage Spaces 3.0

Garage Description 3.0

Pool None

Community Features Curbs, Street Lights, Sidewalks

View Y/N Yes

View Neighborhood, Peek-A-Boo

Total Parking Spaces 6

Private Pool No

Building

Lot Description 2-5 Units/Acre, Corner Lot, Drip Irrigation/Bubblers, Landscaped, Paved

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Architectural Style Mediterranean

Level or Stories Two

New Construction No

Construction Status Turnkey

Others

Senior Community No

Tax ID 7264021086

Security Features Security System,Carbon Monoxide Detector(s),Security Gate,Security Lights

Acceptable Financing Cash, Conventional, 1031 Exchange

Listing Terms Cash, Conventional, 1031 Exchange

Special Listing Condition Standard


CRMLS – RECore
Listed by Hannah Steed West Shores Realty, Inc. 808-651-9675

GET MORE INFORMATION

agent

Frances Inda

Realtor | License ID: 01785933

+1(858) 753-3405

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51 Kennebec AVE