1136 E Ridgewood Street, Long Beach, CA 90807
Triplex · 2 recorded sales since 2023
Sold November 2024
Listing Agent: Varinder Kumar (DRE #02059761) · Listing Office: Coldwell Banker West · Contact: 562-418-0998 · Bought with: Veronica Haro · Kimberly Rangell-Peleras, Broker · MLS #PT24193090 · Source: CRMLS
About this triplex
Discover an exceptional investment opportunity with this stunning triplex located at 1136 E Ridgewood Street in the highly desirable neighborhood of Bixby Knolls, Long Beach. This property has a blend of modern living and strategic investment with an attractive cap rate of 5.66. The triplex includes a front home with approximately 1136 square feet, 3 bedrooms, and 2 bathrooms, while each of the two back units approximately 650 square feet with 2 bedrooms and 1 bathroom. Key features include maximizing rental income potential and modern amenities such as fully paid-off solar panels. Located directly across from Clara Barton Elementary School, this property provides unmatched convenience for families in a charming community setting. Whether you're an investor seeking a high-yield asset or a home buyer interested in living in one unit while receiving rental income from the others, this property is the perfect choice. Don't miss the chance to own a piece of this thriving community.
Listing description from the November 2024 sale, as reported to CRMLS.
Sale history
