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51 Kennebec Avenue, Long Beach, CA 90803

Triplex

51 Kennebec Avenue, Long Beach, CA 90803 Sold October 2025 CRMLS
$3,100,000Sold October 2025

Listing Agent: Hannah Steed (DRE #02212070) · Listing Office: West Shores Realty, Inc. · Contact: 808-651-9675 · Bought with: Anthony Zueck · Bullock Russell RE Services · MLS #PV25116539 · Source: CRMLS

8,504 sqft
Lot Size
2024
Year Built
Triplex
Type
2
Stories
3
Garage
CentralAir
Cooling
Central
Heating
Neighborhood, PeekABoo
View

About this triplex

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.

Listing description from the October 2025 sale, as reported to CRMLS.

Sale history

$3,100,000
Sold October 2025 · listed $3,600,000, on market June 2025 · MLS #PV25116539 · Source: CRMLS
Listing Agent: Hannah Steed · Listing Office: West Shores Realty, Inc. · Contact: 808-651-9675 · Bought with: Anthony Zueck · Bullock Russell RE Services
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