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.
MLS #
CRPT24193090
MLS Source
California Regional MLS
Appliances
Other
Cooling
Central Forced Air, Central Forced Air - Electric
Heating
Central Forced Air, Electric, Solar
Roof
Shingle
Pool
None
Garage/Parking
Garage: 0 Car(s)
HOA Fee
$0
# Buildings | # Leased Units | # Total Units |
---|---|---|
2 | 3 | 3 |
Unit # | Sq Ft | Beds | Baths | Rent |
---|---|---|---|---|
1 | 650 | – | 0/0 | – |
2 | 1,130 | – | 0/0 | – |
1136 E Ridgewood St is a Triplex in Long Beach, CA 90807. This – square foot property sits on a 6,098 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $1,350,000 and was built in 1947.
This address can also be written as 1136 E Ridgewood St, Long Beach, CA 90807.©2024 California Regional MLS. All rights reserved. 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. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from California Regional MLS.
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This listing information is up-to-date as of November 08, 2024. For the most current information, please contact Varinder Kumar