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Listing Details

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School Ratings & Info

Description

We are pleased to present 29, 33 and 35 Kennebec Ave. A 3-unit multifamily investment opportunity located in the Belmont heights in the city of Long Beach, one of the premier coastal housing markets in Southern California. The three-unit residence resides on a prominent corner lot in the historic Bluff Park neighborhood. One block from Ocean Boulevard, situated on a 6,531 SF lot, the 3,532 square foot property consists of 2 three-bedroom units and 1 one-bedroom unit. Upper unit balcony has stunning water views. Just a short walk away from the Bluff Park, ocean, unique shopping and dining. Enjoy owning a piece of history in this one-of-a-kind Seaside Community. This offering is only for the three-unit property (APN #: 7264-021-087) and does not include the adjacent land. Adjacent land is RTI ready for a three attached units is also available for sale, listing ID:OC20254390.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2021-09-19T17:27:21.203. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Wendy Rich-Soto and Associates | Keller Williams Realty, South Bay. Licensed in the State of California, USA.
www.sellinglasouthbay.com/homes/116120634
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29 Kennebec Long Beach, CA 90803

  • Price: $2,295,000
  • Status: Active
  • Updated: 70 min ago
  • ID#: OC21078453
0
Beds
0
Baths
0
½ Baths
0.15
Acres
3,532
SQFT
$650
$/SQFT
1920
Built
Neighborhood:
Bluff Park (Blf)
County:
Los Angeles
Area:
2 - Belmont Heights, Alamitos Heights
Property Description
We are pleased to present 29, 33 and 35 Kennebec Ave. A 3-unit multifamily investment opportunity located in the Belmont heights in the city of Long Beach, one of the premier coastal housing markets in Southern California. The three-unit residence resides on a prominent corner lot in the historic Bluff Park neighborhood. One block from Ocean Boulevard, situated on a 6,531 SF lot, the 3,532 square foot property consists of 2 three-bedroom units and 1 one-bedroom unit. Upper unit balcony has stunning water views. Just a short walk away from the Bluff Park, ocean, unique shopping and dining. Enjoy owning a piece of history in this one-of-a-kind Seaside Community. This offering is only for the three-unit property (APN #: 7264-021-087) and does not include the adjacent land. Adjacent land is RTI ready for a three attached units is also available for sale, listing ID:OC20254390.
Exterior Features

Foundation Details Raised Number Of Separate Electric Meters 3 Parking Total 2 Pool Features None Pool Private YN No Property Attached YN Yes

Interior Features

Appliances DishwasherDisposalGas RangeGas Water HeaterRefrigerator Common Walls 1 Common Wall Cooling None Cooling YN No Fireplace Features Family Room Fireplace YN Yes Heating Wall Furnace Heating YN Yes Interior Features Balcony

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Common Interest None Community Features Curbs Disclosures HistoricalPrincipal is Real Estate Licensed Electric Expense 30 Garage YN Yes Gross Income 103536 Gross Scheduled Income 104856 Insurance Expense 2600 Land Lease YN No Laundry Features Gas Dryer HookupIn Kitchen Levels Two Listing Agreement Exclusive Right With Exception Listing Service Full Service Listing Terms CashCash To New Loan Net Operating Income 73083 New Construction YN No New Taxes Expense 25245 Number Of Separate Gas Meters 3 Number Of Separate Water Meters 1 Number Of Units Leased 3 Operating Expense 31773 Property Sub Type Triplex Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays ElectricityGas Total Actual Rent 8628 Trash Expense 238 Water Sewer Expense 1995 Water Source Public

Listing provided courtesy of Ramin Favakehi of Ramin Favakehi, Broker


Based on information from California Regional Multiple Listing Service, Inc. as of 2021-09-19T17:27:21.203. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Wendy Rich-Soto and Associates | Keller Williams Realty, South Bay. Licensed in the State of California, USA.
 
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Wendy Rich-Soto and Associates | Keller Williams Realty, South Bay
23670 Hawthorne Blvd. #100
Torrance CA, 90505