Long Beach, CA 90807,1136 E Ridgewood ST
Long Beach, CA 90807,1136 E Ridgewood ST
Long Beach, CA 90807,1136 E Ridgewood ST
12
$1,350,000
$1,399,000
3.5%
Est.Price: ?

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6,098 Sqft Lot

1136 E Ridgewood ST Long Beach, CA 90807

Est. payment /mo
SOLD DATE : 11/07/2024

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Key Details

Sold Price $1,350,000

Property Type Multi-Family

Sub Type Triplex

Listing Status Sold

Purchase Type For Sale

MLS Listing ID CRPT24193090

Sold Date 11/07/24

Originating Board California Regional MLS

Year Built 1947

Lot Size 6,098 Sqft

Property Description

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.

Location

State CA

County Los Angeles

Area 6 - Bixby, Bixby Knolls, Los Cerritos

Interior

Heating Solar, Central Forced Air, Electric

Cooling Central AC, Central Forced Air - Electric

Laundry Other, 38

Exterior

Garage Uncovered Parking

Pool None

Roof Type Shingle

Building

Story One Story

Water District - Public

Others

Tax ID 7135009010

Special Listing Condition Not Applicable

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MLS Listing IDX PLUS
Listed by Varinder Kumar • Coldwell Banker West
Bought with Veronica Haro

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Epique Realty

Company | License ID: DRE01797917

+1(512) 387-0722

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