Long Beach, CA 90807,1136 E Ridgewood Street
Long Beach, CA 90807,1136 E Ridgewood Street
Long Beach, CA 90807,1136 E Ridgewood Street
11
$1,350,000
$1,399,000
3.5%
Est.Price: ?

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7 BD
4 BA
6,098 Sqft Lot

1136 E Ridgewood Street 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 Res Income 2-4 Units

Listing Status Sold

Purchase Type For Sale

MLS Listing ID PT24193090

Sold Date 11/07/24

Bedrooms 7

HOA Y/N No

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.
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 Long Beach (90807)

Zoning Appraiser

Interior

Heating Electric, Solar

Cooling Central Forced Air

Appliance Passive Solar

Building

Lot Description Curbs, Sidewalks

Story 1

Lot Size Range 4000-7499 SF

Level or Stories 1 Story

Others

Monthly Total Fees $31

Acceptable Financing Conventional

Space Rent $2,200

Listing Terms Conventional

Financing Conventional

Read Less


San Diego Regional MLS (SDMLS)
Listed by Varinder Kumar • Coldwell Banker West
Bought with Veronica Haro • Kimberly Rangell-Peleras, Broker

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Epique Realty

Company | License ID: DRE01797917

+1(512) 387-0722

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