$2,095,000
For Sale

179 Saint Joseph Avenue

Long Beach, CA 90803
0.07 acres | #OC24194680
Listing OfficeColdwell Banker Realty
Browse 25 photos
Type:Multi-Family
Structure:3 Family
Zone:Residential

Description

Introducing this beautifully updated Spanish-style triplex, full of charm and modern upgrades, perfectly situated near the vibrant 2nd Street.
Unit 1: This spacious unit features 3 bedrooms and 1 bathroom, complete with stunning built-ins, wood flooring, a faux fireplace, and the convenience of a garage plus an additional parking space.
Unit 2: Offering 2 bedrooms and 1 bathroom, this unit shines with an updated kitchen, luxury laminate flooring, a remodeled bathroom, and a private patio.
Unit 3: A brand-new build, this unit includes 2 bedrooms and 1 bathroom, a beautifully designed kitchen and bathroom, luxury vinyl flooring, and new HVAC for year-round comfort.
Each unit is equipped with private laundry facilities and stainless steel appliances. Recent upgrades include 2 new electrical panels and 3 tankless water heaters, ensuring efficiency for both tenants and owner. Tenants cover all utilities except water, providing low-maintenance ownership while maximizing rental income.
With a strong CAP rate of 5.5% and minimal vacancies, this triplex offers an excellent investment opportunity. Combining classic Spanish architecture with modern conveniences in a highly desirable location, it’s an ideal choice for both investors and tenants. Seller Financing Available

  • Interior Details
      • InteriorBeamedCeilings, Balcony, BlockWalls, CeilingFans, CrownMolding, GraniteCounters, TrackLighting, BedroomOnMainLevel, WalkInClosets
  • Property Details
      • Lot DescriptionZeroToOneUnitAcre, FrontYard, NearPark, Yard
      • Stories2
    • Measurements
      • Acres0.0702
    • Parking
      • Parking Spaces1
  • Construction Details
      • Property TypeMulti-Family
    • Condition
      • Year Built1925
    • Material information
      • FoundationRaised
  • Utilities / Energy Details
      • Utility FeaturesCableAvailable, ElectricityConnected, NaturalGasConnected, PhoneAvailable, SewerConnected, WaterConnected
      • Sewer InformationPublicSewer
      • Utility SourcePublic
  • Community and Neighborhood Details
      • SubdivisionBelmont Shore (BSD)
    • Location
      • CountyLos Angeles
  • Financial Details
      • Original List Price$2,095,000
  • Other
      • MLS #OC24194680

Location

Shane FalkensteinReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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