1136 E Ridgewood Street
Long Beach, CA 90807
0.14 acres | #PT24192284
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 (Unit 1136) with approximately 1,136 square feet, 3 bedrooms, and 2 bathrooms, while Units 1140 and 1140 A each approximately 650 square feet with 2 bedrooms and 1 bathroom. Key features include maximizing rental income potential, generating a total monthly income of $7,650, 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.
Interior Details
- InteriorAllBedroomsDown, BedroomonMainLevel
Property Details
- Lot DescriptionBackYard, FrontYard
- Stories1
Measurements
- Acres0.14
Construction Details
- Property TypeMulti-Family
Condition
- Year Built1947
Utilities / Energy Details
- Utility FeaturesElectricityConnected
- Sewer InformationPublicSewer
- Utility SourcePublic
Community and Neighborhood Details
- SubdivisionBixby Knolls (BK)
Location
- CountyLos Angeles
Financial Details
- Original List Price$1,399,000
Other
- MLS #PT24192284
Location
Legal
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of the most recent time synced and /or other sources. 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
Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: Varinder Kumar (#PT818979)
Listing Office: Coldwell Banker West (#PT87017)
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.
