Mediterranean

51 Kennebec Avenue

Long Beach , CA 90803

MLS#: PV25116539

$3,600,000

Status: Active
Listing number: PV25116539
Listing provided by: West Shores Realty, Inc.
Listing agent phone: None
Last update: 9 days ago
On site: a month ago
Browse Properties
Bluff Park (BLF) - Residential Income

Property

Beds

None

Full Baths

None

1/2 Baths

None

Year Built

2024

Sq.Footage

N/A

Rare Coastal Triplex Investment Opportunity in Bluff Park | $17,500 Monthly Income | 5% CAP Rate Welcome to 51 Kennebec Avenue, Long Beach, CA 90803 — a rare opportunity to own a luxury, newly constructed triplex in the highly coveted Bluff Park Historic District near Belmont Heights and Alamitos Beach. Just one block from the ocean and moments from the beach, this premium coastal asset features three Mediterranean-style townhome units, all completed in 2024 and currently tenant-occupied, generating a total of $17,500/month ($210,000/year) in rental income with a 5% CAP rate. Situated on an expansive 8,501 SF lot, each unit boasts high-end finishes, private rooftop decks, and spacious modern layouts. Property Features: -3 Fully Rented Townhome-Style Units -All Units Built in 2024 | Mediterranean Architecture -Total: 9 Bedrooms | 9.5 Bathrooms -All Units Include Private Rooftop Decks -Unit 2230 Also Includes Private Side Yard -One Block from the ocean and Bluff Park -Walking Distance to Beach, Dining, and Shops Unit Breakdown: • 51 Kennebec Ave – 3 Bed | 3.5 Bath | Rooftop Deck | Ocean Views • 2234 E 1st St – 3 Bed | 2.5 Bath | Rooftop Deck • 2230 E 1st St – 3 Bed | 3.5 Bath | Rooftop Deck + Private Side Yard Whether you’re looking to expand your portfolio with a turnkey luxury coastal property or secure a long-term investment in one of Long Beach’s most desirable neighborhoods, this is a one-of-a-kind opportunity you don’t want to miss.

Features & Amenities

Interior

  • Other Interior Features

    Recessed Lighting, Walk-In Closet(s)

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Cooling YN

    YES

  • Cooling

    N/A

  • Fireplace YN

    YES

  • Heating YN

    YES

  • Heating

    Central

Exterior

  • Garage

    Yes

  • Garage spaces

    3

  • Other Exterior Features

    Balcony, Lighting, Fire Pit

  • Parking

    Direct Access, Garage

  • Pool

    Yes

  • Pool Features

    None

  • View

    Neighborhood

Area & Lot

  • Lot Features

    Corner Lot, Landscaped, Paved

  • Lot Size(acres)

    0.1952

  • Property Type

    Residential Income

  • Property Sub Type

    Triplex

  • Architectural Style

    Mediterranean

Price

  • Sales Price

    $3,600,000

  • Sq. Footage

    N/A

  • Price/SqFt

    N/A

HOA

  • Association

    NO

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Stories

    2

  • Senior Community YN

    NO

  • Sewer

    Public Sewer

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Location

County

Los Angeles

Elementary School

Middle School

High School

Listing Courtesy of Hannah Steed , West Shores Realty, Inc.

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Rare Coastal Triplex Investment Opportunity in Bluff Park | $17,500 Monthly Income | 5% CAP Rate Welcome to 51 Kennebec Avenue, Long Beach, CA 90803 — a rare opportunity to own a luxury, newly constructed triplex in the highly coveted Bluff Park Historic District near Belmont Heights and Alamitos Beach. Just one block from the ocean and moments from the beach, this premium coastal asset features three Mediterranean-style townhome units, all completed in 2024 and currently tenant-occupied, generating a total of $17,500/month ($210,000/year) in rental income with a 5% CAP rate. Situated on an expansive 8,501 SF lot, each unit boasts high-end finishes, private rooftop decks, and spacious modern layouts. Property Features: -3 Fully Rented Townhome-Style Units -All Units Built in 2024 | Mediterranean Architecture -Total: 9 Bedrooms | 9.5 Bathrooms -All Units Include Private Rooftop Decks -Unit 2230 Also Includes Private Side Yard -One Block from the ocean and Bluff Park -Walking Distance to Beach, Dining, and Shops Unit Breakdown: • 51 Kennebec Ave – 3 Bed | 3.5 Bath | Rooftop Deck | Ocean Views • 2234 E 1st St – 3 Bed | 2.5 Bath | Rooftop Deck • 2230 E 1st St – 3 Bed | 3.5 Bath | Rooftop Deck + Private Side Yard Whether you’re looking to expand your portfolio with a turnkey luxury coastal property or secure a long-term investment in one of Long Beach’s most desirable neighborhoods, this is a one-of-a-kind opportunity you don’t want to miss.

51 Kennebec Avenue

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