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51 Kennebec Avenue, Long Beach, CA 90803

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For Sale

$3,600,000

9 beds • 8 baths • 3 half baths • 4,688 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • $767.92
    Price per square foot

  • 1-5 Years Old
    Age

Explore this Property

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.
MLS# PV25116539

Courtesy Of West Shores Realty

(310) 541-8000

Property Features

  • Age
    1-5 Years Old
  • Amenities
    Security System, Security System
  • Appliances
    Dishwasher, Garbage Disposer, Microwave, Oven - Gas, Range, Range - Gas, Refrigerator, Washer
  • Architecture Style
    Mediterranean
  • Floor Covering
    Vinyl
  • Rooms
    Kitchen, Living Room

Map and Directions

Directions to 51 Kennebec Avenue, Long Beach, CA 90803

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Monthly Payment Breakdown

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† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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