Long Beach, CA 90807,1136 E Ridgewood Street
Long Beach, CA 90807,1136 E Ridgewood Street
Long Beach, CA 90807,1136 E Ridgewood Street
12
$1,350,000
$1,399,000
3.5%
Est.Price: ?

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7 BD
4 BA

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 Single Family Home

Listing Status Sold

Purchase Type For Sale

Subdivision Bixby Knolls (Bk)

MLS Listing ID PT24193090

Bedrooms 7

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.

Location

State CA

County Los Angeles

Zoning Appraiser

Interior

Heating Passive Solar

Cooling Central Forced Air

Exterior

View Y/N No

Building

Story 1

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MLS Router / San Diego MLS
Listed by Varinder Kumar Coldwell Banker West
Bought with Veronica Haro Kimberly Rangell-Peleras, Broker

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agent

Del Raymond

Agent | License ID: 01949132

+1(619) 572-9750

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