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1136 E Ridgewood Street Long Beach, CA 90807
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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
Read Less

Bought with Veronica Haro Kimberly Rangell-Peleras, Broker