179 Saint Joseph Avenue Long Beach, CA $ 2,195,000
179 Saint Joseph Avenue
$ 2,195,000
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179 Saint Joseph Avenue

Long Beach, CA, 90803
$ 2,195,000
Bedrooms7 Baths3.0 Sq 3,012

Monthly Estimate*

$ 15,333

Listed by Coldwell Banker Realty
179 Saint Joseph Avenue, Long Beach, CA 90803 - Image 1
179 Saint Joseph Avenue, Long Beach, CA 90803 - Image 2
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179 Saint Joseph Avenue, Long Beach, CA 90803 - Image 10
179 Saint Joseph Avenue, Long Beach, CA 90803 - Image 11
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179 Saint Joseph Avenue, Long Beach, CA 90803 - Image 18

Multi-Family Home for sale in Long Beach, CA

for $2,195,000 with 7 bedrooms and 3 full baths. This 3,012 square foot home was built in 1925 on a lot size of 0.0702.

Welcome to this charming Spanish-style Tri-plex with character and modern updates, nestled in a prime location near 2nd Street. The First unit boasts 3 bedrooms and 1 bathroom, featuring beautiful built-ins, wood flooring, a faux fireplace, and a convenient garage and additional parking space. The Second unit offers 2 bedrooms and 1 bathroom, showcasing an updated kitchen and bathroom with luxury laminate flooring and private patio. The Third unit, a brand new build, features 2 bedrooms and 1 bathroom with a stunning kitchen and bathroom design. Luxury vinyl flooring and new HVAC. All units have been beautifully updated to include private laundry facilities and stainless steel appliances. The property has 2 new electrical pannels and 3 new tankless hot water heaters, ensuring efficiency and convenience for tenants and owner. Tenants are responsible for all utilities; except water and trash, this provides low owner maintenance while collecting top market rent. With minimal vacancy and a strong CAP Rate of near 6%, this Tri-plex offers an excellent investment opportunity. Experience the abundance of 2nd location, Spanish architecture combined with modern amenities, making this property a standout choice for investors and renters alike.

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Multi-Family Active

Price

$ 2,195,000

Bedrooms

7

Full Bath

3

Property Type

Multi-Family

Taxes

$ 0

Style

Spanish

Lot Size

0.0702

Year Built

1925

Town/City

Long Beach

County/Region

Los Angeles

MLS | Web ID

OC24084448

Days on Market

14

Features
General
Interior Features BeamedCeilings Balcony BlockWalls CeilingFans CrownMolding GraniteCounters TrackLighting BedroomonMainLevel WalkInClosets
Sewer PublicSewer
Heating Ductless WallFurnace
Cooling Ductless
Utilities CableAvailable ElectricityConnected NaturalGasConnected PhoneAvailable SewerConnected WaterConnected
Roof Flat Tile
Appliances Dishwasher FreeStandingRange Disposal GasRange Microwave Refrigerator RangeHood TanklessWaterHeater VentedExhaustFan Dryer Washer
Exterior Features Balcony
Zoning LBR2S
HOA 0.0
Garage Spaces 1.0
Patio/Porch Features Balcony
Architectural Style Spanish
Pool Features None
Security Features CarbonMonoxideDetectors SmokeDetectors
Construction Materials Asphalt
Year Built 1925
Electric ElectricityOnProperty
Tenant Pays CableTV Electricity Gas Telephone
Property SubType Triplex
Gross Income 125940.0
Community Features Curbs StreetLights Sidewalks Urban Park
Accessibility None
County Los Angeles
Net Operating Income 120936.0
Operating Expense 1584.0
Insurance Expense 3024.0
New Construction N
Property Type ResidentialIncome
HOA / Comm Assn N
Attached Garage N
Subdivision Name Belmont Shore (BSD)
Garage Y/N Y
Special Listing Conditions Standard
Status Active
Directions Follow CA-22 W Straight onto E 7th St Turn left onto Park Ave. Turn left onto E Division St Turn left onto St Joseph Ave
City Long Beach
Disclosures FloodPlainDisclosure
Entry Location Front
View Y/N N
Senior Community Y/N N
Total Units 3
MLS Area 1 - Belmont Shore/Park Naples Marina Pac Bay Hrbr
Lot Size Square Feet 3059.0
Private Pool N
Waterfront Y/N N
Carport Y/N N
Number of Units Leased 2
Street Name Saint Joseph
Listing Terms Cash CashtoNewLoan Conventional
Spa Features None
Property Attached Y/N N
Land Lease Y/N N
Home Warranty Y/N N
Property Condition Turnkey
Trash Expense 0.0
Water Sewer Expense 624.0
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Days on Market 1
Building Area Units SquareFeet
Standard Status Active
Year Built Source PublicRecords
Tax Lot 24
Property Sub Type Additional Triplex
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Interior
Flooring Laminate Vinyl Wood
Fireplace Features Decorative FamilyRoom
Total Stories 2
Common Walls NoCommonWalls
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Window Features DoublePaneWindows ENERGYSTARQualifiedWindows
Fireplace Y/N Y
Street Suffix Avenue
Laundry Features Inside Stacked
Entry Level 1
Electric On Property Y/N N
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Exterior
Fencing Block Vinyl Wood
Lot Features Item01UnitAcre FrontYard NearPark Yard
Water Source Public
Total Parking 1.0
Lot Size Area 3059.0
Foundation Details Raised
Number of Buildings 1
Spa N
Building Area Total 3012.0
Lot Size Acres 0.0702
Road Surface Type Paved
Lot Size Units SquareFeet
Lot Size Source Assessor
Door Features FrenchDoors SlidingDoors
Number of Separate Water Meters 1
Number of Separate Gas Meters 3
Number of Separate Electric Meters 3
Road Frontage Type CityStreet
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 179
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* Excluded Features
List By
Coldwell Banker Realty

Broker

(949) 249-6611

Phone

Affordability Calculator

$15,333
Per Month
100%
0%
0%
Monthly Principal & Interest
$15,333
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% 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. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
273443 Elementary School
272636 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/28/2024$2,195,000 Listed Price

Map


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179 Saint Joseph Avenue, Long Beach, CA, 90803 is a Multi-Family Home for sale at $2,195,000 with 3,012 sqft and a lot size of 0.0702. 179 Saint Joseph Avenue has 7 bedrooms, 3.0 baths, and was built in 1925. The property's zip code is 90803 which is in Long Beach, CA