179 Saint Joseph ave, Long Beach, CA 90803
Active
$1,998,000
3 Units
7 Beds
3 Baths
3,012 Area(sq.ft.)
Lot: 3,059 Lot Size(sq.ft.)
| Type | # of Units | Bedroom | Bath | Furnished | Rent | Actual Rent | Projected Rent |
|---|---|---|---|---|---|---|---|
| Unit 1 | 1 | 3 | 1 | No | $ 4,200 | $ 4,200 | $ 4,400 |
| Unit 2 | 1 | 2 | 1 | No | $ 3,295 | $ 3,295 | $ 3,400 |
| Unit 3 | 1 | 2 | 1 | No | $ 2,695 | $ 2,695 | $ 2,800 |
| 3 | 7 | 3 | $ 10,190 | $ 10,190 | $ 10,600 |
| MLS #: | OC25061760MR |
| Days On Market: | 35 |
| Listing Date: | March 20, 2025 |
| County: | Los Angeles |
| Property Type: | Residential Income |
| Price per ft2: | $ 663 |
| Price per unit: | $ 666,000 |
| Year Built: | 1925 |
Property Details
Welcome to this stunning Spanish-style tri-plex in the coveted Belmont Shore neighborhood, perfectly blending classic charm with modern updates. This turnkey property is an exceptional investment opportunity, currently generating high market rent and located in a prime location off 2nd Street. Each unit offers a unique and inviting living space, featuring beautiful Spanish architecture paired with contemporary upgrades. The property boasts new tankless hot water heaters for each unit and newly installed electrical panels, updated bathrooms, kitchens and flooring, ensuring efficiency and peace of mind for both tenants and owner. Unit 1: This spacious 3-bedroom, 1-bathroom unit boasts stunning built-ins, elegant wood flooring, a faux fireplace, and the added convenience of a garage plus an additional parking space. Unit 2: A bright and airy 2-bedroom, 1-bathroom unit featuring an updated kitchen, luxurious laminate flooring, a remodeled bathroom, and a private patio for outdoor enjoyment. Unit 3: A brand-new construction offering 2 bedrooms and 1 bathroom, with a beautifully designed kitchen and bathroom, luxury vinyl flooring, and a new HVAC system for year-round comfort. With a strong rental history and minimal vacancies, this tri-plex offers consistent income potential while requiring little maintenance. Its desirable location in Belmont Shore places residents within walking distance to the beach, trendy shops, restaurants, and vibrant local attractions. Whether you're an investor seeking a high-performing asset or looking to owner occupy, this property has strong rental returns. Don t miss the chance to own this stunning investment property.Interested in this Listing?
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Income Details
| Rent Control: | False |
| Total Annual Expense: | $ 5,004 |
| Net Operating Income: | $ 117,276 |
Structure
| Community Features: | Curbs, Sidewalks, Street Lights, Urban |
| Security Features: | Carbon Monoxide Detector(s), Smoke Detector |
| Style: | Spanish |
| Sewer: | Public Sewer |
| Water: | Public |
Land & Parking
| Zoning: | LBR2S |
| Land Lease Type: | Fee |
Interior
| Cooking Appliances: | Microwave, Range |
| AC/Cooling: | Ductless |
| Equipment: | Dishwasher, Dryer, Dryer Included, Inside, Laundry Closet Stacked, Microwave, Refrigerator, Stackable W/D Hookup, Vented Exhaust Fan, Washer, Washer Included |
| Heating: | Ductless, Wall |
| Fireplace Rooms: | Decorative, Family Room |
| Laundry: | Dryer, Dryer Included, Inside, Laundry Closet Stacked, Stackable W/D Hookup, Washer, Washer Included |
Exterior
| Exterior Construction: | Asphalt |
| Pool: | No |
| Roof: | Flat, Tile |
| Spa: | No |
Detailed Map
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