Sold
Closed
1136 E Ridgewood Street
Long Beach CA, 90807
$1,350,000
$549.67 per sqft
Sold
Closed
2,456 sqft
Multi-family
Built in 1947
Listed by Varinder Kumar with Coldwell Banker West 562-418-0998
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.
PT24193090
MLSⓇ ID
September 17, 2024
Listed
December 5, 2024
Updated
Map
1136 E Ridgewood Street
Long Beach CA, 90807
Interior Features
Total Stories
1
Interior Features
All Bedrooms Down, Bedroom on Main Level
Laundry Description
Electric Dryer Hookup, Gas Dryer Hookup, Inside
Fireplace
Yes
Fireplace Description
Gas
Cooling
Yes
Cooling Description
Central Air, Electric
Heating
Yes
Heating Description
Central, Electric, Solar
Exterior/Building Features
Lot Size
0.14 Acres
Lot Features
Back Yard, Front Yard
Roof
Shingle
Sewer
Public Sewer
Other Property Details
Area Name
6 - Bixby, Bixby Knolls, Los Cerritos
Days on Market
5
Garage
No
Parking
Uncovered
Parking Total
0
View
No
County
Los Angeles
Water Source
Public
Pool
No
Pool Features
None
Zoning
LBR1N
Listing History
Date | Event | Price |
|---|---|---|
11/8/2024 | Sold | $1,350,000 |
10/22/2024 | Pending | — |
10/6/2024 | Under contract | — |
10/5/2024 | Active | — |
9/30/2024 | Under contract | — |
Listing Contact: 619-271-9500
Based on information from the California Regional Multiple Listing Service (CRMLS) as of 12/5/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.
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Data last updated on 12/5/2024 at 1:32 PM UTC