Property Details
About this Property
Rare Coastal Triplex Investment Opportunity in Bluff Park | $17,500 Monthly Income | 5% CAP Rate Welcome to 51 Kennebec Avenue, Long Beach, CA 90803 — a rare opportunity to own a luxury, newly constructed triplex in the highly coveted Bluff Park Historic District near Belmont Heights and Alamitos Beach. Just one block from the ocean and moments from the beach, this premium coastal asset features three Mediterranean-style townhome units, all completed in 2024 and currently tenant-occupied, generating a total of $17,500/month ($210,000/year) in rental income with a 5% CAP rate. Situated on an expansive 8,501 SF lot, each unit boasts high-end finishes, private rooftop decks, and spacious modern layouts. Property Features: -3 Fully Rented Townhome-Style Units -All Units Built in 2024 | Mediterranean Architecture -Total: 9 Bedrooms | 9.5 Bathrooms -All Units Include Private Rooftop Decks -Unit 2230 Also Includes Private Side Yard -One Block from the ocean and Bluff Park -Walking Distance to Beach, Dining, and Shops Unit Breakdown: • 51 Kennebec Ave – 3 Bed | 3.5 Bath | Rooftop Deck | Ocean Views • 2234 E 1st St – 3 Bed | 2.5 Bath | Rooftop Deck • 2230 E 1st St – 3 Bed | 3.5 Bath | Rooftop Deck + Private Side Yard Whether you’re looking to expand your portfolio wi
MLS Listing Information
MLS #
CRPV25116539
MLS Source
California Regional MLS
Days on Site
21
Interior Features
Kitchen
Exhaust Fan
Appliances
Dishwasher, Exhaust Fan, Garbage Disposal, Hood Over Range, Microwave, Oven - Gas, Oven Range - Built-In, Oven Range - Gas, Refrigerator, Dryer, Washer
Cooling
Central Forced Air
Heating
Central Forced Air
Exterior Features
Pool
None
Style
Mediterranean
Parking, School, and Other Information
Garage/Parking
Garage, Garage: 3 Car(s)
HOA Fee
$0
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 1 | 3 | 3 |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
51 Kennebec Ave is a Triplex in Long Beach, CA 90803. This – square foot property sits on a 8,504 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $3,600,000 and was built in 2024. This address can also be written as 51 Kennebec Ave, Long Beach, CA 90803.
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This listing information is up-to-date as of July 17, 2025. For the most current information, please contact Hannah Steed
