179 Saint Joseph Avenue, Long Beach, CA 90803

$2,095,000 Asking Price

7 beds
3 baths
3,012  sqft
Built in 1925

Introducing this beautifully updated Spanish-style triplex, full of charm and modern upgrades, perfectly situated near the vibrant 2nd Street. Unit 1: This spacious unit features 3 bedrooms and 1 bathroom, complete with stunning built-ins, wood flooring, a faux fireplace, and the convenience of a garage plus an additional parking space. Unit 2: Offering 2 bedrooms and 1 bathroom, this unit shines with an updated kitchen, luxury laminate flooring, a remodeled bathroom, and a private patio. Unit 3: A brand-new build, this unit includes 2 bedrooms and 1 bathroom, a beautifully designed kitchen and bathroom, luxury vinyl flooring, and new HVAC for year-round comfort. Each unit is equipped with private laundry facilities and stainless steel appliances. Recent upgrades include 2 new electrical panels and 3 tankless water heaters, ensuring efficiency for both tenants and owner. Tenants cover all utilities except water, providing low-maintenance ownership while maximizing rental income. With a strong CAP rate of 5.5% and minimal vacancies, this triplex offers an excellent investment opportunity. Combining classic Spanish architecture with modern conveniences in a highly desirable location, its an ideal choice for both investors and tenants. Seller Financing Available

Features & Amenities

Interior

General:
Balcony,Beamed Ceilings,Granite Counters,Track Lighting
Laundry:
Closet Stacked,Inside
Flooring:
Laminate,Linoleum/Vinyl,Wood
Heating:
Wall/Gravity
Fireplace:
FP in Family Room,Decorative
Disability Feature:
None

Exterior

General:
Asphalt
Style:
Mediterranean/Spanish
Pool:
None
Parking:
Parking spaces: 1

Construction

Roofing:
Tile/Clay,Flat
General:
2 Story

Location

HOA Amenities:
0.0
Originating MLS:
California Regional MLS
County:
Los Angeles

Lot

Zoning:
LBR2S, 7247001024
View:
N/K
Fencing:
Vinyl,Wood

Utilities

Utilities:
Cable Available,Electricity Connected,Natural Gas Connected,Phone Available,Sewer Connected,Water Connected
Water:
Public
Sewer:
Public Sewer

Financial

Source:
California Regional MLS

This listing courtesy of:
Coldwell Banker Realty, Candice Blair

About Long Beach, CA

Housing

Number of Units
175,024
Median Home Value
$609,280
Median Rent
$1,366

59.74% of housing units are renter occupied.

5.02% are vacant.

Commute

Car
66.45%
Public Transportation
4.19%
Walk to Work
2.20%
Work from Home
25.81%
Other
0.71%

The median travel time to work is 25 minutes.

People

Population
468,277
Median Age
36.00
Median Household Size
2.84

Education

High School
18.18%
Associate’s Degree
7.24%
Bachelor’s Degree
21.08%
Graduate Degree
11.09%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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