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, it’s an ideal choice for both investors and tenants. Seller Financing Available

Features & Amenities

Interior

General:
Stone Counters, Energy Star Windows Doors
Appliances:
Dishwasher, Disposal, Gas Range, Microwave, Free-Standing Range, Refrigerator, Tankless Water Heater
Laundry:
Dryer, Washer, Other, Inside
Flooring:
Laminate, Vinyl, Wood
A/C:
true, Ceiling Fan(s), Other
Heating:
true, Wall Furnace
Fireplace:
Decorative, Family Room, Fireplace
Disability Feature:
None

Exterior

General:
Front Yard, Other
Style:
Spanish
Pool:
None
Parking:
Attached

Construction

Windows:
Double Pane Windows
General:
Asphalt, 2, Raised

Location

HOA Amenities:
Park, 0.0
School District:
Los Angeles Unified
County:
Los Angeles

Lot

Zoning:
LBR2, 7247001024
View:
None
Fencing:
Vinyl, Wood

Utilities

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

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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