51 Kennebec Avenue

Long Beach, CA 90803

  • 9 Bed(s)
  • 9.5 Bath(s)
  • 4,688 Sqft
  • 8504
    Sqft(Lot)
$3,600,000

Description

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 with a turnkey luxury coastal property or secure a long-term investment in one of long beach’s most desirable neighborhoods, this is a one-of-a-kind opportunity you don’t want to miss.

  • Property Type

    Residential Income

  • County

    Los Angeles

  • Style

    Mediterranean

  • AD ID

    50281228

Sell a home like this and save $215,501 Find Out How

Statistics Bottom Ads 1
Google Ads

Property Details

  • Water/Sewer

    • Water Source : Public
    • Sewer : Public Sewer

    Interior Features

    • Exterior Property Features : Lighting,Fire Pit
    • Interior Features: Balcony,Quartz Counters,Recessed Lighting,Unfurnished,All Bedrooms Up,Primary Suite,Walk-In Closet(s)
    • Property Appliances: Built-In Range,Dishwasher,Disposal,Gas Oven,Gas Range,Microwave,Refrigerator,Range Hood,Vented Exhaust Fan,Dryer,Washer
    • Flooring: Vinyl

    Cooling Features

    • Central Air
    • Air Conditioning

    Heating Source

    • Central
    • Has Heating

    Fireplace

    • Has Fireplace: 1

  • Building Information

    • Year Built: 2024
    • Building Area Total: 4,688

    Exterior Features

    • Lighting,Fire Pit

    Security Features

    • Security System,Carbon Monoxide Detector(s),Security Gate,Security Lights

    Pool Features

    • None

    Laundry Features

    • Washer Hookup,Electric Dryer Hookup

  • Lot Details

    • Lot Dimensions Source: Vendor Enhanced
    • Lot Size Acres: 0.1952
    • Lot Size Source: Assessor
    • Lot Size Square Feet: 8504

  • Listing Price Information

    • Original List Price: 3,600,000
    • Listing Contract Date: 2025-06-25

    Lease Information

    • Listing Agreement: Exclusive Right To Sell

  • Tax Information

    • Parcel Number: 7264021086

  • Garage and Parking

    • Garage Description: Direct Access,Garage

    Homeowners Association

    Rental Info

    • Lease Term: Negotiable
    • Tenant Pays: All Utilities

  • Other Property Info

    • Source Listing Status: Active
    • Source Neighborhood: 2 - Belmont Heights, Alamitos Heights
    • Postal Code Plus 4: 2428
    • Directions: Kennebec and Ocean Blvd
    • Zoning: LBR3S
    • Source Property Type: Residential Income
    • Area: 2 - Belmont Heights, Alamitos Heights
    • Property SubType: Triplex

    Building and Construction

    • Property Age: 1
    • Common Walls: 2+ Common Walls,End Unit,No One Above,No One Below
    • Property Condition: Turnkey
    • Structure Type: Triplex
    • Year Built Source: Appraiser
    • Entry Level: 1
    • Entry Location: Kennebec & First
    • Property Attached: Yes
    • Levels or Stories: Two
    • Building Total Stories: 2
Statistics Bottom Ads 2
Google Ads
Sidebar Ads 1
Google Sidebar Ads
Learn More about this Property
Sidebar Ads 2
Google Sidebar Ads
Sidebar Ads 2
Google Sidebar Ads

Copyright © 2025 by the Multiple Listing Service of the California Regional MLS®. This information is believed to be accurate but is not guaranteed. Subject to verification by all parties. This data is copyrighted and may not be transmitted, retransmitted, copied, framed, repurposed, or altered in any way for any other site, individual and/or purpose without the express written permission of the Multiple Listing Service of the California Regional MLS®. Information Deemed Reliable But Not Guaranteed. Any use of search facilities of data on this site, other than by a consumer looking to purchase real estate, is prohibited.

BuyOwner last updated this listing 07/04/2025 @ 13:40

  • MLS: PV25116539
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: CRMLS

is a Home, with 9 bedrooms which is for sale, it has 4,688 sqft, 8,504 sized lot, and 3 parking. are nearby neighborhoods.