- – beds
- – baths
- – sqft
- 8,504 sqft lot
- 2024 build
- – on site
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.
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Last updated Jun 27, 2025
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MLS# PV25116539 —
This property is listed in more than one place. See it here.
The Building
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Year Built:2024
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Year Built Source:Appraiser
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New Construction:No
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Building Area Total:4688.00
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Building Area Units:Square Feet
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Total Number Of Units:3
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# of Buildings:1
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Architectural Style:Mediterranean
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Exterior Features:Lighting
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Stories Total:2
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Entry Level:1
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Number With Patio:3
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Common Walls:2+ Common Walls, End Unit, No One Above, No One Below
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# of Separate Gas Meters:3
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# of Separate Water Meters:3
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# of Separate Electric Meters:3
Interior
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Features:Balcony, Quartz Counters, Recessed Lighting, Unfurnished
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Levels:Two
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Entry Location:Kennebec & First
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Flooring:Vinyl
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Room Type:All Bedrooms Up, Kitchen, Living Room, Primary Bathroom, Primary Bedroom, Primary Suite, Walk-In Closet
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Number Wall AC:3
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Fireplace:Yes
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Fireplace:Fire Pit
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Laundry:Dryer Included, Electric Dryer Hookup, Washer Hookup, Washer Included
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Laundry:1
Financial & Terms
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Disclosures:Historical
Location
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Directions:Kennebec and Ocean Blvd
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Latitude:33.76474700
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Longitude:-118.16489100
The Property
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Property Type:Residential Income
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Subtype:Triplex
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Property Condition:Turnkey
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Zoning:LBR3S
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Lot Features:2-5 Units/Acre, Corner Lot, Landscaped, Paved, Sprinklers Drip System
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Lot Size Area:8504.0000
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Lot Size Acres:0.1952
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Lot Size SqFt:8504.00
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Lot Size Source:Assessor
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View:1
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View:Neighborhood, Peek-A-Boo
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Security Features:Automatic Gate, Carbon Monoxide Detector(s), Security Lights, Security System
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Property Attached:1
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Additional Parcels:No
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Land Lease:No
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Tract:5767.0
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Tax Lot:1
The Listing
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Special Listing Conditions:Standard
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Parcel Number:7264021086
Heating & Cooling
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Heating:1
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Heating:Central
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Cooling:Yes
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Cooling:Central Air
Utilities
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Sewer:Public Sewer
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Water Source:Public
Appliances
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Appliances:Built-In Range, Dishwasher, Disposal, Gas Oven, Gas Range, Microwave, Range Hood, Refrigerator, Vented Exhaust Fan
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Included:Yes
The Community
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Subdivision:Bluff Park (BLF)
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Subdivision:Bluff Park (BLF)
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Features:Curbs, Sidewalks, Street Lights
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Association:No
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Pool:None
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Senior Community:No
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Private Pool:No
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Spa Features:None
Parking
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Parking:Yes
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Parking:Direct Garage Access
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Parking Spaces:6.00
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Garage Spaces:3.00
Extra Units
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Number With Disposal:3
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Number With Dishwasher:3
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Number With Refrigerator:3
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
6/26/25
Jun 26, 2025
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Listed / Active | CRMLS_CA | $3,600,000 | 136.1% (43.8% / YR) |
5/21/24
May 21, 2024
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Price Changed | BRIDGE | ||
3/14/24
Mar 14, 2024
|
Listed / Active | CRMLS_CA |