|
Discover an exceptional investment opportunity with this stunning triplex located at 1136 E Ridgewood Street in the highly desirable neighborhood of Bixby Knolls, Long Beach. This property has a blend of modern living and strategic investment with an attractive cap rate of 5.66. The triplex includes a front home with approximately 1136 square feet, 3 bedrooms, and 2 bathrooms, while each of the two back units approximately 650 square feet with 2 bedrooms and 1 bathroom. Key features include maximizing rental income potential and modern amenities such as fully paid-off solar panels. Located directly across from Clara Barton Elementary School, this property provides unmatched convenience for families in a charming community setting. Whether you're an investor seeking a high-yield asset or a home buyer interested in living in one unit while receiving rental income from the others, this property is the perfect choice. Don't miss the chance to own a piece of this thriving community.
Last Updated | 9/17/2024 | Tract | Bixby Knolls (BK) |
---|---|---|---|
Year Built | 1947 | Community | Bixby, Bixby Knolls, Los Cerritos |
County | Los Angeles |
Additional Details
AIR | Central Air, Electric |
---|---|
AIR CONDITIONING | Yes |
AREA | Bixby, Bixby Knolls, Los Cerritos |
FIREPLACE | Yes |
GARAGE | Uncovered |
HEAT | Central, Electric, Solar |
HOA DUES | 0 |
INTERIOR | All Bedrooms Down, Bedroom on Main Level |
LOT | 6098 sq ft |
LOT DESCRIPTION | Back Yard, Front Yard |
PARKING | Uncovered |
POOL DESCRIPTION | None |
SEWER | Public Sewer |
STORIES | 1 |
SUBDIVISION | Bixby Knolls (BK) |
UTILITIES | Electricity Connected, Electric: 220 Volts |
WATER | Public |
ZONING | LBR1N |
Location
Contact us about this Property
/ | |
We respect your online privacy and will never spam you. By submitting this form with your telephone number you are consenting for Carie Webber to contact you even if your name is on a Federal or State "Do not call List". |
The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
This IDX solution is (c) Diverse Solutions 2024.