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1136 Ridgewood Street
Long Beach, CA 90807
Sold
1136 Ridgewood Street
Long Beach, CA 90807
Sold
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.
PROPERTY INFORMATION
| MLS # | PT24193090 | Lot Size | 6,098 Sq. Ft. |
| HOA Fees | $0/Monthly | Property Type | Triplex |
| Price | $ 1,399,000
Price Per SqFt: $ 570 |
DOM | 233 Days |
| Address | 1136 Ridgewood Street | Type | Residential Income |
| City | Long Beach | Sq.Ft. | 2,456 Sq. Ft. |
| Postal Code | 90807 | Garage | N/A |
| County | Los Angeles | Year Built | 1947 |
| Bed / Bath | 7 / 0 | Parking | N/A |
| Built In | 1947 | Status | Closed |
| Sold Date | 2024-11-07 |
INTERIOR FEATURES
| Has Laundry | Yes |
| Laundry Information | Gas & Electric Dryer Hookup, Inside |
| Has Fireplace | Yes |
| Fireplace Information | Gas |
| Has Heating | Yes |
| Heating Information | Central, Electric, Solar |
| Room Information | All Bedrooms Down, Main Floor Bedroom |
| Has Cooling | Yes |
| Cooling Information | Central Air, Electric |
| EntryLocation | 1 |
| Entry Level | 1 |
EXTERIOR FEATURES
| Roof | Shingle |
| Has Pool | No |
| Pool | None |
WALKSCORE
MAP
MORTGAGE CALCULATOR
- Principal & Interest:
- Property Tax: $1,492
- Home Insurance:$119
- HOA Fees:$0
- Mortgage Insurance:
PRICE HISTORY
| Date | Event | Price |
| 10/22/2024 | Pending | $1,399,000 |
| 10/05/2024 | Relisted | $1,399,000 |
| 09/30/2024 | Active Under Contract | $1,399,000 |
| 09/17/2024 | Listed | $1,399,000 |
Topfind Realty
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(844)-333-8033
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Listing provided courtesy of Varinder Kumar, Coldwell Banker West. Based on information from California Regional Multiple Listing Service, Inc. as of #Date#. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
