33 Kennebec

    Long Beach, CA 90803
    • $2,095,888
    • STATUS: Active
    • ON SITE: 51 days
    • ID#: OC20070929
    UPDATED: 32 min ago
    $2,095,888
    • 0
      BEDS
    • 0.15
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,532
      SQFT
    • $593
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1920
    County:

    School Ratings & Info

    Description

    We are pleased to present 29, 33 and 35 Kennebec Ave. A 3-unit multifamily investment opportunity located in the Belmont heights in the city of Long Beach, one of the premier coastal housing markets in Southern California. The three-unit residence resides on a prominent corner lot in the historic Bluff Park neighborhood. One block from Ocean Boulevard, situated on a 6,531 SF lot, the 3,532 square foot property consists of 2 three-bedroom units and 1 one-bedroom unit. Upper unit balcony has stunning ocean views. The property recently underwent significant renovations to both the interior and exterior. Interior upgrades for 1/3 units include vinyl wood flooring, new countertops and cabinets, stainless steel appliances, and a new kitchen. Exterior upgrades include, new paint and well-maintained landscaping. Ownership has submitted the Mills Act application to the city of Long Beach to generate significant savings on property taxes, if approved. Just a short walk away from the Bluff Park, ocean, unique shopping and dining. Enjoy owning a piece of history in this one-of-a-kind Seaside Community. This offering is only for the three-unit property (APN #: 7264-021-087) and does not include the adjacent land.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-05-30T22:25:13.497. 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 deemed reliable but is not guaranteed accurate by the MLS or Twiss Realty. Licensed in the State of California, USA.

    www.twissrealty.com/homes/104913567

    33 Kennebec Long Beach, CA 90803

    • Price: $2,095,888
    • Status: Active
    • Updated: 32 min ago
    • ID#: OC20070929
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.15
    Acres
    3,532
    SQFT
    $593
    $/SQFT
    1920
    Built
    Neighborhood:
    Bluff Park (Blf)
    County:
    Los Angeles
    Area:
    2 - Belmont Heights, Alamitos Heights
    Property Description
    We are pleased to present 29, 33 and 35 Kennebec Ave. A 3-unit multifamily investment opportunity located in the Belmont heights in the city of Long Beach, one of the premier coastal housing markets in Southern California. The three-unit residence resides on a prominent corner lot in the historic Bluff Park neighborhood. One block from Ocean Boulevard, situated on a 6,531 SF lot, the 3,532 square foot property consists of 2 three-bedroom units and 1 one-bedroom unit. Upper unit balcony has stunning ocean views. The property recently underwent significant renovations to both the interior and exterior. Interior upgrades for 1/3 units include vinyl wood flooring, new countertops and cabinets, stainless steel appliances, and a new kitchen. Exterior upgrades include, new paint and well-maintained landscaping. Ownership has submitted the Mills Act application to the city of Long Beach to generate significant savings on property taxes, if approved. Just a short walk away from the Bluff Park, ocean, unique shopping and dining. Enjoy owning a piece of history in this one-of-a-kind Seaside Community. This offering is only for the three-unit property (APN #: 7264-021-087) and does not include the adjacent land.
    Exterior Features

    Foundation Details Raised Garage Spaces 2.00 Lot Features Lot 6500-9999 Lot Size Source Assessor Lot Size Units Square Feet Parking Total 2.00 Pool Features None Pool Private YN No Property Attached YN Yes

    Interior Features

    Appliances DishwasherDisposalGas RangeGas Water HeaterRefrigerator Appliances YN Yes Average Studio Area Units Square Feet Average1 Bed Area Units Square Feet Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls 1 Common Wall Cooling None Cooling YN No Fireplace Features Family Room Fireplace YN Yes Heating Wall Furnace Heating YN Yes Interior Features Balcony Laundry Features Gas Dryer HookupIn Kitchen Levels Two

    Property Features

    Additional Parcels YN No Association Fee 0.00 Association YN No Building Area Units Square Feet Community Features Curbs Country Us Electric Expense 30.00 Elevation Units Feet Gardener Expense 1665.00 Gross Income 103536.00 Gross Scheduled Income 103536.00 Insurance Expense 1900.00 Land Lease YN No Laundry YN Yes Net Operating Income 73333.00 New Construction YN No New Taxes Expense 24375.00 Number Of Separate Electric Meters 3 Number Of Separate Gas Meters 3 Number Of Separate Water Meters 1 Number Of Units Leased 3 Number With Dishwasher 2 Number With Disposal 3 Number With Range 2 Number With Refrigerator 2 Operating Expense 30203.00 Property Sub Type Triplex Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Subdivision Name Other Bluff Park (Blf) Tenant Pays ElectricityGas Total Actual Rent 8628.00 Total Expenses 30203.00 Trash Expense 238.00 Water Sewer Expense 1995.00 Water Source Public Year Built Source Assessor

    Listing provided courtesy of Ramin Favakehi of Ramin Favakehi, Broker


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-05-30T22:25:13.497. 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 deemed reliable but is not guaranteed accurate by the MLS or Twiss Realty. Licensed in the State of California, USA.

     
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