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1136 E Ridgewood Street
Triplex
$1,399,000

Units

3

Building Size

2,456 sf

Lot Size

6,098 sf

Status

Sold

Long Beach

1136 E Ridgewood Street

About This Property

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.

Unit Mix

  • 2 units · 2bd / 1ba
  • 1 unit · 3bd / 2ba

Neighborhood

This property is located in Long Beach. Want to learn more about the area?

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Listing courtesy of Coldwell Banker West

Listing data from CRMLS. Deemed reliable but not guaranteed.

Sold For

$1,399,000

Listing Agent

Varinder Kumar

Coldwell Banker West