1136 E Ridgewood Street
Long Beach, CA 90807
- – beds
- – baths
- – sqft
- 6,098 sqft lot
- 1947 build
- – on site
More homes
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 checked:
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Last updated Dec 5, 2024
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MLS# PT24193090 —
The Building
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Year Built:1947
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Year Built Source:Appraiser
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New Construction:No
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Building Area Total:2456.00
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Building Area Units:Square Feet
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Total Number Of Units:3
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# of Buildings:2
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Roof:Shingle
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Stories Total:1
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Entry Level:1
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Common Walls:No Common Walls
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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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Levels:One
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Entry Location:1
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Room Type:All Bedrooms Down, Main Floor Bedroom
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Fireplace:Yes
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Fireplace:Gas
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Laundry:Gas & Electric Dryer Hookup, Inside
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Laundry:1
Location
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Directions:Off of Lemon Ave
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Latitude:33.84495500
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Longitude:-118.17843000
The Property
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Property Type:Residential Income
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Subtype:Triplex
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Zoning:LBR1N
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Lot Features:Back Yard, Front Yard
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Lot Size Area:6098.0000
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Lot Size Acres:0.1400
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Lot Size SqFt:6098.00
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Lot Size Source:Assessor
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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 Census Tract:5715.02
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Tax Tract:13276
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Tax Lot:173
The Listing
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Special Listing Conditions:Standard
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Parcel Number:7135009010
Heating & Cooling
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Heating:1
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Heating:Central, Electric, Solar
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Cooling:Yes
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Cooling:Central Air, Electric
Utilities
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Utilities:Electricity Connected
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Sewer:Public Sewer
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Electric:220 Volts
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Water Source:Public
The Community
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Subdivision:Bixby Knolls (BK)
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Subdivision:Bixby Knolls (BK)
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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
Parking
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Parking:Yes
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Parking:Uncovered
Extra Units
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Average 2 Bed Area:650
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Average 3 Bed Area:1130
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 |
|---|---|---|---|---|
|
10/6/24
Oct 6, 2024
|
BRIDGE | $1,399,000 | ||
|
9/30/24
Sep 30, 2024
|
BRIDGE | $1,399,000 | ||
|
9/30/24
Sep 30, 2024
|
Sold Subject To Contingencies | CRMLS_CA | $1,399,000 |
