51 Kennebec Avenue
Long Beach, CA, 90803
$3,600,000
Beds
0 Baths
SqFt
0.2 Acres
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Rare Coastal Triplex Investment Opportunity in Bluff Park | $17,500 Monthly Income | 5% CAP Rate

Welcome to 51 Kennebec Avenue, Long Beach, CA 90803 — a rare opportunity to own a luxury, newly constructed triplex in the highly coveted Bluff Park Historic District near Belmont Heights and Alamitos Beach. Just one block from the ocean and moments from the beach, this premium coastal asset features three Mediterranean-style townhome units, all completed in 2024 and currently tenant-occupied, generating a total of $17,500/month ($210,000/year) in rental income with a 5% CAP rate. Situated on an expansive 8,501 SF lot, each unit boasts high-end finishes, private rooftop decks, and spacious modern layouts.

Property Features:
-3 Fully Rented Townhome-Style Units
-All Units Built in 2024 | Mediterranean Architecture
-Total: 9 Bedrooms | 9.5 Bathrooms
-All Units Include Private Rooftop Decks
-Unit 2230 Also Includes Private Side Yard
-One Block from the ocean and Bluff Park
-Walking Distance to Beach, Dining, and Shops

Unit Breakdown:
• 51 Kennebec Ave – 3 Bed | 3.5 Bath | Rooftop Deck | Ocean Views
• 2234 E 1st St – 3 Bed | 2.5 Bath | Rooftop Deck
• 2230 E 1st St – 3 Bed | 3.5 Bath | Rooftop Deck + Private Side Yard

Whether you’re looking to expand your portfolio with a turnkey luxury coastal property or secure a long-term investment in one of Long Beach’s most desirable neighborhoods, this is a one-of-a-kind opportunity you don’t want to miss.

Property Details

Price:
$3,600,000
MLS #:
PV25116539
Status:
Pending
Baths:
0
Address:
51 Kennebec Avenue
Type:
Residential Income
Subtype:
Triplex
Subdivision:
Bluff Park BLF
Neighborhood:
2belmontheightsalamitosheights
City:
Long Beach
Listed Date:
Jun 25, 2025
State:
CA
ZIP:
90803
Lot Size:
8,504 sqft / 0.20 acres (approx)
Year Built:
2024
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Interior

Appliances
Built- In Range, Dishwasher, Disposal, Gas Oven, Gas Range, Microwave, Range Hood, Refrigerator, Vented Exhaust Fan
Cooling
Central Air
Flooring
Vinyl
Heating
Central
Laundry Features
Dryer Included, Electric Dryer Hookup, Washer Hookup, Washer Included

Exterior

Architectural Style
Mediterranean
Community Features
Curbs, Sidewalks, Street Lights
Exterior Features
Lighting
Parking Features
Direct Garage Access
Parking Spots
6.00
Security Features
Automatic Gate, Carbon Monoxide Detector(s), Security Lights, Security System

Financial

Map

Community

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51 Kennebec Avenue
Long Beach, CA