About 51 Kennebec Avenue
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.
Features of 51 Kennebec Avenue
| MLS® # | PV25116539 |
|---|---|
| Price | $3,600,000 |
| Sold Price | $3,100,000 |
| Bedrooms | 9 |
| Bathrooms | 11.00 |
| Lot Sqft | 8,504 |
| Acres | 0.20 |
| Year Built | 2024 |
| Type | Residential Income |
| Sub-Type | Triplex |
| Style | Mediterranean |
| Status | Closed |
| # Of Units | 3 |
Community Information
| Address | 51 Kennebec Avenue |
|---|---|
| Area | 2 - Belmont Heights, Alamitos Heights |
| Subdivision | Bluff Park (BLF) |
| City | Long Beach |
| County | Los Angeles |
| Zip Code | 90803 |
Amenities
| Parking Spaces | 6 |
|---|---|
| Parking | Garage, Direct Access |
| # of Garages | 3 |
| Garages | Garage, Direct Access |
| View | Neighborhood, Peek-A-Boo |
| Is Waterfront | No |
| Has Pool | No |
| Pool | None |
Interior
| Interior | Vinyl |
|---|---|
| Interior Features | Recessed Lighting, All Bedrooms Up, Balcony, Primary Suite, Quartz Counters, Unfurnished, Walk-In Closet(s) |
| Appliances | Built-In Range, Dishwasher, Disposal, Dryer, Gas Oven, Gas Range, Microwave, Range Hood, Refrigerator, Vented Exhaust Fan, Washer |
| Heating | Central |
| Cooling | Central Air |
| Has Basement | No |
| Fireplace | Yes |
| # of Stories | 2 |
| Stories | Two |
Exterior
| Exterior Features | Fire Pit, Lighting |
|---|---|
| Lot Description | Corner Lot, Drip Irrigation/Bubblers, Landscaped, Paved, TwoToFiveUnitsAcre |
Additional Information
| Date Listed | June 25th, 2025 |
|---|---|
| Date Sold | October 20th, 2025 |
| Days on Market | 54 |
| Zoning | LBR3S |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Hannah Steed |
|---|---|
| Office | West Shores Realty, Inc. |