Lynn Lord
Estate Properties
(562) 582-8571
51 Total Sales
2 in Bluff Park
$825K - $961K Price Range
51 Kennebec Ave Long Beach, CA 90803
Bluff Park NeighborhoodEstimated Value: $3,251,726
9
Beds
11
Baths
4,688
Sq Ft
$694/Sq Ft
Est. Value
Highlights
- No Units Above
- Primary Bedroom Suite
- Mediterranean Architecture
- Wilson High School Rated A
- Peek-A-Boo Views
- 3-minute walk to Bixby Park
About This Home
As of October 2025Rare 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.
Last Agent to Sell the Property
West Shores Realty, Inc. Brokerage Phone: 808-651-9675 License #02212070 Listed on: 06/26/2025
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 2024
Lot Details
- 8,504 Sq Ft Lot
- No Units Above
- End Unit
- No Units Located Below
- Two or More Common Walls
- Drip System Landscaping
- Corner Lot
- Paved or Partially Paved Lot
- Density is 2-5 Units/Acre
Parking
- 3 Car Direct Access Garage
- Parking Available
- Automatic Gate
Property Views
- Peek-A-Boo
- Neighborhood
Home Design
- Triplex
- Mediterranean Architecture
- Entry on the 1st floor
- Turnkey
Interior Spaces
- 4,688 Sq Ft Home
- 2-Story Property
- Recessed Lighting
- Fireplace
- Living Room
- Vinyl Flooring
Kitchen
- Gas Oven
- Built-In Range
- Range Hood
- Microwave
- Dishwasher
- Quartz Countertops
- Disposal
Bedrooms and Bathrooms
- 9 Bedrooms
- All Upper Level Bedrooms
- Primary Bedroom Suite
- Walk-In Closet
- 11 Bathrooms
Laundry
- Dryer
- Washer
Home Security
- Home Security System
- Security Lights
- Carbon Monoxide Detectors
Outdoor Features
- Balcony
- Fire Pit
- Exterior Lighting
Utilities
- Central Heating and Cooling System
- Vented Exhaust Fan
Listing and Financial Details
- Tenant pays for all utilities
- Tax Lot 1
- Tax Tract Number 5767
- Assessor Parcel Number 7264021086
- $72 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- 3 Units
- Bluff Park Subdivision
Amenities
- Laundry Facilities
Building Details
- 3 Leased Units
- 3 Separate Electric Meters
- 3 Separate Gas Meters
- 3 Separate Water Meters
- Electric Expense $720
- Gardener Expense $1,800
- Insurance Expense $3,500
- Trash Expense $240
- Water Sewer Expense $720
- New Taxes Expense $30,000
- Operating Expense $36,980
- Gross Income $210,000
- Net Operating Income $173,020
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 26, 2025
Closed on
Sep 15, 2025
Sold by
High Hills Home Inc
Bought by
Seller's Agent
Hannah Steed
West Shores Realty, Inc.
Buyer's Agent
Anthony Zueck
Bullock Russell RE Services
List Price
$3,600,000
Sold Price
$3,100,000
Premium/Discount to List
-$500,000
-13.89%
Views
25
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$151,726
Avg. Annual Appreciation
5.45%
Purchase Details
Listed on
Apr 5, 2022
Closed on
Apr 28, 2022
Sold by
Kennebec & First Llc
Bought by
High Hills Home Inc
Seller's Agent
Ramin Favakehi
Ramin Favakehi, Broker
Buyer's Agent
Darren Chehrazi
Estate Properties
List Price
$1,700,000
Sold Price
$1,525,000
Premium/Discount to List
-$175,000
-10.29%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.98%
Original Mortgage
$1,600,000
Interest Rate
5.1%
Mortgage Type
Construction
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Bluff Park, CA
-
Lynn Lord
-
Tyler Rogina
Tyler Rogina
Compass
(424) 417-6460
119 Total Sales
1 in Bluff Park
$820,000 Price
-
Kathleen Spurlock
Kathleen Spurlock
Coldwell Banker Realty
(562) 269-1596
24 Total Sales
6 in Bluff Park
$600K - $995K Price Range
-
Marjorie Tyson
Marjorie Tyson
Coldwell Banker Envision
(424) 378-4827
18 Total Sales
2 in Bluff Park
$610K - $620K Price Range
-
Joshua Glaz
Joshua Glaz
The Ave
(657) 325-8448
259 Total Sales
1 in Bluff Park
$2,125,000 Price
-
Jane Yim
Jane Yim
Real Broker
(562) 379-6695
36 Total Sales
1 in Bluff Park
$635,000 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $3,100,000 | Old Republic Title Company | ||
| High Hills Home Inc | $1,525,000 | Chicago Title |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | $2,054,000 | ||
| Previous Owner | High Hills Home Inc | $1,600,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 10/20/2025 10/20/25 | Sold | $3,100,000 | -13.9% | $661 / Sq Ft | |
| 08/19/2025 08/19/25 | Pending | -- | -- | -- | |
| 06/26/2025 06/26/25 | For Sale | $3,600,000 | 0.0% | $768 / Sq Ft | |
| 08/30/2024 08/30/24 | Rented | $6,000 | 0.0% | -- | |
| 07/20/2024 07/20/24 | For Rent | $6,000 | 0.0% | -- | |
| 05/18/2022 05/18/22 | Sold | $1,525,000 | -10.3% | -- | View Prior Sale |
| 04/26/2022 04/26/22 | Pending | -- | -- | -- | |
| 04/05/2022 04/05/22 | For Sale | $1,700,000 | -- | -- |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2026 | $20,711 | $3,100,000 | $1,100,000 | $2,000,000 |
| 2025 | $20,711 | $1,618,342 | $1,618,342 | |
| 2024 | $19,750 | $1,586,610 | $1,586,610 | |
| 2023 | $19,427 | $1,555,500 | $1,555,500 | $0 |
| 2022 | $7,283 | $606,388 | $606,388 | $0 |
| 2021 | $7,153 | $594,499 | $594,499 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Hannah Steed
HS
Seller's Agent in 2025
Hannah Steed
West Shores Realty, Inc.
(808) 651-9675
1 in this area
5 Total Sales
-
Anthony Zueck
AZ
Buyer's Agent in 2025
Anthony Zueck
Bullock Russell RE Services
(949) 709-1555
1 in this area
14 Total Sales
-
NN
Buyer's Agent in 2024
NONE NONE
None MRML
-
Ramin Favakehi
RF
Seller's Agent in 2022
Ramin Favakehi
Ramin Favakehi, Broker
(949) 929-2630
2 in this area
5 Total Sales
-
Darren Chehrazi
Buyer's Agent in 2022
Darren Chehrazi
RE/MAX
(310) 930-6789
1 in this area
13 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PV25116539
APN: 7264-021-086
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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