H
Seller's Agent in 2025
Hannah Steed
West Shores Realty, Inc.
(808) 651-9675
1 in this area
5 Total Sales
51 Kennebec Ave Long Beach, CA 90803
Bluff Park Neighborhood
9
Beds
11
Baths
4,688
Sq Ft
8,504
Sq Ft Lot
Highlights
- No Units Above
- Primary Bedroom Suite
- Mediterranean Architecture
- Woodrow 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
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $19,750
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
- Laundry Room
- 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
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
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
Mozafari Amir Amir
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
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-82.46%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $3,100,000 | Old Republic Title Company |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 11/01/2025 11/01/25 | For Rent | $6,000 | 0.0% | -- | |
| 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 Compared to Growth
Tax History
| 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 |
|---|---|---|---|---|
| 2025 | $19,750 | $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
-
Anthony Zueck
A
Buyer's Agent in 2025
Anthony Zueck
Bullock Russell RE Services
(949) 709-1555
1 in this area
10 Total Sales
-
NoEmail NoEmail
N
Buyer's Agent in 2024
NoEmail NoEmail
None MRML
(646) 541-2551
6,075 Total Sales
-
Ramin Favakehi
R
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
20 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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