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.
Sold for $1,350,000
Listing Provided by:
Varinder Kumar DRE #02059761 562-418-0998,
Coldwell Banker West
Bought with: Kimberly Rangell-Peleras, Broker
$1,350,000
1136 E Ridgewood St, Long Beach, CA 90807
7beds
4baths
2,456sqft
Triplex
Built in 1947
-- sqft lot
$1,305,900 Zestimate®
$550/sqft
$3,402 Estimated rent
Home value
$1,305,900
$1.18M - $1.45M
$3,402/mo
Zestimate® history
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Owner options
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What's special
Zillow last checked: 8 hours ago
Listing updated: December 04, 2024 at 06:20pm
Listing Provided by:
Varinder Kumar DRE #02059761 562-418-0998,
Coldwell Banker West
Bought with:
Veronica Haro, DRE #01380783
Kimberly Rangell-Peleras, Broker
Source: CRMLS,MLS#: PT24193090
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 4
Bedroom
- Features: All Bedrooms Down
Bedroom
- Features: Bedroom on Main Level
Heating
- Central, Electric, Solar
Cooling
- Central Air, Electric
Appliances
- Laundry: Electric Dryer Hookup, Gas Dryer Hookup, Inside
Features
- All Bedrooms Down, Bedroom on Main Level
- Has fireplace: Yes
- Fireplace features: Gas
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 2,456
- Total interior livable area: 2,456 sqft
Property
Parking
- Parking features: Uncovered
Features
- Levels: One
- Stories: 1
- Entry location: 1
- Pool features: None
Lot
- Size: 6,098 sqft
- Features: Back Yard, Front Yard
Details
- Parcel number: 7135009010
- Zoning: LBR1N
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex
Materials
- Roof: Shingle
Condition
- New construction: No
- Year built: 1947
Utilities & green energy
- Electric: 220 Volts
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected
Community & neighborhood
Community
- Community features: Curbs, Street Lights, Sidewalks
Location
- Region: Long Beach
- Subdivision: Bixby Knolls (Bk)
HOA & financial
Other financial information
- Total actual rent: 91740
Other
Other facts
- Listing terms: Cash to New Loan,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 1/16/2026 | Listing removed | $3,500$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 12/30/2025 | Listed for rent | $3,500+9.5%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 11/7/2024 | Sold | $1,350,000-3.5%$550/sqft |
Source:  CRMLS #PT24193090 Report a problem | ||
| 10/22/2024 | Pending sale | $1,399,000$570/sqft |
Source: CRMLS #PT24193090 Report a problem | ||
| 10/6/2024 | Contingent | $1,399,000$570/sqft |
Source: CRMLS #PT24193090 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $17,812 +111.6% | $1,350,000 +112.6% |
| 2024 | $8,418 +5% | $635,000 +3.3% |
| 2023 | $8,019 +6.5% | $614,625 +2% |
Find assessor info on the county website
Neighborhood: Bixby Area
Nearby schools
GreatSchools rating
- 4/10Barton Elementary SchoolGrades: K-5Distance: 0.1 mi
- 7/10Hughes Middle SchoolGrades: 6-8Distance: 1.2 mi
- 3/10Jordan High SchoolGrades: 9-12Distance: 2 mi
Get a cash offer in 3 minutes
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Estimated market value$1,305,900
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$1,305,900