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
Street View
Listed by: Coldwell Banker West • Varinder Kumar • Contact: 619-271-9500
Bought with: Kimberly Rangell-Peleras, Broker
Tax assessed value
$1,350,000
1136 E Ridgewood St, Long Beach, CA 90807
7beds
4baths
2,456sqft
Triplex
Built in 1947
-- sqft lot
$1,293,100 Zestimate®
$550/sqft
$2,934 Estimated rent
Home value
$1,293,100
$1.22M - $1.37M
$2,934/mo
Zestimate® history
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$2,934/mo
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$2,934/mo
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$8,570/mo
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$8,570/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed 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
Rooms
- Room types: Bedroom
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 Square Feet
- 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 & HOA
Community
- Features: Curbs, Street Lights, Sidewalks
- Subdivision: Bixby Knolls (Bk)
Location
- Region: Long Beach
Financial & listing details
- Price per square foot: $550/sqft
- Tax assessed value: $1,350,000
- Annual tax amount: $17,812
- Date on market: 9/17/2024
- Cumulative days on market: 5 days
- Listing terms: Cash to New Loan,Conventional
- Total actual rent: 91740
- Tenant pays: All Utilities, Electricity, Gas
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 | ||
| 10/5/2024 | Listed for sale | $1,399,000$570/sqft |
Source: CRMLS #PT24193090 Report a problem | ||
| 9/30/2024 | Contingent | $1,399,000$570/sqft |
Source: CRMLS #PT24193090 Report a problem | ||
| 9/17/2024 | Listed for sale | $1,399,000+120.3%$570/sqft |
Source: CRMLS #PT24193090 Report a problem | ||
| 4/21/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 3/26/2024 | Listed for rent | $3,195$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 10/2/2023 | Sold | $635,000-5.9%$259/sqft |
Source: CRMLS #OC22210683 Report a problem | ||
| 7/18/2023 | Pending sale | $675,000$275/sqft |
Source: CRMLS #OC22210683 Report a problem | ||
| 5/30/2023 | Contingent | $675,000$275/sqft |
Source: CRMLS #OC22210683 Report a problem | ||
| 4/12/2023 | Listed for sale | $675,000$275/sqft |
Source: CRMLS #OC22210683 Report a problem | ||
| 3/7/2023 | Contingent | $675,000$275/sqft |
Source: CRMLS #OC22210683 Report a problem | ||
| 9/28/2022 | Listed for sale | $675,000$275/sqft |
Source: CRMLS #OC22210683 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% |
| 2022 | $7,527 +2% | $602,575 +2% |
| 2021 | $7,380 +0.3% | $590,761 +1% |
| 2020 | $7,361 | $584,704 +294.6% |
| 2019 | $7,361 +261.8% | $148,163 +2% |
| 2018 | $2,035 | $145,258 +2% |
| 2017 | $2,035 +1.1% | $142,411 +2% |
| 2016 | $2,013 +7.5% | $139,620 +1.5% |
| 2015 | $1,872 +4.2% | $137,524 +2% |
| 2014 | $1,797 | $134,831 +2.5% |
| 2012 | -- | $131,592 +2% |
| 2011 | -- | $129,012 +0.8% |
| 2010 | -- | $128,049 -0.2% |
| 2009 | -- | $128,355 +28.4% |
| 2008 | -- | $99,979 +2% |
| 2007 | -- | $98,019 +2% |
| 2006 | -- | $96,098 |
| 2005 | -- | $96,098 +4% |
| 2004 | -- | $92,368 +1.9% |
| 2003 | -- | $90,676 +2% |
| 2002 | -- | $88,899 +4% |
| 2000 | -- | $85,449 |
Find assessor info on the county website
Neighborhood: Bixby Area
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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: 1.9 mi
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Estimated market value
$1,293,100
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
$1,293,100
- California
- Los Angeles County
- Long Beach
- 90807
- Bixby Area
- 1136 E Ridgewood St
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