Sold for $2,125,000

Listed by: Ramin Favakehi, Broker • Ramin Favakehi • Contact: 949-929-2630

Bought with: The Ave

$2,125,000

29 Kennebec Ave, Long Beach, CA 90803

7beds

3,532sqft

Triplex

Built in 1920

-- sqft lot

$-- Zestimate^®

$602/sqft

$5,320 Estimated rent

Home value

Not available

Estimated sales range

Not available

$5,320/mo

Zestimate^® history

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$5,320/mo

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$13,648/mo

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$13,648/mo

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What's special

We are pleased to present 29, 33 and 35 Kennebec Ave. A 3-unit multifamily investment opportunity located in the Belmont heights in the city of Long Beach, one of the premier coastal housing markets in Southern California. The three-unit residence is located in the historic Bluff Park neighborhood. One block from Ocean Boulevard, situated on a 6,531 SF lot, the 3,532 square foot property consists of 2 three-bedroom units and 1 one-bedroom unit. Upper unit balcony has stunning water views. Just a short walk away from the Bluff Park, ocean, unique shopping and dining. Enjoy owning a piece of history in this one-of-a-kind Seaside Community.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 7
Bathrooms: 5
Full bathrooms: 2
3/4 bathrooms: 3
Main level bathrooms: 2
Main level bedrooms: 3

Rooms

Room types: Other

Heating

Wall Furnace

Cooling

None

Appliances

Included: Dishwasher, Disposal, Gas Range, Gas Water Heater, Refrigerator
Laundry: Gas Dryer Hookup, In Kitchen

Features

Balcony
Has fireplace: Yes
Fireplace features: Family Room
Common walls with other units/homes: 1 Common Wall

Interior area

Total interior livable area: 3,532 sqft

Property

Parking

Total spaces: 2
Parking features: Garage
Garage spaces: 2

Features

Levels: Two
Stories: 2
Entry location: Ground Level with steps
Pool features: None
Has view: Yes
View description: None

Lot

Size: 6,531 Square Feet

Details

Parcel number: 7264021087
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Property subtype: Triplex
Attached to another structure: Yes

Materials

Foundation: Raised

Condition

New construction: No
Year built: 1920

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Community

Features: Curbs
Subdivision: Bluff Park (Blf)

Location

Region: Long Beach

Financial & listing details

Price per square foot: $602/sqft
Tax assessed value: $1,508,580
Annual tax amount: $18,643
Date on market: 8/30/2023
Cumulative days on market: 29 days
Listing terms: Cash,Cash to New Loan

Price history

Date	Event	Price
3/26/2026	Listing removed	$3,995$1/sqft
Source: Zillow Rentals Report a problem
3/21/2026	Listed for rent	$3,995+1.1%$1/sqft
Source: Zillow Rentals Report a problem
11/14/2023	Sold	$2,125,000-8.8%$602/sqft
Source: CRMLS #OC23162230 Report a problem
10/7/2023	Contingent	$2,328,888$659/sqft
Source: CRMLS #OC23158228 Report a problem
8/24/2023	Listed for sale	$2,328,888+60.6%$659/sqft
Source: CRMLS #OC23158228 Report a problem
2/4/2020	Listing removed	$3,950$1/sqft
Source: Ramin Favakehi, Broker #OC19270829 Report a problem
1/28/2020	Price change	$3,950-1.3%$1/sqft
Source: Ramin Favakehi, Broker #OC19270829 Report a problem
1/15/2020	Price change	$4,000-11.1%$1/sqft
Source: Ramin Favakehi, Broker #OC19270829 Report a problem
12/30/2019	Price change	$4,500-10%$1/sqft
Source: Ramin Favakehi, Broker #OC19270829 Report a problem
11/24/2019	Listed for rent	$5,000+66.7%$1/sqft
Source: Ramin Favakehi, Broker #OC19270829 Report a problem
6/30/2018	Listing removed	$3,000$1/sqft
Source: Ramin Favakehi, Broker #OC18071101 Report a problem
5/31/2018	Price change	$3,000-7.7%$1/sqft
Source: Ramin Favakehi, Broker #OC18071101 Report a problem
3/29/2018	Listed for rent	$3,250$1/sqft
Source: Ramin Favakehi, Broker #OC18071101 Report a problem
3/22/2018	Sold	$1,450,000-17.1%$411/sqft
Source: Agent Provided Report a problem
2/28/2018	Pending sale	$1,750,000$495/sqft
Source: Re/Max R. E. Specialists #PW18028572 Report a problem
2/21/2018	Price change	$1,750,000-12.3%$495/sqft
Source: Re/Max R. E. Specialists #PW18028572 Report a problem
2/20/2018	Pending sale	$1,995,000$565/sqft
Source: Re/Max R. E. Specialists #PW18028572 Report a problem
2/7/2018	Listed for sale	$1,995,000$565/sqft
Source: Re/Max R. E. Specialists #PW18028572 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2020	$18,643	$1,508,580 +2%
2019	$18,643 +221.8%	$1,479,000 +243.3%
2018	$5,792	$430,838 +2%
2017	$5,792 +1%	$422,391 +2%
2016	$5,732 +7.8%	$414,110 +1.5%
2015	$5,316 +4.5%	$407,891 +2%
2014	$5,089	$399,902 +2.5%
2012	--	$390,290 +2%
2011	--	$382,638 +0.8%
2010	--	$379,779 -0.2%
2009	--	$380,682 +2%
2008	--	$373,218 +2%
2007	--	$365,901 +2%
2006	--	$358,728
2005	--	$358,728 +6%
2003	--	$338,482 +2%
2002	--	$331,846 +4%
2000	--	$318,962