NEW PRICE! Rare Bluff Park Spanish Estate — Live in the 4-Bedroom Owner's Residence While Three Additional Homes Generate Rental Income! Just two blocks from the beach with water views, this exceptional Spanish estate offers something increasingly difficult to find in coastal Long Beach: the lifestyle and privacy of a substantial single-family residence combined with three separate income-producing homes. The expansive 4-bedroom, 2.5-bath owner's residence serves as the heart of the property and features a fireplace, HVAC, whole-house stereo, private laundry, two-car garage and secluded patio with built-in seating and BBQ. Surrounding the main residence are three beautifully updated 1-bedroom, 1-bath homes, each with dedicated office space, updated kitchen and bath, hardwood floors and private outdoor space. The three residences currently generate a combined $6,995 per month in rental income, creating an exceptional opportunity for an owner-user to help offset ownership costs while enjoying the main residence. Or imagine the possibilities for multi-generational living—parents, adult children, extended family or long-term guests can live close while still maintaining their own private residences .More than $700,000 has been invested in renovations and improvements, including plumbing, electrical, HVAC systems, windows, landscaping, patios, garage reconstruction and seismic retrofitting, while carefully preserving the property's original Spanish character, restored hardwood floors, custom built-ins, crown molding and architectural details. Additional features include four garages with built-in storage, multiple private outdoor spaces and a beautifully landscaped central courtyard with fountains. Located on a picturesque tree-lined street directly across from Trolley Park and just two blocks from the beach. Live in the main residence. Collect $6,995 per month from the other three homes. Keep family close—or simply enjoy an extraordinary Bluff Park property that offers both lifestyle and income.
Listing courtesy of Listing Agent: Loree Scarborough (Loree@LongBeachHomeSource.com) from Listing Office: Compass.
Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
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