1837 E 3rd Street, Long Beach, California 90802
- $3,535,000
- $3,535,000
Overview
- Apartment, Residential Income
- 6.0
- 9378 Sqft
- 1958
Description
Priced to move…3 blocks from the Beach…6% Actual CAP Rate…25%+ upside! If your client is looking for a “Unicorn” building with a combination of Cash flow, Location, and a Clean property, this is the investment for them. The building includes (10) 1-bedroom units (750+/- sq. ft.), (1) 2-bedroom/1-bath unit, and (1) 2-bedroom/2-bath (owner’s unit). Amenities include very large units, upgraded vinyl windows, on-site laundry, six garages (two with driveways), an electric gated entrance, and a 96 walk score! This rare coastal asset is NOT subject to rent control (other than CA) and is being offered for the first time in 26 years.
Address
Open on Google Maps-
Address: 1837 E 3rd Street
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City: Long Beach
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State/county: CA
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Zip/Postal Code: 90802
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Country: US
Details
Updated on November 21, 2024 at 12:30 am-
Property ID OC24179431
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Price $3,535,000
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Property Size 9378 Sqft
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Land Area 0.1963 Acres
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Garages 6.0
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Year Built 1958
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Property Type Apartment, Residential Income
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Property Status Closed
Additional details
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Listing Terms Cash to New Loan
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Sewer Public Sewer
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County Los Angeles
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Property Type Residential Income
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Pool None
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Parking Assigned, Driveway, Garage
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Community Features Biking, Sidewalks
Mortgage Calculator
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Down Payment
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