1837 E 3rd Street, Long Beach, California 90802
  • $4,248,000
  • $4,295,000

Overview

Property ID: OC24129394
  • Mixed Use, Residential
  • Property Type
  • 15
  • Bedrooms
  • 14
  • Bathrooms
  • 6.0
  • Garages
  • 1958
  • Year Built

Description

Prime Coastal Investment Opportunity Just three blocks from the beach, this 12-unit complex on 3rd St. boasts an impressive walk score of 96! On the market for the first time in 26 years, this well-maintained building features ten 1-bedroom/1-bathroom units, one 2-bedroom/1-bathroom unit, and one 2-bedroom/2-bathroom unit ideal for an owner’s residence. Recently upgraded with vinyl windows, the property also includes on-site laundry facilities, six garages (two with driveways), and a secure, gated entrance. With over 25% upside potential, this property represents a rare chance to acquire a coastal asset with minimal rent control restrictions (limited to CA state laws). Don’t miss out on this exceptional investment opportunity!

  • Address: 1837 E 3rd Street
  • City: Long Beach
  • State/county: CA
  • Zip/Postal Code: 90802
  • Country: US

Details

Updated on January 14, 2025 at 2:22 am
  • Property ID OC24129394
  • Price $4,248,000
  • Land Area 0.1963 Acres
  • Bedrooms 15
  • Bathrooms 14
  • Garages 6.0
  • Year Built 1958
  • Property Type Mixed Use, Residential
  • Property Status Closed

Additional details

  • Listing Terms Cash to New Loan
  • Sewer Public Sewer
  • Cooling None
  • County Los Angeles
  • Property Type Residential
  • Pool None
  • Community Features Curbs, Sidewalks, Urban

Mortgage Calculator

Schedule a Tour

Similar Listings

Compare listings

Compare