3024 E 3rd ST new

Long Beach,CA 90814

$ 4500000

- Bed

- Bath

- SqFt


Key Details

Property Type Multi-Family

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID PW24250179

HOA Y/N No

Year Built 1957

Lot Size 7,501 Sqft

Property Description

3024 East 3rd Street is a remodeled 15-unit apartment building in Long Beach, California's desirable Bluff Heights neighborhood. The property boasts three new ADU's and a unit mix of three studios, 11 one-bed/one-baths, and one two-bed/one-bath. The building also offers on-site laundry.

3024 East 3rd Street is in an excellent rental location in the Bluff Heights neighborhood, known for its historic homes and tree-lined streets, one block to an elementary school, within easy walking distance of popular restaurants along Broadway, and a half-mile to Bluff Park and the beach.

This offering is an outstanding investment opportunity for any investor looking for an asset in great condition in a strong coastal rental market, and 14 percent rental upside offers growth potential.

Location

State CA

County Los Angeles

Area 2 - Belmont Heights, Alamitos Heights

Zoning LBR2A

Interior

Fireplace No

Laundry Common Area

Exterior

Pool None

Community Features Suburban

Private Pool No

Building

Lot Description Rectangular Lot

Story 2

Sewer Public Sewer

Water Public

New Construction No

Others

Senior Community No

Tax ID 7257028004

Acceptable Financing Cash,Cash to New Loan

Listing Terms Cash,Cash to New Loan

Special Listing Condition Standard

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