1837 E 3Rd Street, Long Beach, CA 90802
-
Listed Price :
$3,535,000
-
Beds :
N/A
-
Baths :
N/A
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Property Size :
N/A sqft
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Year Built :
1958
Property 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.
Interior Features
| Laundry Information |
| Location(s) |
Common Area |
| Bedroom Information |
| Bedrooms |
N/A |
| Bathroom Information |
| Bathrooms |
N/A |
Listing Information
| Address |
1837 E 3Rd Street |
| City |
Long Beach |
| State |
CA |
| Zip |
90802 |
| County |
Los Angeles |
| Listing Agent |
Pat Swanson DRE #01382974 |
| Courtesy Of |
Pat Swanson |
| List Price |
$3,535,000 |
| Status |
Active |
| Type |
Residential Income |
| Subtype |
Apartment |
| Structure Size |
N/A |
| Lot Size |
8,549 |
| Year Built |
1958 |
Listing information courtesy of: Pat Swanson, Pat Swanson. *Based on information from the Association of REALTORS/Multiple Listing as of Sep 30th, 2024 at 6:00 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
