$ 3,535,000
1837 E 3rd Street Long Beach, CA 90802
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REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
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Listed by Pat Swanson • Pat Swanson
$ 3,535,000
Est. payment /mo
Pending
1837 E 3rd Street Long Beach, CA 90802
9,378 SqFt
UPDATED:
11/02/2024 12:51 AM
Key Details
Property Type Commercial
Sub Type Other
Listing Status Pending
Purchase Type For Sale
Square Footage 9,378 sqft
Price per Sqft $376
MLS Listing ID CROC24179431
HOA Y/N No
Originating Board Datashare California Regional
Year Built 1958
Lot Size 8,549 Sqft
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.
Location
State CA
County Los Angeles
Interior
Fireplace No
Laundry Other
Exterior
Parking Type Assigned, Other
Building
Water Public
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