1837 E 3rd Street, Long Beach, CA 90802

  • $3,535,000
  • $377
1837 E 3rd Street, Long Beach, CA 90802
  • Residential Income
  • Property Type
  • 6.00
  • Garages
  • 1958
  • Year Built
For Sale
1837 E 3rd Street, Long Beach, CA 90802
  • $3,535,000
  • $377

Overview

Property ID: SGR-33852596
  • Residential Income
  • Property Type
  • 6.00
  • Garages
  • 1958
  • Year Built

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 1837 E 3rd Street
  • City Long Beach
  • State/county CA
  • Zip/Postal Code 90802
  • Area 4 - Downtown Area, Alamitos Beach
  • Country United States

Details

Updated on September 12, 2024 at 12:27 pm
  • Property ID: SGR-33852596
  • Price: $3,535,000
  • Land Area: 8549.00 m²
  • Garages: 6.00
  • Year Built: 1958
  • Property Type: Residential Income
  • Property Status: For Sale
  • Living Area: 9378.00
  • MLS#: OC24179431
  • Office Name: PAT SWANSON
  • Agent Name: Pat Swanson
  • MLS Status: Active
  • Living Area Prefix: Sqft
  • Agent State License: 01382974
  • IDX Contact Info: 213-864-2862

Additional details

  • Sewer: Public Sewer
  • County: Los Angeles
  • Property SubType: Apartment
  • Parking: 12.00
  • Water Source: Public

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