$3,535,000
- Beds
- Unknown
- sq ft
- 9,378
1837 E 3rd St, Long Beach, CA 90802
1837 E 3rd St
Long Beach, CA 90802
- 80 days on market
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.
Details
Property type
Apartment
Lot size
8,549 sq ft
Price per sq ft
$377
Year built
1958
Price History
08/31/2024
CRMLS #OC24179431
Listed
$3,535,000
-17.69%
07/09/2024
CRMLS #OC24129394
Removed
$4,295,000
06/26/2024
CRMLS #OC24129394
Listed
$4,295,000
Schools & Community
Neighborhood:
Alamitos Beach
Elementary school:
Unknown
Middle school:
Unknown
High school:
Unknown
Community features: Sidewalks
Community features:
Sidewalks
Status: Active
Tomo last checked: 11/19/2024 at 3:15 AM
Listing updated: 09/30/2024 at 10:01 PM
Listed by: Pat Swanson, Pat Swanson Phone #: (949) 724-5564
MLS: CRMLS #OC24179431
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