tomo logo

$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

CRMLS #OC24179431

Listed
$3,535,000
-17.69%
07/09/2024
CRMLS

CRMLS #OC24129394

Removed
$4,295,000
06/26/2024
CRMLS

CRMLS #OC24129394

Listed
$4,295,000

Schools & Community

Neighborhood: 

Alamitos Beach

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

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

CRMLS logo

Recently listed in Long Beach

$2,350,000|6 bd|4.0 ba|House
$799,900|2 bd|2.0 ba|House
$1,680,000|3 bd|2.0 ba|House
$2,400,000|3 bd|3.0 ba|House
$4,900,000|4 bd|4.0 ba|House
$949,999|4 bd|3.0 ba|Townhouse
$1,450,000|3 bd|3.0 ba|House