3024 East 3rd Street Active

Long Beach,CA 90814

$ 4500000

- Bed

0 Bath

7681 SqFt


Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 7,681 sqft

Price per Sqft $585

MLS Listing ID PW-24250179

Year Built 1957

Lot Size 7,501 Sqft

Property Description

3024 East 3rd Street is a remodeled 15-unit apartment building in Long Beach, California's desirable Bluff Heights neighborhood. The property boasts three new ADU's and a unit mix of three studios, 11 one-bed/one-baths, and one two-bed/one-bath. The building also offers on-site laundry. 3024 East 3rd Street is in an excellent rental location in the Bluff Heights neighborhood, known for its historic homes and tree-lined streets, one block to an elementary school, within easy walking distance of popular restaurants along Broadway, and a half-mile to Bluff Park and the beach. This offering is an outstanding investment opportunity for any investor looking for an asset in great condition in a strong coastal rental market, and 14 percent rental upside offers growth potential.

Location

State CA

County Los Angeles

Zoning LBR2A

Interior

Laundry Community

Exterior

Parking Features Gated

Pool None

Community Features Suburban

Building

Lot Description Rectangular Lot

Sewer Public Sewer

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