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Listed by Steven Bogoyevac • Steven M. Bogoyevac, Broker
$ 4,500,000
Est. payment /mo
Active
3024 East 3rd Street Long Beach, CA 90814
7,681 SqFt
UPDATED:
12/16/2024 09:04 PM
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