Listed by Byron Field, Keller Williams Larchmont,

1028 E 3RD Street

Long Beach, CA, 90802

$5,700,000

$603 per ft²
$5,700,000
$603 per ft²
Active
Active
 - For Sale
carpenters-square
9,452 ft²
property_type
Multi-family
calendar
Built 1962
**FULLY RENOVATED: Over $50k Spent Per Unit** **4.5% Year One Cash-on-Cash Return** **100% Occupied w/Robust Rents** This 12-unit property offers 10 - one/bedrooms and 2- two/bedrooms w/two baths with all units fully remodeled to an extremely high standard, including wood laminate flooring, custom cabinetry, quartz countertops, farmhouse sinks, stainless steel appliances/dishwashers, ceiling fans/air-conditioning, bathroom vanities/porcelain tiled flooring and designer lighting throughout. The plumbing was updated to 100% copper and all units have their own private laundry and are separately metered for gas/electric. This location affords tenants the convenience of being adjacent to the hip/eclectic East Village Arts District as well as Retro Row while being just a short bike ride to Shoreline Village/Belmont Shore.
MLS® ID:
22157707
Listed:
5/12/22
Updated:
10/5/22

Interior Features

Kitchen Appliances
Dishwasher, Gas Cooktop, Microwave, Oven, Dryer, Washer
Total Bedrooms
0
Total Bathrooms
0
Interior Features
Ceiling Fan(s)
Laundry Description
Stacked

Exterior/Building Features

Lot Size
7,505 ft² lot

Other Property Details

Area Name
4 - Downtown Area, Alamitos Beach
Garage
Yes
Garage Spaces
6
Parking
Y
Parking Total
8.0
View
N
County
Los Angeles
Pool
No
Zoning
LBR3S

 

Listed by Byron Field, Keller Williams Larchmont,

Based on information from California Regional Multiple Listing Service, Inc. as of 10/5/22. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing.  Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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Data last updated 8:11 AM UTC, 10/5/22

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