Listed by Wayne Ishimine, Keller Williams Pacific Estate,

3010 E 3rd Street

Long Beach, CA, 90814

$3,400,000

$577 per ft²
$3,400,000
$577 per ft²
Active
Active
 - For Sale
carpenters-square
5,890 ft²
property_type
Multi-family
calendar
Built 1923
Classically Aesthetic 14 Unit Apartment Building in Bluff Heights Historical District. Ideal location in a highly desirable rental area. Being beach close with nearby amenities such as Retro Row, Broadway Corridor, numerous bike paths and great walkability yields a typically low vacancy rate. The building offers a mix of 3 upper level one Bedrooms and 11 Studio units. All have vintage built-ins, flooring and fixtures with enduring appeal. Tenants benefit from small private outdoor spaces for five studio units, and the other five have a short outdoor stoop large enough for small tables and chairs. Majority of the roof is approximately 5-6 years old. Separate electrical meters, with upgrades to both electrical and plumbing. Some gas furnaces have been replaced with electric. The building has three 1 car garages providing additional income. Consistently performing asset with market upside on rents.
MLS® ID:
PW22120296
Listed:
6/13/22
Updated:
10/5/22

Interior Features

Kitchen Appliances
Gas Range, Refrigerator
Total Bedrooms
0
Total Bathrooms
0
Interior Features
Ceiling Fan(s), Utility Room
Laundry Description
Common Area, Laundry Room
Floor Description
Tile, Wood
Fireplace
None
Cooling
Wall/Window Unit(s)
Heating
Wall Furnace

Exterior/Building Features

Lot Size
7,501 ft² lot
Architectural Style
Spanish
Lot Details
Zero Lot Line
Roof
Flat
Sewer
Public Sewer

Other Property Details

Area Name
2 - Belmont Heights, Alamitos Heights
HOA Amenities
Suburban, Sidewalks
Garage
Yes
Garage Spaces
3
Parking
Garage, Garage Faces Rear
Parking Total
3.0
View
Y
County
Los Angeles
Utilities
Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Water Source
Public
Pool
No
Pool Description
None
Total Stories
2
Zoning
LBR2A

Property History

Date
Event
Price
Value
10/3/22
Price Change
$3,400,000
-2%
9/14/22
Active
-
-
8/25/22
Active Under Contract
-
-

 

Listed by Wayne Ishimine, Keller Williams Pacific Estate,

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.

©2022 California Regional Multiple Listing Service. All rights reserved.

Data last updated 8:51 AM UTC, 10/5/22

Contact