Long Beach, CA 90802,1837 E 3rd ST
$3,200,000
Est. payment /mo
$4,248,000
24.7%
Est.Price: ?

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15 Beds
14 Baths
9,378 SqFt
SOLD DATE : 12/19/2024

Key Details

Sold Price $3,200,000

Property Type Single Family Home

Sub Type Mixed Use

Listing Status Sold

Purchase Type For Sale

Square Footage 9,378 sqft

Price per Sqft $341

MLS Listing ID OC24129394

Sold Date 12/19/24

Bedrooms 15

Full Baths 14

HOA Y/N No

Year Built 1958

Lot Size 8,550 Sqft

Property Description

Prime Coastal Investment Opportunity Just three blocks from the beach, this 12-unit complex on 3rd St. boasts an impressive walk score of 96! On the market for the first time in 26 years, this well-maintained building features ten 1-bedroom/1-bathroom units, one 2-bedroom/1-bathroom unit, and one 2-bedroom/2-bathroom unit ideal for an owner's residence. Recently upgraded with vinyl windows, the property also includes on-site laundry facilities, six garages (two with driveways), and a secure, gated entrance. With over 25% upside potential, this property represents a rare chance to acquire a coastal asset with minimal rent control restrictions (limited to CA state laws). Don't miss out on this exceptional investment opportunity!

Location

State CA

County Los Angeles

Area 4 - Downtown Area, Alamitos Beach

Zoning LBR1N

Rooms

Main Level Bedrooms 14

Interior

Cooling None

Fireplaces Type None

Fireplace No

Laundry Common Area

Exterior

Garage Spaces 6.0

Garage Description 6.0

Pool None

Community Features Curbs, Sidewalks, Urban

View Y/N No

View None

Attached Garage Yes

Total Parking Spaces 6

Private Pool No

Building

Lot Description 11-15 Units/Acre

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Schools

School District Long Beach Unified

Others

Senior Community No

Tax ID 7275018040

Acceptable Financing Cash to New Loan

Listing Terms Cash to New Loan

Financing Cash

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Pat Swanson • Pat Swanson • 213-864-2862
Bought with Anthony Walker • Buckingham Investments, Inc

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Monique H. Ott-Beacham

+1(619) 757-3109

Broker | License ID: DRE #01448692

Broker License ID: DRE #01448692

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