$4,500,000
For Sale

3024 E 3rd Street

Long Beach, CA 90814
0.17 acres | #PW24250179
Listing OfficeSteven M. Bogoyevac, Broker
Browse 10 photos
Type:Multi-Family
Structure:Duplex/Multi-Unit
Zone:Residential

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.

  • Property Details
      • Lot DescriptionRectangularLot
      • Property TypeMulti-Family
      • Sewer InformationPublicSewer
      • CountyLos Angeles
      • Original List Price$4,500,000
      • MLS #PW24250179
      • MLS #PW24250179
      • Property SubtypeMixedUse
      • Cost4500000
      • Acres0.1722
      • Utility SourcePublic
      • Year Built1957
      • Subdivisionn/a
      • Stories2

Location

Marylin PaulReal Estate Group
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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