Property Details
About this Property
Priced to move...3 blocks from the Beach...6% Actual CAP Rate...25%+ upside! If your client is looking for a "Unicorn" building with a combination of Cash flow, Location, and a Clean property, this is the investment for them. The building includes (10) 1-bedroom units (750+/- sq. ft.), (1) 2-bedroom/1-bath unit, and (1) 2-bedroom/2-bath (owner's unit). Amenities include very large units, upgraded vinyl windows, on-site laundry, six garages (two with driveways), an electric gated entrance, and a 96 walk score! This rare coastal asset is NOT subject to rent control (other than CA) and is being offered for the first time in 26 years.
MLS Listing Information
MLS #
CROC24179431
MLS Source
California Regional MLS
Parking, School, and Other Information
Garage/Parking
Assigned Spaces, Garage, Other, Garage: 6 Car(s)
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 1 | – | – |
Neighborhood: Around This Home
Neighborhood: Local Demographics
1837 E 3rd St is a Residential Income in Long Beach, CA 90802. This – square foot property sits on a 8,549 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $3,200,000 and was built in 1958. This address can also be written as 1837 E 3rd St, Long Beach, CA 90802.
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This listing information is up-to-date as of December 21, 2024. For the most current information, please contact Pat Swanson, (949) 724-5564
