Bought with Anthony Walker • Buckingham Investments, Inc
$3,200,000
$4,248,000
24.7%For more information regarding the value of a property, please contact us for a free consultation.
1837 E 3rd Street Long Beach, CA 90802
15 Beds
14 Baths
9,378 SqFt
Key Details
Sold Price $3,200,000
Property Type Single Family Home
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 9,378 sqft
Price per Sqft $341
MLS Listing ID CROC24129394
Sold Date 12/19/24
Bedrooms 15
Full Baths 14
HOA Y/N No
Originating Board Datashare California Regional
Year Built 1958
Lot Size 8,549 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
Interior
Cooling None
Fireplaces Type None
Fireplace No
Laundry Other
Exterior
Garage Spaces 6.0
Pool None
View None
Private Pool false
Building
Story 2
Water Public
Schools
School District Long Beach Unified
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