Long Beach, CA 90802,1837 E 3rd Street
Listed by Pat Swanson • Pat Swanson
Bought with Anthony Walker • Buckingham Investments, Inc

$3,200,000

Est. payment /mo

$4,248,000

24.7%
Est.Price: ?

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1837 E 3rd Street Long Beach, CA 90802

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 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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Bay East AOR and Contra Costa AOR
agent

Luis Vasquez

Agent | License ID: 02083319

+1(650) 200-8722

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