3024 3rd Street, Long Beach, CA 90814
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- MLS#: PW24250179 ( Commercial/Residential )
- Street Address: 3024 3rd Street
- Viewed: 24
- Price: $4,500,000
- Price sqft: $0
- Waterfront: No
- Year Built: 1957
- Bldg sqft: 0
- Days On Market: 108
- Additional Information
- County: LOS ANGELES
- City: Long Beach
- Zipcode: 90814
- Subdivision: Other (othr)
- Provided by: Steven M. Bogoyevac, Broker
- Contact: Steven Steven
- DMCA Notice
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Description3024 East 3rd Street is a remodeled 15 unit apartment building in Long Beach, Californias desirable Bluff Heights neighborhood. The property boasts three new ADUs 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 Location and Similar Properties
Features
Building Area Total
- 7681.00
Commoninterest
- None
Common Walls
- No Common Walls
Country
- US
Days On Market
- 52
Electric Expense
- 0.00
Fuel Expense
- 0.00
Garage Spaces
- 0.00
Insurance Expense
- 0.00
Laundry Features
- Community
Lot Features
- Rectangular Lot
Netoperatingincome
- 250399.00
Number Of Separate Electric Meters
- 15
Number Of Separate Gas Meters
- 15
Otherincome1
- 10842.00
Otherincomedescription
- RUBS
Parcel Number
- 7257028004
Pool Features
- None
Professionalmanagementexpense
- 0.00
Property Type
- Commercial/Residential
Sewer
- Public Sewer
Sourcesystemid
- CRM
Sourcesystemkey
- 428776875:CRM
Subdivision Name Other
- n/a
Totalexpenses
- 106279.00
Trash Expense
- 0.00
Views
- 24
Water Sewer Expense
- 0.00
Water Source
- Public
Year Built
- 1957
Year Built Source
- Assessor
Zoning
- LBR2A