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1785 East 3rd Street

Long Beach CA 90802

3
2
4321 sq. ft.
Multi-Family
Currently for sale - view listing

Overview

Three blocks to the ocean. This extremely well maintained asset is in one of the best rental areas of Long Beach. There is 30% upside in rents and there is a potential for the existing basement to be made into an ADU. Outstanding unit mix of (4) 1 bedroom units and (1) 1 bedroom unit. The building also has a laundry room and (4) enclosed garages. Long term owner has completed a number of recent upgrades to the property including: New exterior paint New roof upgraded plumbing new front doors and locks with "invisible" screens. New landscaping New irrigation system Walkscore.com gives the property a score of 97 out of 100, a "Walker's paradise". Local attractions include Retro row, The Pike outlets, The Promenade, Shoreline Village and trendy Pine Avenue.

Features

3 bedrooms
2 bathrooms
4321 sq. ft. lot size
Multi-Family

Happy sellers in Long Beach

<50%
Less than 50% of sellers in Long Beach reported that their sale price either exceeded or met their price expectations.

Long Beach stands out as a desirable suburb for sellers, consistently delivering great customer service and strong market results for homeowners.

This is based on voluntary sentiment collected from 4 reviews in Long Beach over the last 12 months.

Local market activity for 3 bedroom multi families in Long Beach

In the last 12 months, 5 three-bedroom multi families similar to 1785 East 3rd Street, have been sold.

This represents a 150% decrease in three-bedroom multi families sales when compared to the previous 12 months.

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