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702 E 3rd St

Long Beach CA 90802

8
4
2503 sq. ft.
Multi-Family
Currently for sale - view listing

Overview

This 4-unit is fantastic for a long-term owner who wants a piece of Downtown Long Beach! This well-located bread and butter 4-unit is located in the East Village Arts District of Downtown Long Beach and has 4 large 2BD/1BA units and a common area laundry room for tenants. This property is ideally located for tenants, being within walking distance to grocery stores, trendy restaurants, coffee shops, and nightlife. It's a relatively low maintenance building with spacious units and minimal landscaping. Considering 60% of households within 5 miles are renters and the walk score of 97/100, this is an ideal investment for an owner looking for a stable and consistent tenant base. Don't hesitate to reach out!

Features

8 bedrooms
4 bathrooms
2503 sq. ft. lot size
Multi-Family

Property history for 702 E 3rd St

2023
Rented
Undisclosed
12 Oct 2023 by Heart Property Management Grou
2023
Sold
$1,300,000
30 Jun 2023 by Tyler Leeson, of Marcus & Millichap Re Invest
2016
Sold
$799,000
22 Mar 2016 by Nancy Deprez

Happy sellers in Long Beach

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We have insufficient information to provide an overview of customer satisfaction for Long Beach. Viewing the agent profiles, reviews and sales for Long Beach can provide insights for this location.

Local market activity for 8 bedroom multi families in Long Beach

In the last 12 months, 4 eight-bedroom multi families similar to 702 E 3rd St, have been sold.

This represents a 100% decrease in eight-bedroom multi families sales when compared to the previous 12 months.

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