3024 E 3rd St, Long Beach, CA 90814 | For Sale

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For Sale $4,500,000

$4,500,000
  • (0)
  • 15 Units
  • Unknown Sq Ft
  • 7,501 Sq Ft
  • Unknown Cap Rate

Description

3024 East 3rd Street is a remodeled 15-unit apartment building in Long Beach, California’s desirable Bluff Heights neighborhood. The property boasts three new ADU’s 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.

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Amenities

Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt

Income

Rental Units


The income description goes here to explain

Expenses

Property Details

List Price $4,500,000
Property Type Flex Space
Usable Sqft Unknown
Number of Stories 2 stories
Parking Spots 0 spots
Year Built 1957
Last Sold Unknown
Sold Price Unknown
APN # 7257028004
MLS # PW24250179
Property ID 292002093
Lot Sqft 7,501
Zoning LBR2A
Total Units 15
Days on Market 83
Original List Price $4,500,000
Date Updated February 07, 2025
Date Created December 16, 2024

Financials not available online. Please inquire with your agent for more details.

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Our powerful mortgage calculator tools helps you estimate your potential mortgage payment on the purchase of a property. Use our tool to find the ideal combination of interest rates, downpayment and real estate purchase price to see the payment that best suits you. Please consult a licensed loan officer to be pre-approved for financing options.

Listing Provided By

Steven Bogoyevac an agent of . Lic #01332755


© 2025 CRMLS. All rights reserved. Some listings on this website are from CRMLS as of February 07, 2025 The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.



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