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Listed by Damien Breaux • Morgan Skenderian
$ 1,950,000
Est. payment /mo
Price Dropped by $150K
1135 East 3rd Street Long Beach, CA 90802
6,715 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Square Footage 6,715 sqft
Price per Sqft $290
Subdivision Downtown
MLS Listing ID PW-24222836
Year Built 1923
Lot Size 8,459 Sqft
Property Sub-Type Apartment
Property Description
Pleased to present 1135 E. 3rd Street, an 11-unit apartment investment opportunity located in the sought-after Long Beach neighborhood of Alamitos Beach. Offered for sale for the first time in decades, the property is ideally located just a short walk from the beach, and mere minutes from both Downtown and Retro Row. It is comprised of (10) studios (2 of which are exceptionally large), and (1) detached 3-bedroom/2-bathroom house, with its own garage. 1135 E. 3rd St. offers substantial upside potential by updating the units and bringing rents closer to market levels.
Location
State CA
County Los Angeles
Area 4 - Downtown Area, Alamitos Beach
Zoning LBR3S
Interior
Laundry Community
Exterior
Parking Features Gated
Garage Spaces 1.0
Pool None
Community Features Curbs, Gutters, Sidewalks
Building
Lot Description Lot 6500-9999
Sewer Public Sewer