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.
MLS# | PW24222836 |
---|---|
Listing Type | For Sale |
Style | Town House |
Sub-Type | Resale |
Status | Active |
Year | 1923 |
Days On Site | 183 |
Listing Provided By | Morgan Skenderian 949-251-8800 | Damien Breaux |
SQ Feet | 6,715 |
---|---|
Garage | 1 |
Story(s) | 2 |
Units | 11 |
Building(s) | 2 |
Zoning | LBR3S |
Acreage | 0.19 |
State | CA |
---|---|
County | Los Angeles |
City | Long Beach |
Zip Code | 90802 |
Area | 4 Downtown Area | Alamitos Beach |
Community Name | Downtown (DT) |
Listing VS Median (in Downtown (DT)) | |
Price: $2,100,000 low | high Med: $1,849,500 SqFt: 6,715 low | high Med: 4,284 $ / SqFt: $313 low | high Med: $432 On site: 183 low | high Med: 262.500000 |