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Nicole Darwin

nicole.darwin@engelvoelkers.com +1(707) 330-4357

$ 10,595,000

Est. payment -/mo

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Active

1212 E 3rd Long Beach, CA 90802

0.38 Acres Lot

UPDATED:

Key Details

Property Type Single Family Home, Multi-Family

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Subdivision Alamitos Beach (Ab)

MLS Listing ID PW26062312

HOA Y/N No

Year Built 1957

Lot Size 0.379 Acres

Property Sub-Type Mixed Use

Property Description

1212 and 1216 East 3rd Street is a 36-unit apartment community on two contiguous parcels in Long Beach, California. With three brand new ADU's, 17 remodeled units, a great location in the Alamitos Beach neighborhood, and 11 percent rental upside, this offering is a great investment opportunity.

The subject property consists of two two-story buildings with a mix of 18 studios, 15 one-bed/one-bath units, one two-bed/one-bath unit, and two two-bed/two-bath units. The buildings share a beautifully landscaped courtyard with picnic tables for tenants' enjoyment and also feature controlled access and shared laundry.

Location

State CA

County Los Angeles

Area 4 - Downtown Area, Alamitos Beach

Interior

Fireplace No

Laundry Common Area

Exterior

Pool None

Community Features Suburban

Private Pool No

Building

Story 2

Sewer Public Sewer

Water Public

New Construction No

Others

Senior Community No

Tax ID 7275010004

Acceptable Financing Cash, Cash to New Loan

Listing Terms Cash, Cash to New Loan

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)

Listed by Steven Bogoyevac Steven M. Bogoyevac, Broker steve.bogoyevac@marcusmillichap.com, DRE #01332755

NEARBY SCHOOLS & PROPERTIES

Nicole Darwin

Advisor

+1(707) 330-4357

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