1028 E 3RD ST

LONG BEACH, CA, 90802

$5,700,000

$603 per ft²
$5,700,000
$603 per ft²
Active
Active
 - For Sale
beds
14 Beds
baths
12 Baths
carpenters-square
9,452 ft²
property_type
Multi-family
calendar
Built 1962
**FULLY RENOVATED: Over $50k Spent Per Unit** **4.5% Year One Cash-on-Cash Return** **100% Occupied w/Robust Rents** This 12-unit property offers 10 - one/bedrooms and 2- two/bedrooms w/two baths with all units fully remodeled to an extremely high standard, including wood laminate flooring, custom cabinetry, quartz countertops, farmhouse sinks, stainless steel appliances/dishwashers, ceiling fans/air-conditioning, bathroom vanities/porcelain tiled flooring and designer lighting throughout. The plumbing was updated to 100% copper and all units have their own private laundry and are separately metered for gas/electric. This location affords tenants the convenience of being adjacent to the hip/eclectic East Village Arts District as well as Retro Row while being just a short bike ride to Shoreline Village/Belmont Shore.
MLS® ID:
22-157707
Listed:
5/12/22
Updated:
10/3/22

Interior Features

Kitchen Appliances
Microwave, Cooktop - Gas, Oven
Kitchen Features
Remodeled
Total Bedrooms
14
Total Bathrooms
12
Laundry Description
Laundry Closet Stacked
Cooling
Air Conditioning
Heating
Wall Gas

Exterior/Building Features

Lot Size
7,505 ft² lot
Exterior Features
None
Architectural Style
Low Rise

Other Property Details

Garage
Yes
Garage Spaces
6
Parking
Garage Is Attached
Parking Total
8.0
View
N
County
Los Angeles
Pool
No
Zoning
LBR3S

 

Courtesy of Byron Field, Keller Williams Larchmont

Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Ron Costa shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. 

©2022 Combined L.A./Westside MLS. All rights reserved.

Data last updated 10/3/22

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