1785 E 3rd

Long Beach, CA 90802

About this property

Three blocks to the ocean. This extremely well maintained asset is in one of the best rental areas of Long Beach. There is 30% upside in rents and there is a potential for the existing basement to be made into an ADU. Outstanding unit mix of (4) 1 bedroom units and (1) 1 bedroom unit. The building also has a laundry room and (4) enclosed garages. Long term owner has completed a number of recent upgrades to the property including: New exterior paint New roof upgraded plumbing new front doors and locks with "invisible" screens. New landscaping New irrigation system Walkscore.com gives the property a score of 97 out of 100, a "Walker's paradise". Local attractions include Retro row, The Pike outlets, The Promenade, Shoreline Village and trendy Pine Avenue.

About this property

Three blocks to the ocean. This extremely well maintained asset is in one of the best rental areas of Long Beach. There is 30% upside in rents and there is a potential for the existing basement to be made into an ADU. Outstanding unit mix of (4) 1 bedroom units and (1) 1 bedroom unit. The building also has a laundry room and (4) enclosed garages. Long term owner has completed a number of recent upgrades to the property including: New exterior paint New roof upgraded plumbing new front doors and locks with "invisible" screens. New landscaping New irrigation system Walkscore.com gives the property a score of 97 out of 100, a "Walker's paradise". Local attractions include Retro row, The Pike outlets, The Promenade, Shoreline Village and trendy Pine Avenue.

Features and Additional Information

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$2,125,000 Pending
4,321 sqft

Presented By Coldwell Banker Home Source

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Get in touch today! Phone: 1-760-684-8100
License #01902736
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P.R.S. Properties
1-562-439-0566
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Area Information

2 Belmont Heights | Alamitos Heights | Los Angeles County | Alamitos Heights (AH)

$ 2,125,000
This listing is play_arrow 52.3% higher than the average in the area
$ 1,395,000 in the area
4,321 SqFt
This listing is play_arrow 114.8% larger than the average in the area
2,012 SqFt in the area
$ 492 $/SqFt
This listing is play_arrow 29.1% less than the average in the area
$ 693 $/SqFt in the area
88 days on site
This listing is play_arrow 8700.0% above the average in the area
1 days on site in the area

Schools in the Area

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    Elementary School
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    Middle School
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    High School
Listed By Steve Gamez
Brokerage: P.R.S. Properties

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