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listing
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Residential IncomeFor Sale
$3,535,000
1837 E 3rd Street
Long Beach, CA 90802
Listed by Pat Swanson DRE#01382974 [email protected] Pat Swanson
MLS: California Regional MLS (CRMLS)
Est. Mortgage
$18,347/mo

Priced to move...3 blocks from the Beach...6% Actual CAP Rate...25%+ upside! If your client is looking for a "Unicorn" building with a combination of Cash flow, Location, and a Clean property, this is the investment for them. The building includes (10) 1-bedroom units (750+/- sq. ft.), (1) 2-bedroom/1-bath unit, and (1) 2-bedroom/2-bath (owner's unit). Amenities include very large units, upgraded vinyl windows, on-site laundry, six garages (two with driveways), an electric gated entrance, and a 96 walk score! This rare coastal asset is NOT subject to rent control (other than CA) and is being offered for the first time in 26 years.

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Information courtesy of Pat Swanson is subject to verification and is not guaranteed.
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