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+15624180777
Berkshire Hathaway
702 E 3rd, Long Beach, CA 90802
- $1,300,000
- List Price
- $1,300,000
- Status
- ACTIVE
- MLS#
- SB26222401
- Year Built
- 1919
- Lot Size
- 2,503
- Acres
- 0.06
- Lot Location
- 2-5 Units/Acre, Rectangular Lot
- Days on Market
- 5
- Property Type
- Multifamily
- Property Sub Type
- Apartment
- Neighborhood
- Downtown (Dt)
Property Description
This 4-unit is fantastic for a long-term owner who wants a piece of Downtown Long Beach! This well-located bread and butter 4-unit is located in the East Village Arts District of Downtown Long Beach and has 4 large 2BD/1BA units and a common area laundry room for tenants. This property is ideally located for tenants, being within walking distance to grocery stores, trendy restaurants, coffee shops, and nightlife. It's a relatively low maintenance building with spacious units and minimal landscaping. Considering 60% of households within 5 miles are renters and the walk score of 97/100, this is an ideal investment for an owner looking for a stable and consistent tenant base. Don't hesitate to reach out!
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Additional Information
- Pool Description
- None
- Sewer
- Public Sewer
- Water
- Public
- Attached Structure
- Attached
- Number Of Units Total
- 4
- Gross Scheduled Income
- $92,374
- Operating Expense
- 35736
Listing courtesy of Listing Agent: Malcolm Zeger (malcolm.zeger@buckinghaminvestments.com) from Listing Office: Buckingham Investments, Inc.
Mortgage Calculator
Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.