545 W 3rd Street, Long Beach, CA, US, 90802
545 W 3rd Street, Long Beach, CA, US, 90802Basics
- Date added: Added 2週間 ago
- Category: ResidentialIncome
- Type: Apartment
- Status: Active
- Floors: 2
- Lot size: 7502, 7502 sq ft
- Year built: 1911
- Subdivision Name: Alamitos Beach (AB)
- Zoning: LBPD30
- County: Los Angeles
- MLS ID: PW25033854
Description
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Description:
Exciting Investment Opportunity in Downtown Long Beach – Prime PD-30 Zoning!
Welcome to 545 W 3rd St, a rare and versatile multi-family property offering tremendous potential for redevelopment in one of Long Beach’s most desirable areas. Situated on a prime lot with coveted PD-30 zoning, this property may offer the potential for up to 40 units (buyer to verify with the city).
The current configuration includes four spacious 3-bedroom, 2-bath units, providing solid rental income while you explore development options. Each unit is well-sized, offering comfortable layouts and potential for renovations or upgrades.
Location is everything, and this property is just steps away from the Gov. George Deukmejian Courthouse, shops, restaurants, and public transit. Whether you're walking to local coffee shops, dining out, or commuting, convenience is at your tenant's doorstep.
Don’t miss this incredible opportunity to own a property with strong income potential and significant upside in one of Southern California’s fastest-growing markets.
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Location
- Directions: West on 3rd st towards the 710
- Lot Size Acres: 0.1722 acres
Building Details
- Water Source: Public
- Lot Features: ZeroToOneUnitAcre
- Sewer: PublicSewer
- Building Area Units: SquareFeet
- Common Walls: OneCommonWall
- Garage Spaces: 0
- Number Of Buildings: 1
Amenities & Features
- Pool Features: None
- Parking Total: 0
- Laundry Features: LaundryCloset
Expenses, Fees & Taxes
- Trash Expense: 0
- Pest Control Expense: $720
- Maintenance Expense: $1,200
- Electric Expense: 0
- Fuel Expense: $480
- Insurance Expense: $3,000
- Water Sewer Expense: 0
Miscellaneous
- List Office Name: Coldwell Banker Commercial
- Listing Terms: Cash,CashToNewLoan
- Common Interest: CommunityApartment
- Community Features: Biking,Curbs,DogPark,Park,StormDrains,StreetLights,Sidewalks
- Attribution Contact: 909-771-8779