Long Beach, CA 90814,3032 E 3rd ST
Long Beach, CA 90814,3032 E 3rd ST
Long Beach, CA 90814,3032 E 3rd ST
$2,775,000
Est. payment /mo
$2,995,000
7.3%
Est.Price: ?

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7,501 Sqft Lot
SOLD DATE : 02/21/2023

Key Details

Sold Price $2,775,000

Property Type Condo

Sub Type Apartment

Listing Status Sold

Purchase Type For Sale

Subdivision Bluff Park (Blf)

MLS Listing ID PW23004292

Sold Date 02/21/23

HOA Y/N No

Year Built 1919

Lot Size 7,501 Sqft

Property Description

We are pleased to present a 6-unit multifamily property. Built in 1919, the subject property consists of 4,842 rentable square feet spread throughout a 7,501 square foot lot. The building consists of two Studio units and four 1-Bedroom / 1-Bathroom units It contains five garages and six surface spots providing ample on-site parking.

The subject property has gone through an extensive renovation of three out of six units and upgraded exterior finishes and landscaping. The three units that have received extensive renovations include new: kitchens, baths, and flooring throughout. Also, the two downstairs one-bedroom units have beautiful wood French doors that open to front private patios for synergized outdoor space.

Tenants enjoy living in the Bluff Heights Neighborhood East of Downtown Long Beach, a short distance to local beaches, California State University of Long Beach, as well as shopping, restaurants, and nightlife. The city of Long Beach continues to progress forward and is currently experiencing major redevelopment. The Long Beach port is undergoing $4.4 billion in future redevelopment that will create 14,000 new and permanent jobs in Southern California. The city is undergoing a building boom with more than $5 billion in private and public investments in various stages of development. The new $520 million Long Beach Civic Center development will house a new City Hall, Port of Long Beach headquarters and the Main Library. Long Beach sustains its ability to attract renters due to its strong economy and quality of life.

Location

State CA

County Los Angeles

Area 2 - Belmont Heights, Alamitos Heights

Zoning LBR2A

Interior

Fireplace No

Laundry None

Exterior

Garage Spaces 5.0

Garage Description 5.0

Pool None

Community Features Curbs, Gutter(s), Street Lights, Sidewalks, Urban

Total Parking Spaces 11

Private Pool No

Building

Lot Description 6-10 Units/Acre

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 7257028005

Energy Description 893.0

Acceptable Financing Cash, Cash to New Loan, 1031 Exchange

Listing Terms Cash, Cash to New Loan, 1031 Exchange

Financing Cash

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Kevin King • Marcus & Millichap • kking@marcusmillichap.com
Bought with Leonel Ceballos • eXp Realty

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Todd McIntosh

+1(310) 770-8626

Agent | License ID: 01472763

Agent License ID: 01472763

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