Classically Aesthetic 14 Unit Apartment Building in Bluff Heights Historical District. Ideal location in a highly desirable rental area. Being beach close with nearby amenities such as Retro Row, Broadway Corridor, numerous bike paths and great walkability yields a typically low vacancy rate. The building offers a mix of 3 upper level one Bedrooms and 11 Studio units. All have vintage built-ins, flooring and fixtures with enduring appeal. Tenants benefit from small private outdoor spaces for five studio units, and the other five have a short outdoor stoop large enough for small tables and chairs. Majority of the roof is approximately 5-6 years old. Separate electrical meters, with upgrades to both electrical and plumbing. Some gas furnaces have been replaced with electric. The building has three 1 car garages providing additional income. Consistently performing asset with market upside on rents.
Price: | $$3,400,000 USD |
Address: | 3010 E 3rd Street |
City: | Long Beach |
County: | Los Angeles |
State: | California |
Zip Code: | 90814 |
Subdivision: | Belmont Heights (BH) |
MLS: | PW22120296 |
Square Feet: | 5,890 |
Acres: | 0.172 |
Lot Square Feet: | 0.172 acres |