702 E 3rd, Long Beach, CA 90802
702 E 3rd, Long Beach, CA 90802
702 E 3rd, Long Beach, CA 90802
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Tera Rench

Tera Rench

+1(262) 370-7299
$1,300,000
Est. payment /mo
2,504 Sqft Lot
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UPDATED:

Key Details

Property Type Other Types

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

Subdivision Downtown (Dt)

MLS Listing ID SB26222401

HOA Y/N No

Year Built 1919

Lot Size 2,504 Sqft

Property Sub-Type Apartment

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!

Location

State CA

County Los Angeles

Area 4 - Downtown Area, Alamitos Beach

Interior

Fireplace No

Laundry Common Area

Exterior

Pool None

Community Features Street Lights, Sidewalks, Urban

Private Pool No

Building

Lot Description 2-5 Units/Acre, Rectangular Lot

Story 2

Sewer Public Sewer

Water Public

New Construction No

Others

Senior Community No

Tax ID 7281013001

Energy Description 775.0

Acceptable Financing Cash, Cash to New Loan, Conventional, Submit

Listing Terms Cash, Cash to New Loan, Conventional, Submit

Special Listing Condition Standard

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Listed by Malcolm Zeger Buckingham Investments, Inc 626-483-7983, DRE #02013882

NEARBY SCHOOL & BUSINESS

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