Key Details

Property Type Single Family Home

Sub Type Apartment

Listing Status Pending

Purchase Type For Sale

Square Footage 3,264 sqft

Price per Sqft $405

MLS Listing ID OC-23047340

Year Built 1919

Lot Size 2,613 Sqft

Property Sub-Type Apartment

Property Description

702 East 3rd Street is a 4-unit multifamily investment property located in the East Village Arts District of Long Beach, CA. 702 East 3rd Street offers an attractive mix of 2, two-bedroom units and 2, three-bedroom units with significant rental upside. The property has received significant capital investment towards modernizing the units with three of four units featuring upgraded countertops, flooring, paint, and appliances. Tenants pay for their own electric and gas. The property is positioned near the intersection of the East Village and Alamitos Beach neighborhoods, offering residents easy access to all that Long Beach has to offer. The property is situated in the East Village Arts District, providing tenants convenient access to the plethora of retail, dining, and entertainment options located in Downtown Long Beach and the Shoreline Village. 702 East 3rd Street is within 1 mile of the 4th Street Corridor, more commonly known as "Retro Row", a stretch of 4th Street with numerous specialty shops and cafes. Additionally, the property benefits from its location near the junction of East Ocean Boulevard and Alamitos Avenue, two major thoroughfares that connect residents to arterial freeways.

Location

State CA

County Los Angeles

Zoning LBPD30

Interior

Laundry Common Area, Electric Dryer Hookup, Washer Hookup

Exterior

Parking Features Gated

Pool None

Community Features Curbs, Sidewalks

Building

Lot Description Level with Street

Sewer Public Sewer

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Nearby School & Business

Paul Ward

Broker Associate License ID: 01354001

+1(805) 479-5004 | paul@homeandranchteam.com

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702 East 3rd Street Long Beach, CA 90802