CA > Long Beach > Alamitos Beach
Long Beach, CA 90802,545 West 3rd Street
Long Beach, CA 90802,545 West 3rd Street
Long Beach, CA 90802,545 West 3rd Street
Additional details
Paul Ward

Paul Ward

+1(805) 479-5004
Listed by Christa Vessell • Coldwell Banker Commercial
$1,950,000
Est. payment /mo
5,449 SqFt
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Key Details

Property Type Single Family Home

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

Square Footage 5,449 sqft

Price per Sqft $357

Subdivision Alamitos Beach

MLS Listing ID PW-25033854

Year Built 1911

Lot Size 7,502 Sqft

Property Sub-Type Apartment

Property 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.

Location

State CA

County Los Angeles

Area 4 - Downtown Area, Alamitos Beach

Zoning LBPD30

Interior

Laundry In Closet

Exterior

Parking Features Gated

Pool None

Community Features Biking, Curbs, Dog Park, Park, Sidewalks, Storm Drains, Street Lights

Building

Lot Description 0-1 Unit/Acre

Sewer Public Sewer

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agent

Paul Ward

+1(805) 479-5004

Broker Associate | License ID: 01354001

Broker Associate License ID: 01354001

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