P.R.S. Properties
Listed by P.R.S. Properties
$2,125,000
1785 E 3rd
Details
APN 7275014033
Property Type Multifamily
Sub Type Apartment Building
Units 5
Buildings 1
Acreage 0.099
Zoning Assessor
Multifamily | 5 Units
Marketing description
Three blocks to the ocean. This extremely well maintained asset is in one of the best rental areas of Long Beach. There is 30% upside in rents and there is a potential for the existing basement to be made into an ADU. Outstanding unit mix of (4) 1 bedroom units and (1) 1 bedroom unit. The building also has a laundry room and (4) enclosed garages. Long term owner has completed a number of recent upgrades to the property including: New exterior paint New roof upgraded plumbing new front doors and locks with "invisible" screens. New landscaping New irrigation system Walkscore.com gives the property a score of 97 out of 100, a "Walker's paradise". Local attractions include Retro row, The Pike outlets, The Promenade, Shoreline Village and trendy Pine Avenue.
Listing Contacts
P.R.S. Properties
Listed by P.R.S. Properties
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