9
See all 9 photos
$2,025,000
Est. payment /mo
7,502 Sqft Lot
New
545 W 3rd Street Long Beach, CA 90802
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UPDATED:
02/21/2025 02:55 PM
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID PW25033854
HOA Y/N No
Lot Size 7,502 Sqft
Property Sub-Type Res Income 2-4 Units
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 Beachs 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. Dont miss this incredible opportunity to own a property with strong income potential and significant upside in one of Southern Californias fastest-growing markets.
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 Beachs 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. Dont miss this incredible opportunity to own a property with strong income potential and significant upside in one of Southern Californias fastest-growing markets.
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 Beachs 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. Dont miss this incredible opportunity to own a property with strong income potential and significant upside in one of Southern Californias fastest-growing markets.
Location
State CA
County Los Angeles
Area Long Beach (90802)
Zoning Public Rec
Building
Lot Description Curbs, Sidewalks
Story 2
Lot Size Range 7500-10889 SF
Others
Monthly Total Fees $1, 225
Acceptable Financing Cash
Listing Terms Cash
Listed by Christa Vessell • Coldwell Banker Commercial