3024 East 3rd Street is a remodeled 15-unit apartment building in Long Beach, California’s desirable Bluff Heights neighborhood. The property boasts three new ADU’s and a unit mix of three studios, 11 one-bed/one-baths, and one two-bed/one-bath. The building also offers on-site laundry. 3024 East 3rd Street is… Read More in an excellent rental location in the Bluff Heights neighborhood, known for its historic homes and tree-lined streets, one block to an elementary school, within easy walking distance of popular restaurants along Broadway, and a half-mile to Bluff Park and the beach. This offering is an outstanding investment opportunity for any investor looking for an asset in great condition in a strong coastal rental market, and 14 percent rental upside offers growth potential. Read Less
Property listed by Steven M. Bogoyevac, Broker, Steven Bogoyevac [email protected]
Listing Snapshot
Days Online
10
Last Updated
Property Type
Mixed Use
Lot Size
0.17 Acres
Year Built
1957
MLS Number
PW24250179
Additional Details
Building
Built in 1957, Building area total: 7,681, 1 building, Common walls: NoCommonWalls
Community
Suburban
Expenses
Operating expense: $106,279
Income
Gross income: $250,399, Net operating income: $250,399
Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Confirm your time
Fill in your details and we will contact you to confirm a time.
