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… Read More 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. Read Less
Property listed by Coldwell Banker Commercial, Christa Vessell 909-771-8779
Listing Snapshot
Days Online
63
Last Updated
Property Type
Apartment
Lot Size
0.17 Acres
Year Built
1911
MLS Number
PW25033854
Additional Details
Building
Built in 1911, Building area total: 5,449, 1 building, Architectural style: , Attached, Common walls: OneCommonWall
Community
Biking, Curbs, DogPark, Park, StormDrains, StreetLights, Sidewalks
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.
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