CA > Long Beach
Long Beach, CA 90802,545 W 3rd Street
Long Beach, CA 90802,545 W 3rd Street
Long Beach, CA 90802,545 W 3rd Street
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$1,950,000
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3 Beds
3 Baths
7,502 Sqft Lot
Price Dropped by $75K

545 W 3rd Street Long Beach, CA 90802

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Richard Combs

Richard Combs

Hunter & Maddox International Inc.

+1(619) 838-9307

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID PW25033854

Bedrooms 3

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.

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

Space Rent $2,625

Listing Terms Cash

San Diego Regional MLS (SDMLS)
Listed by Christa Vessell • Coldwell Banker Commercial

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agent

Richard Combs

Broker | License ID: 01526804

+1(619) 838-9307

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545 W 3rd Street

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