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Off market
  • $2,896,600

    1028 E 3rd St, Long Beach, CA 90802

    --beds
    0baths
    9,452sqft
    MultiFamily
    Built in 1962
    -- sqft lot
    $2,896,600 Zestimate®
    $306/sqft
    $2,461 Estimated rent

    What's special

    **FULLY RENOVATED: Over $50k Spent Per Unit** **5.4% Year One Cash-on-Cash Return** **100% Occupied w/Robust Rents** This 12-unit property offers 10 - one/bedrooms and 2- two/bedrooms w/two baths with all units fully remodeled to an extremely high standard, including wood laminate flooring, custom cabinetry, quartz countertops, farmhouse sinks, stainless steel appliances/dishwashers, ceiling fans/air-conditioning, bathroom vanities/porcelain tiled flooring and designer lighting throughout. The plumbing was updated to 100% copper and all units have their own private laundry and are separately metered for gas/electric. This location afford tenants the convenience of being adjacent to the hip/eclectic East Village Arts District as well as Retro Row while being just a short bike ride to Shoreline Village/Belmont Shore.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 0
    Heating
    • Forced air, Electric, Gas
    Cooling
    • Central
    Appliances
    • Included: Dishwasher, Dryer, Garbage disposal, Microwave, Washer
    • Laundry: In Unit
    Features
    • Flooring: Tile, Hardwood
    Interior area
    • Total interior livable area: 9,452 sqft

    Property

    Parking
    • Total spaces: 8
    • Parking features: Garage - Attached
    Lot
    • Size: 7,505 sqft

    Construction

    Type & style
    • Home type: MultiFamily
    Condition
    • Updated/Remodeled
    • Year built: 1962

    Community & neighborhood

    Location
    • Region: Long Beach

    Other

    Other facts
    • County: Los Angeles
    • Equipment: Dishwasher, Garbage Disposal, Range/Oven, Ceiling Fan, Dryer, Microwave, Washer
    • ListingStatus: Active
    • PropertyType: Residential Income
    • SourceLivingArea: Vendor Enhanced
    • SourceLotSizeArea: Vendor Enhanced
    • Cooling: Air Conditioning, Ceiling Fan
    • BathroomFeatures: Tile, Shower and Tub
    • Laundry: In Unit
    • Flooring: Hardwood, Ceramic Tile
    • CookingAppliances: Cooktop - Gas, Microwave, Oven-Gas
    • ParkingGarage: Garage Is Attached
    • PropertyCondition: Updated/Remodeled
    • WaterHeaterFeatures: Central Water Heater, Gas
    • Heating: Electric
    • Country: US
    • ListingArea: Downtown Area, Alamitos Beach
    • OtherStructuralFeatures: Full Copper Plumbing
    • Roof: Common Roof
    • FoundationDetails: Raised
    • UnitTypeType: 2106, 2107, 2108, 2109, 2110, 2111, 2112, 2113, 2114, 2115, 2116, 2117
    Services availability
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    Estimated market value

    $2,896,600

    Get a cash offer in 3 minutes

    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.

    Estimated market value

    $2,896,600