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Luxury Home At 527 E 3rd Street, Long Beach, CA 90802 For Sale

 
527 E 3rd Street, Long Beach, CA 90802  |  925.683.9203   
0 Bedroom | 0 Bath | Property size: 7,501 | US$4,600,000
                  
 

 
 

Long Beach     
527 E 3rd Street

Pending Luxe Certification

Two-story 21 unit apartment complex located in the heart of Downtown Long Beach. Unit mix comprised of (9) 2 Bed / 1 Bath, (11) 1 Bed / 1 Bath and (1) Studio units (buyer to verify). Long term ownership with rents roughly 37% below market. The property has (3) on-site parking spaces and leased on-site laundry. Per seller, electrical upgraded with new breakers & wiring roughly 20 years ago. All market rent assumptions based on verifiable bedroom/bathroom count from county records. Long Beach is NOT subject to rent control. *Part of 6 Building, 58 Unit Portfolio*


Nationwide Real Estate Executives
4401 Atlantic Ave. Suite 100 | Long Beach | CA 90807
Andrew McAllister
925.683.9203 | 562.423.8134
drew@nrecommercial.com
MLS# RS18037225
Original Source

Property Type: MultiFamily
Listing Category: Purchase

527 E 3rd Street


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