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535 W 3rd Street
MixedUse
$4,300,000

Unidades

16

Tamaño del Edificio

12,506 sf

Tamaño del Lote

7,458 sf

Estado

Vendida

Agente del Listado: Steven Bogoyevac, Steven M. Bogoyevac, Broker

Long Beach

535 W 3rd Street

Sobre Esta Propiedad

535 West 3rd Street is a 16-unit apartment building in Long Beach, California. This property is located right in the hustle and bustle of flourishing Downtown Long Beach across from the Governor George Deukmejian Courthouse and conveniently near dining, retail, and entertainment (WalkScore: 91). The building is a 1964 construction with a desirable mix of 13 two-bed/two-bath units and three one-bed/one-bath units, garage and tandem driveway parking, balconies, and on-site laundry. Excitingly, four ADU’s are approved and RTI. Meanwhile, existing rents offer a new investor 15 percent rental upside. Assumable financing is available at 3.2% fixed rate with five years remaining, one of which is interest-only; the remaining loan balance is approximately $2.5 Million. This asset is offered as part of a portfolio of Long Beach apartment buildings that range from eight to 52 units. Properties available separately or together.

Composición de Unidades

  • 1 unidad · 2rec / 2ba
  • 1 unidad · 1rec / 1ba

Vecindario

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Vendida Por

$4,300,000

Agente de Listado

Steven Bogoyevac

Steven M. Bogoyevac, Broker