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1212 3rd , Long Beach, CA 90802
Priced at Only: $10,595,000
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Address: 1212 3rd , Long Beach, CA 90802
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  • MLS#: PW26062312 ( Commercial/Residential )
  • Street Address: 1212 3rd
  • Viewed: 8
  • Price: $10,595,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1957
  • Bldg sqft: 0
  • Days On Market: 19
  • Additional Information
  • County: LOS ANGELES
  • City: Long Beach
  • Zipcode: 90802
  • Subdivision: Alamitos Beach (ab)
  • Provided by: Steven M. Bogoyevac, Broker
  • Contact: Steven Steven
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    1212 and 1216 East 3rd Street is a 36 unit apartment community on two contiguous parcels in Long Beach, California. With three brand new ADUs, 17 remodeled units, a great location in the Alamitos Beach neighborhood, and 11 percent rental upside, this offering is a great investment opportunity. The subject property consists of two two story buildings with a mix of 18 studios, 15 one bed/one bath units, one two bed/one bath unit, and two two bed/two bath units. The buildings share a beautifully landscaped courtyard with picnic tables for tenants enjoyment and also feature controlled access and shared laundry.
Features
Additional Parcels Description
  1. 7275010005
Building Area Total
  1. 19248.00
Commoninterest
  1. None
Common Walls
  1. No Common Walls
Country
  1. US
Electric Expense
  1. 0.00
Fuel Expense
  1. 0.00
Garage Spaces
  1. 0.00
Insurance Expense
  1. 0.00
Laundry Features
  1. Community
Lot Features
  1. Lot 10000-19999 Sqft
Netoperatingincome
  1. 527011.00
Number Of Separate Electric Meters
  1. 36
Number Of Separate Gas Meters
  1. 36
Parcel Number
  1. 7275010004
Pool Features
  1. None
Professionalmanagementexpense
  1. 0.00
Property Type
  1. Commercial/Residential
Sewer
  1. Public Sewer
Sourcesystemid
  1. CRM
Sourcesystemkey
  1. 459121769:CRM
Subdivision Name Other
  1. Alamitos Beach (AB)
Taxblock
  1. 132
Totalexpenses
  1. 292788.00
Trash Expense
  1. 0.00
Water Sewer Expense
  1. 0.00
Water Source
  1. Public
Year Built
  1. 1957
Year Built Source
  1. Assessor
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Headshot for Associate Xavier Gomez
  1. Xavier Gomez, BrkrAssc,CDPE
  2. RE/MAX College Park Realty
  3. BRE 01736488
  4. Fax: 714.975.9953
  5. Mobile: 714.478.6676
  6. salesbyxavier@gmail.com
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