$5,950,000
515 W 3rd Street
Long Beach, CA, 90802
Property Description
La Pasada is a 29-unit apartment community located directly across the street from the downtown courthouse. Featuring new sewer lines, plumbing (1st & 2nd floor), electrical system, roof, windows, the entire 1st floor has been rebuilt form the studs out. These units have central HVAC. The 2nd floor has had all the bathrooms completely remodeled and the balance of the interiors upgraded. The 3rd floor features two common area bathrooms and 11 single room occupancy units which are in good condition. The seller is offering to provide a 70% first note and trust deed, at a 5% interest rate, with interest only payments for the term of the loan.
Property Details
Price:
$5,950,000
MLS #:
OC24220952
Status:
Active
Baths:
0
Address:
515 W 3rd Street
Type:
Residential Income
Subtype:
Apartment
Neighborhood:
4downtownareaalamitosbeach
City:
Long Beach
Listed Date:
Oct 23, 2024
State:
CA
ZIP:
90802
Lot Size:
6,093 sqft / 0.14 acres (approx)
Year Built:
1928
Schools
Interior
Exterior
Community Features
Urban
Garage Spaces
0.00
Lot Features
36-40 Units/ Acre
Parking Features
None
Parking Spots
0.00
Pool Features
None
Sewer
Public Sewer
Stories Total
3
Water Source
Public
Financial
Association Fee
0.00
Tenant Pays
Electricity
Need more info?
If you have any questions about this property, we at the Mohr Group would be happy to answer them. Click the button below and send us a message.
Ask a QuestionReady to go see it?
Schedule a ShowingMortgage Calculator
Similar Listings Nearby
- 1237 E 1st Street
Long Beach, CA$6,850,000
1.31 miles away
- 1221 E 1st Street
Long Beach, CA$6,150,000
1.29 miles away
Courtesy of Mike Marcu, Broker. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than Mohr Real Estate Group include the name of the listing broker. Neither the listing company nor Mohr Real Estate Group shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. California Regional Multiple Listing Service. All rights reserved. 515 W 3rd Street
Long Beach, CA
LIGHTBOX-IMAGES
