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527 W 3rd St
Long Beach, CA 90802

Magnolia · Multifamily Property For Sale · 36 Units

INVESTMENT HIGHLIGHTS

  • Offered at 12.89 x Gross at Current Rents
  • Most Units Renovated with Designer Kitchens and Bathrooms
  • Secured Access Building with On-Site Laundry Room
  • Prime Downtown Long Beach Location
  • Electrical Systems Have Been Significantly Upgraded
  • Just Steps from Metro Transportation Line

PROPERTY FACTS

No. Units 36
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low Rise
Building Class C
Lot Size 0.17 AC
Building Size 19,935 SF
Average Occupancy 97%
No. Stories 3
Year Built 1929

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
1+1 4 $1,838 680
Studios 32 $1,472 400 - 525

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
7278-022-039
Land Assessment
$1,557,902
Improvements Assessment
$2,336,856
Total Assessment
$3,894,758

ZONING

Zoning Code PD30, Long Beach
PD30, Long Beach
  • Listing ID: 27590188

  • Date on Market: 1/25/2023

  • Last Updated:

  • Address: 527 W 3rd St, Long Beach, CA 90802

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