527 W 3rd St | Long Beach, CA 90802
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- LoopNet Team
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 | Lot Size | 0.17 AC |
| Property Type | Multifamily | Building Size | 19,935 SF |
| Property Subtype | Apartment | Average Occupancy | 97% |
| Apartment Style | Low-Rise | No. Stories | 3 |
| Building Class | C | Year Built | 1929 |
| 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
| Parcel Number | 7278-022-039 | Improvements Assessment | $2,336,856 |
| Land Assessment | $1,557,902 | Total Assessment | $3,894,758 |
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 |
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