421 West 3rd Street
421 West 3rd Street
$2,353,000
5
8
5,100
5,100
$461
Closed 7/26/21
Description
Price improvement and priced to sell! A perfect downtown Long Beach investment property. Totally TURN KEY with 7 unique units located in the heart of a fast growing city and only 3 blocks to the beach. This property also falls within the PD-30 Plan for downtown and located in the height incentive area for future investors to build up! Each unit is metered separately for gas and electric, has its own tankless water heater AND has private laundry inside each unit. WOW! There are 4 large one bedroom...Price improvement and priced to sell! A perfect downtown Long Beach investment property. Totally TURN KEY with 7 unique units located in the heart of a fast growing city and only 3 blocks to the beach. This property also falls within the PD-30 Plan for downtown and located in the height incentive area for future investors to build up! Each unit is metered separately for gas and electric, has its own tankless water heater AND has private laundry inside each unit. WOW! There are 4 large one bedroom one bath with a lovely balance of upgrades yet keeping the charm alive with exposed beams, hardwood floors and built-ins. Each unit also has their own outdoor balcony space. The 5th one bedroom one bath is a totally remodeled, very popular Air B&B that brings more income to this investment property. Upstairs is a gorgeous 3 bedroom 2 bath with gas fireplace and comes with 2 parking spaces. The last unit is an adorable studio apartment. There are 5 parking spaces on site and one separate garage space on the property. This property is at 100% capacity and tenants that do not park on site, have assigned parking directly across the street at the Gallery. A modern courtyard separates the two structures complete with lounge seating and eating area. This property has 3 security gates that allows for private entry. This investment property has it all. Close to THE PIKE, shoreline drive, the promenade and freeways. Great opportunity for a 10-31 exchange!!
Listing Agents
Property Details for 421 West 3rd Street
Architectural Style
Craftsman
Parking Spaces Total1
Private PoolNo
Total Units7.0
Building TypeAttached
Lot Size SourceAssessor
Living Area5100
Assessor Parcel Number7280-013-028
Location
LISTING UPDATED: 07/28/2021 08:40 AM
Property Details for 421 West 3rd Street
Status | Closed |
---|---|
MLS # | PW20029181 |
Days on Market | 416 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Mixed Use |
MLS Type | Residential Income |
Year Built | 1910 |
Lot Size | 0.17 AC / 7,500 SF |
County | Los Angeles County |
Location
Building Information for 421 West 3rd Street
Stories2Residences-Year Built1910Building Size-Lot Size0.17 AC / 7,500 SF
Payment Calculator
$15,541 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 421 West 3rd Street
Property History for 421 West 3rd Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 421 West 3rd Street
Taxable ValueLand$1,560,600Additions$839,460Total$2,400,060
Tax Record2023$32,403 ($2,700 / month)
Home Facts
Total Finished SqFt5,292 SqFtAbove Grade Finished SqFt5,292 SqFtLot Size7,505 SqFtStyleMulti-Family Res (5+ Units)ZoningLBPD30CountyLOS ANGELESAPN7280-013-028
Schools near 421 West 3rd Street
This home is within Long Beach Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Chavez Elementary School PublicK to 5 | ||
Washington Middle School Public6 to 8 | ||
Cabrillo High School Public9 to 12 | ||
Renaissance High School For The Arts Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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