1212 E 3rd St | Long Beach, CA 90802
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1212 E 3rd St
Long Beach, CA 90802
1212 & 1216 East 3rd Street · Multifamily Property For Sale
·
36 Units
Investment Highlights
- 36 Units on Two Contiguous Parcels in Long Beach’s Popular Alamitos Beach Neighborhood
- Mix Of 18 Studios, 15 One-Bed/One-Bath Units, One Two-Bed/One-Bath Unit, and Two Two-Bed/Two-Bath Units
- Offered Along With 338 Linden Avenue, a 17-Unit Apartment Building in Long Beach | Assets Available Separately or Together
- Property Boasts Three Brand New ADU’s and 17 Units Have Been Remodeled
- 16 Percent Rental Upside
Property Facts
| No. Units | 36 | Lot Size | 0.19 AC |
| Property Type | Multifamily | Building Size | 19,248 SF |
| Property Subtype | Apartment | Average Occupancy | 100% |
| Apartment Style | Low-Rise | No. Stories | 2 |
| Building Class | C | Year Built | 1957 |
| Zoning | LBR3S | ||
| No. Units | 36 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.19 AC |
| Building Size | 19,248 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1957 |
| Zoning | LBR3S |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 18 | - | 1 |
| 1+1 | 15 | - | - |
| 2+1 | 1 | - | - |
| 2+2 | 2 | - | - |
Property Taxes
| Parcel Numbers | Improvements Assessment | $3,555,046 | |
| Land Assessment | $5,347,425 | Total Assessment | $8,902,471 |
Property Taxes
Parcel Numbers
Land Assessment
$5,347,425
Improvements Assessment
$3,555,046
Total Assessment
$8,902,471
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