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2828 E 3rd Street

Long Beach, CA 90814
  • $1,650,000
  • STATUS: Active
  • ON SITE: 4 Days
  • MLS #: PW23170445
Open House
UPDATED: 61 min ago
$1,650,000
  • 0
    BEDS
  • 0.17
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Multi-Family
Built:
1925
County:

School Ratings & Info

Listing Agent(s): Wayne Ishimine of Y Realty (877-976-5348)


Description

Great opportunity for an owner-occupant or appreciative investor to procure an architectural gem. This Spanish colonial revival style duplex includes a 2 bed, 1 1/2 bath owners unit of approx 1800 sq ft, with coved ceilings, arched entryways, built-ins, alcove, and detailed wood molding. A quartz counter top kitchen with shaker cabinetry and new dishwasher opens to the family room with a high wood beamed ceiling. A spacious, composite material deck creates an excellent extension to the family room. The 2nd unit is a similar floor plan with approx 1400 sq ft, featuring a beautifully etched mock fireplace and original hardwood flooring. All bedrooms are oversized with great closet space and have access to quaint balconies. The units have central A/C and individual laundry rooms. Gas and electricity (200 amp service) are separately metered. The large lot allows for a savvy investor to explore its ADU potential. Located blocks from the beach, 4th St Retro Row, Broadway, and close to downtown and Belmont Shore, this is an ideal residence and/or investment.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2023-09-21T07:41:09.35. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Zia Group | eXp Realty. Licensed in the State of California, USA.
www.theziagroup.com/homes/143461810
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2828 E 3rd Street Long Beach, CA 90814

  • Price: $1,650,000
  • Status: Active
  • On Site: 4 Days
  • Updated: 61 min ago
  • MLS #: PW23170445
0
Beds
0
Baths
0
½ Baths
0.17
Acres
1925
Built
Neighborhood:
2 - Belmont Heights, Alamitos Heights
County:
Los Angeles
Area:
2 - Belmont Heights, Alamitos Heights
Property Description
Great opportunity for an owner-occupant or appreciative investor to procure an architectural gem. This Spanish colonial revival style duplex includes a 2 bed, 1 1/2 bath owners unit of approx 1800 sq ft, with coved ceilings, arched entryways, built-ins, alcove, and detailed wood molding. A quartz counter top kitchen with shaker cabinetry and new dishwasher opens to the family room with a high wood beamed ceiling. A spacious, composite material deck creates an excellent extension to the family room. The 2nd unit is a similar floor plan with approx 1400 sq ft, featuring a beautifully etched mock fireplace and original hardwood flooring. All bedrooms are oversized with great closet space and have access to quaint balconies. The units have central A/C and individual laundry rooms. Gas and electricity (200 amp service) are separately metered. The large lot allows for a savvy investor to explore its ADU potential. Located blocks from the beach, 4th St Retro Row, Broadway, and close to downtown and Belmont Shore, this is an ideal residence and/or investment.
Exterior Features

Architectural Style Spanish Construction Materials Stucco Entry Level 1 Entry Location 1st Fencing Block Foundation Details Raised Lot Features Front Yard Number Of Separate Electric Meters 2 Open Parking Spaces 4 Parking Features DrivewayGarage Parking Total 8 Pool Features None Pool Private YN No Property Attached YN Yes Roof CompositionFlat Spa Features None Spa YN No View None View YN No

Interior Features

Accessibility Features None Appliances DishwasherElectric OvenDisposalRefrigerator Common Walls 2+ Common Walls Cooling Central Air Cooling YN Yes Fireplace Features DecorativeLiving Room Fireplace YN Yes Flooring CarpetWood Heating Central Heating YN Yes Interior Features Beamed CeilingsBalconyAll Bedrooms Down

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Cap Rate 3.4 Common Interest None Community Features Street LightsSuburbanSidewalks Contingency Probate Sale. Executor Has Full Authority. Court Confirmation is Not Required At This Time. Include C.A.R. Form Probate Agreement Addendum With All Offers. Per Paragraph 3A(2) Of Form Pa-PaAccepted Offers Are Subject To 15 Day Objection Period For Beneficiaries/Heirs/Interested Parties. Disclosures HistoricalRent Control Garage YN Yes Gross Income 81600 Gross Scheduled Income 81600 Inclusions StovesRefrigeratorsWashersDryer Insurance Expense 2000 Land Lease YN No Laundry Features Washer HookupGas Dryer HookupLaundry Room Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms Cash To New Loan Net Operating Income 56400 New Construction YN No New Taxes Expense 20000 Number Of Separate Gas Meters 2 Number Of Separate Water Meters 1 Operating Expense 25200 Possession Close Of Escrow Property Condition Additions/Alterations Property Sub Type Duplex Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Probate Listing Trash Expense 0 Utilities Electricity ConnectedNatural Gas ConnectedSewer Connected Water Sewer Expense 2000 Water Source Public Zoning Lbr2a



Based on information from California Regional Multiple Listing Service, Inc. as of 2023-09-21T07:41:09.35. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Zia Group | eXp Realty. Licensed in the State of California, USA.
 
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The Zia Group | eXp Realty
10 E Yanonali St #11
Santa Barbara CA, 93101
Listing Agent(s): Wayne Ishimine of Y Realty (877-976-5348)