1212 and 1216 East 3rd Street is a 36-unit apartment community on two contiguous parcels in Long Beach, California. With three brand new ADU’s, 17 remodeled units, a great location in the Alamitos Beach neighborhood, and 11 percent rental upside, this offering is a great investment opportunity.
The subject property consists of two two-story buildings with a mix of 18 studios, 15 one-bed/one-bath units, one two-bed/one-bath unit, and two two-bed/two-bath units. The buildings share a beautifully landscaped courtyard with picnic tables for tenants’ enjoyment and also feature controlled access and shared laundry.
Listing agent:
Steven Bogoyevac
License #01332755
Steven M. Bogoyevac, Broker
1212 3rd is a Residential Income Mixed Use property located in Long Beach, California, featuring a 0.380 acre lot, MLS #PW26062312.