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702 3rd Street
Long Beach, CA 90802
Sold
702 East 3rd Street is a 4-unit multifamily investment property located in the East Village Arts District of Long Beach, CA. 702 East 3rd Street offers an attractive mix of 2, two-bedroom units and 2, three-bedroom units with significant rental upside. The property has received significant capital investment towards modernizing the units with three of four units featuring upgraded countertops, flooring, paint, and appliances. Tenants pay for their own electric and gas. The property is positioned near the intersection of the East Village and Alamitos Beach neighborhoods, offering residents easy access to all that Long Beach has to offer. The property is situated in the East Village Arts District, providing tenants convenient access to the plethora of retail, dining, and entertainment options located in Downtown Long Beach and the Shoreline Village. 702 East 3rd Street is within 1 mile of the 4th Street Corridor, more commonly known as “Retro Row”, a stretch of 4th Street with numerous specialty shops and cafes. Additionally, the property benefits from its location near the junction of East Ocean Boulevard and Alamitos Avenue, two major thoroughfares that connect residents to arterial freeways.
PROPERTY INFORMATION
| MLS # | OC23047340 | Lot Size | 2,614 Sq. Ft. |
| HOA Fees | $0/Monthly | Property Type | Apartment |
| Price | $ 1,325,000
Price Per SqFt: $ 406 |
DOM | 777 Days |
| Address | 702 3rd Street | Type | Residential Income |
| City | Long Beach | Sq.Ft. | 3,264 Sq. Ft. |
| Postal Code | 90802 | Garage | N/A |
| County | Los Angeles | Year Built | 1919 |
| Bed / Bath | 5 / 0 | Parking | N/A |
| Built In | 1919 | Status | Closed |
| Sold Date | 2023-06-30 |
INTERIOR FEATURES
| Has Laundry | Yes |
| Laundry Information | Common Area, Electric Dryer Hookup, Washer Hookup |
EXTERIOR FEATURES
| Has Pool | No |
| Pool | None |
WALKSCORE
MAP
MORTGAGE CALCULATOR
- Principal & Interest:
- Property Tax: $1,413
- Home Insurance:$119
- HOA Fees:$0
- Mortgage Insurance:
PRICE HISTORY
| Date | Event | Price |
| 06/30/2023 | Sold | $1,300,000 |
| 05/15/2023 | Pending | $1,325,000 |
| 05/01/2023 | Active Under Contract | $1,325,000 |
| 04/10/2023 | Relisted | $1,325,000 |
| 04/04/2023 | Active Under Contract | $1,325,000 |
| 03/23/2023 | Listed | $1,325,000 |
Topfind Realty
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(844)-333-8033
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Listing provided courtesy of Tyler Leeson, Marcus & Millichap RE Invest. Based on information from California Regional Multiple Listing Service, Inc. as of #Date#. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
