$1,400,000
( $289.14Per Sq Foot )
 $7,516 est/mo Sourced by Back At You

434 E 3rd Street , Long Beach, CA 90802

Long Beach, CA 90802

Share with a friend

Description

We are pleased to present the opportunity to acquire 434 E 3rd Street, a versatile property that is in the heart of Downtown Long Beach's East Village Arts District. The property benefits from 18ft ceilings with exterior shear walls and onsite parking with a curb cut and roll-up garage. The property can be stabilized and leased as a rental, purchased for an owner user (which is its current use) or it can be entitled and developed into a multifamily or mixed use property. With the ability to divide the space into multiple units or raze the site, potential uses include retail, office, multifamily, mixed use, live/work lofts, and more. 434 E 3rd Street benefits from Long Beach's most desirable zoning - LBPD30. There is an 80ft height limit with a 4.0 FAR and no parking requirements. The property is also in an opportunity zone. It is rare to see such a low price point for properties situated on large lots in Downtown Long Beach's most desirable East Village Arts District.

Details

MLS#PW24225363
Listing TypeFor Sale
StyleIndustrial
Sub-TypeResale
StatusActive
Year1950
Days On Site9
Listing Provided ByYounglewin Advisors, Inc. 562-318-0215 | Shane Young

Features

SQ Feet4,842
Story(s)1
ZoningPD30
Acreage0.13

Market Activity 90802

MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the California Regional MLS.

Request a showing

Request a showing

Loading Form
Listings Checked: 7 minutes ago
StateCA
CountyLos Angeles
CityLong Beach
Zip Code90802
Area4 Downtown Area | Alamitos Beach
Listing VS Median (in 90802)
Price:
$1,400,000
low | high
Med:
$437,000
100% of Average
SqFt:
4,842
low | high
Med:
726
100% of Average
$ / SqFt:
$289
low | high
Med:
$604
58.867764519353% of Average
On Site:
9
low | high
Med:
118.000000
7.627118644068% of Average
Sourced by Back At You
Listing Updated: October 31, 2024 at 5:48:55 PM PDT