About This Home
This 8-bedroom, 4-bathroom multi-family at 702 E 3rd in Long Beach, CA is listed for $1,300,000. Built in 1919, on a 0.06 acres lot.
Key Features
- Built in 1919
- 0.06 acre lot
- 2 stories
Property Details
This 4-unit is fantastic for a long-term owner who wants a piece of Downtown Long Beach! This well-located bread and butter 4-unit is located in the East Village Arts District of Downtown Long Beach and has 4 large 2BD/1BA units and a common area laundry room for tenants.
This property is ideally located for tenants, being within walking distance to grocery stores, trendy restaurants, coffee shops, and nightlife. It's a relatively low maintenance building with spacious units and minimal landscaping. Considering 60% of households within 5 miles are renters and the walk score of 97/100, this is an ideal investment for an owner looking for a stable and consistent tenant base. Don't hesitate to reach out!
Monthly Cost Estimate
$6,953/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
702 E 3rd
Long Beach, CA 90802
Downtown (DT)
Questions & Answers
This 8-bedroom, 4-bathroom multi-family at 702 E 3rd is listed at $1,300,000. The estimated monthly payment is $6,953 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1919, 0.06 acre lot, 2 stories.
This property is listed by Malcolm Zeger and can be reached at 6264837983.
