Seller's Agent in 2024
Pat Swanson
Pat Swanson
(213) 864-2862
4 in this area
55 Total Sales
1837 E 3rd St Long Beach, CA 90802
North Alamitos Beach Neighborhood
15
Beds
14
Baths
9,378
Sq Ft
8,549
Sq Ft Lot
Highlights
- 0.2 Acre Lot
- No HOA
- Laundry Room
- Long Beach Polytechnic High School Rated A
- 6 Car Attached Garage
About This Home
As of December 2024Prime Coastal Investment Opportunity Just three blocks from the beach, this 12-unit complex on 3rd St. boasts an impressive walk score of 96! On the market for the first time in 26 years, this well-maintained building features ten 1-bedroom/1-bathroom units, one 2-bedroom/1-bathroom unit, and one 2-bedroom/2-bathroom unit ideal for an owner's residence. Recently upgraded with vinyl windows, the property also includes on-site laundry facilities, six garages (two with driveways), and a secure, gated entrance. With over 25% upside potential, this property represents a rare chance to acquire a coastal asset with minimal rent control restrictions (limited to CA state laws). Don't miss out on this exceptional investment opportunity!
Last Agent to Sell the Property
Pat Swanson Brokerage Phone: 213-864-2862 License #01382974 Listed on: 06/26/2024
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1958
Lot Details
- 8,549 Sq Ft Lot
- Two or More Common Walls
- Density is 11-15 Units/Acre
Parking
- 6 Car Attached Garage
Home Design
- Apartment
- Mixed Use
Interior Spaces
- 9,378 Sq Ft Home
- 2-Story Property
- Entryway
- Laundry Room
Bedrooms and Bathrooms
- 15 Bedrooms | 14 Main Level Bedrooms
- 14 Full Bathrooms
Location
- Urban Location
Listing and Financial Details
- Tax Lot 19
- Assessor Parcel Number 7275018040
- $2,305 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- 12 Units
Amenities
- Laundry Facilities
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 12/19/2024 12/19/24 | Sold | $3,200,000 | 0.0% | $341 / Sq Ft | |
| 11/19/2024 11/19/24 | Sold | $3,200,000 | -9.5% | $341 / Sq Ft | View Prior Sale |
| 10/31/2024 10/31/24 | Pending | -- | -- | -- | |
| 08/31/2024 08/31/24 | For Sale | $3,535,000 | +10.5% | $377 / Sq Ft | |
| 07/08/2024 07/08/24 | Off Market | $3,200,000 | -- | -- | |
| 06/26/2024 06/26/24 | For Sale | $4,295,000 | -- | $458 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $12,660 | $3,200,000 | $1,700,000 | $1,500,000 |
| 2024 | $12,660 | $829,672 | $266,116 | $563,556 |
| 2023 | $12,426 | $813,405 | $260,899 | $552,506 |
| 2022 | $11,713 | $797,457 | $255,784 | $541,673 |
| 2021 | $11,406 | $781,821 | $250,769 | $531,052 |
| 2019 | $11,242 | $758,633 | $243,332 | $515,301 |
| 2018 | $10,870 | $743,759 | $238,561 | $505,198 |
| 2016 | $9,973 | $714,881 | $229,299 | $485,582 |
| 2015 | $9,607 | $704,144 | $225,855 | $478,289 |
| 2014 | $9,603 | $690,351 | $221,431 | $468,920 |
Source: Public Records
Agents Affiliated with this Home
-
Pat Swanson
-
Anthony Walker
Buyer's Agent in 2024
Anthony Walker
Buckingham Investments, Inc
(310) 982-7055
9 in this area
89 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC24129394
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