1750 E 3Rd St, Long Beach, CA 90802
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1750 E 3Rd St Long Beach, CA 90802

$3,200,000
  • 4 Beds
  • 4 Baths
  • 6,732 Sq.Ft.
For Sale
$3,200,000 Get Pre-Qualified

Map preview of 1750 E 3Rd St, Long Beach, CA 90802

Property Overview: 1750 E 3Rd St Long Beach, CA has 4 bedrooms, 4 bathrooms, 6,732 living square feet and 8,270 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Prime Alamitos Beach location. Excellent low vacancy rental area. First time for sale in 28 years! Court style 16 unit apt. building with 4-(1 Br's), 12-(Studio's), 4-(Garages). New paint and stucco within past 3 years. New vinyl windows and laminate flooring in most units. Fixer opportunity...Property needs repiping! Separate Electric meters, Master Gas. Huge Lot 55 X 151.

Listed by Mark Kachigan | BRE #00644779 | Pabst, Kinney & Associates
Last checked: 10 minutes ago | Last updated: May 4th, 2024 | Source CRMLS | DOM: 41
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Home details

Lot Sq. Ft
8,270
HOA Dues
$0/mo
Year built
1922
Garage
4 Car
Property Type:
Apartment
Status
Active
MLS#
PW24057484
City
Long Beach
County
Los Angeles
Time on Site
44 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 16
  • Total # of Buildings: 1
  • # of Electric Meters: 17
  • # of Gas Meters: 1
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 4
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $6,450
  • Total Rent: $6,450
Unit Breakdown 2
  • # of Units: 12
  • # of Beds: 0
  • # of Baths: 0
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $14,750
  • Total Rent: $14,750
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 12.6
  • Gross Scheduled Income: $254,400
  • Net Operating Income: $148,061
  • Gross Operating Income: $246,768
  • Vacancy Allowance: $7,632
  • # of Rented Garages: 4
  • Other Income Description: Laundry with "WASH", Garages
Annual Expense Breakdown
  • Total Operating Expense: $98,707
  • Electric: $0
  • Gas/Fuel: $0
  • Licenses: $295
  • Trash: $0
  • Gardener: $1,500
  • Insurance: $5,047
  • Professional Management: $20,911
  • Water/Sewer: $0
  • Other Expenses: $10,693
  • Other Expense Description: Utility

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Property Details for 1750 E 3Rd St

Interior Features
Laundry Information
  • Has Laundry
  • Individual Room
Room Information
  • Flooring: Laminate
Interior Features
  • Levels: Two
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 4
  • # of Parking Spaces: 4
Lot Information
  • Lot Features: Level with Street, Rectangular Lot, Level, Near Public Transit, Park Nearby
  • Lot Size Source: Assessor
  • Common Interest: Community Apartment
Property Information
  • Common Walls: 2+ Common Walls
  • Total # of Units: 16
  • Parcel Number: 7275013020
  • Year Built Source: Public Records
  • Entry Level: 1
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Assessment Information
  • Has Assessments
  • Assessments: Unknown
Location / Neighborhood
Location Information
  • Subdivision Name: Alamitos Beach (AB)
  • Directions: West of Cherry, North of Broadway
  • Road Surface Type: Paved
Neighborhood Information
  • Community Features: Curbs, Sidewalks
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Sale History for 1750 E 3Rd St

Last sold on July 18th, 2016
  • April, 2024

  • Apr 3, 2024

    Date

    Active

    CRMLS: PW24057484

    $3,200,000

    Price

  • July, 2016

  • Jul 18, 2016

    Date

    Sold (Public Records)

    Public Records

    --

    Price

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Tax History for 1750 E 3Rd St

Assessed Value (2020): $1,091,411
Year Land Value Improved Value Assessed Value
2020 $435,584 $655,827 $1,091,411

Home Value Compared to the Market

This property vs the competition

1750 E 3Rd St is listed 300.5% higher than the median list price for the city of Long Beach which has a median list price of $799,000. The median price per/sqft for Long Beach is $643 and this home is listed at $475.34 per/sqft which puts the price per square foot 26.07% lower than the median price per square foot for the city of Long Beach.

About 1750 E 3Rd St

Detailed summary of property

1750 E 3Rd St is a apartment located in Long Beach, CA 90802 and is currently for sale. This apartment offers 4 bedrooms, 4 bathrooms, roughly 6,732 living square feet, and sits on an approximately 8,270 square foot lot. 1750 E 3Rd St was first listed on ArdentRealEstateGroup.com on April 3, 2024. The homeowner is currently asking $3,200,000. The median priced home in Long Beach is $799,000 with a median price per square foot of $643. Based on Ardent Real Estate Group's Long Beach Market Data, this home is listed 300.5% higher than the median priced home. Local competing homes currently for sale include 219 Prospect Ave, 219 Prospect Ave and 5121 E Ocean Blvd. While the average home in Long Beach, CA is selling in 51 days, 1750 E 3Rd St has a days on market of 41 days. There are currently 639 homes for sale in the Long Beach real estate market and 366 of them are single family homes while 259 of them are condos and 14 are townhomes. For more information on this home for sale at 1750 E 3Rd St Long Beach, CA 90802 contact Ardent Real Estate Group and we will put you in touch with one of our Long Beach agents.

Public Facts for 1750 E 3Rd St

Public county record property details
Beds
16
Baths
16
Year built
1922
Sq. Ft.
6,732
Lot Size
8,268
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
7
APN
7275-013-020

The source for these homes facts are from public records.

90802 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$530,000
Median List Price/Sq.Ft.
$630
Median Sold Price
$540,000
Median Sold Price/Sq.Ft.
$627
Total Inventory
130
Median Sale to List Price %
102.86%
Avg Days on Market
37
Loan Type
Conventional (51.52%), FHA (3.03%), VA (3.03%), Cash (24.24%), Other (15.15%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. 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.