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3009 E 3Rd St, Long Beach, CA 90814
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3009 E 3Rd St Long Beach, CA 90814

$1,695,000
  • 7 Beds
  • 7 Baths
  • 4,148 Sq.Ft.
For Sale
$1,695,000 Get Pre-Qualified
Map preview of 3009 E 3Rd St, Long Beach, CA 90814

Property Overview: 3009 E 3Rd St Long Beach, CA has 7 bedrooms, 7 bathrooms, 4,148 living square feet and 4,510 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: Well maintained, 7 Units (All 1 br's) apartment building in Alamitos Beach! First time on the market in 50 years! Excellent low vacancy rental area! Low maintenance, clean, conforming building with a pleasant grass courtyard. Recent exterior paint. New water heater installed April 2024. Upgraded windows. Laundry room and owners storage room (for bldg. maintenance supplies). See attached supplements for rent roll, expenses and analysis details. This is priced to sell !

Listed by Mark Kachigan | BRE #00644779 | Pabst, Kinney & Associates
Last checked: 11 minutes ago | Last updated: August 30th, 2024 | Source CRMLS | DOM: 27

Home details

Lot Sq. Ft
4,510
HOA Dues
$0/mo
Year built
1950
Garage
--
Property Type:
Apartment
Status
Active
MLS#
PW24170870
City
Long Beach
County
Los Angeles
Time on Site
28 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 7
  • Total # of Buildings: 1
  • # of Electric Meters: 8
  • # of Gas Meters: 8
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 7
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $10,850
  • Total Rent: $10,850
  • Pro Forma/Market Rent: $12,070
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 4.8%
  • Gross Rent Multiplier: 13
  • Gross Scheduled Income: $130,200
  • Net Operating Income: $81,155
  • Gross Operating Income: $126,300
  • Vacancy Allowance: $3,900
  • # of Rented Garages: 0
  • Garage Rental Rate: $0
  • Garage Rental Income: $0
  • Laundry Own/Lease: Own
Annual Expense Breakdown
  • Total Operating Expense: $45,145
  • Electric: $0
  • Gas/Fuel: $0
  • Licenses: $720
  • New Taxes: $19,000
  • Trash: $1,200
  • Gardener: $600
  • Insurance: $4,800
  • Maintenance: $6,500
  • Professional Management: $5,400
  • Water/Sewer: $0
  • Other Expenses: $3,180
  • Other Expense Description: Utility

Open Houses for 3009 E 3Rd St

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Property Details for 3009 E 3Rd St

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • Community
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Wood
Interior Features
  • Copper Plumbing Partial, Tile Counters
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
Exterior Features
Exterior Information
  • Roof: Composition
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • No
  • Parking Features: None, Street
Lot Information
  • Lot Features: Lawn, Level with Street, Rectangular Lot, Near Public Transit, Walkstreet
  • Lot Size Source: Assessor
  • Common Interest: Community Apartment
Property Information
  • No View
  • View: None
  • Common Walls: 2+ Common Walls
  • Total # of Units: 7
  • Parcel Number: 7257022013
  • Year Built Source: Assessor
  • Architectural Style: Traditional
  • Entry Level: 1
  • Foundation Details: Raised
  • Property is Attached
  • Accessibility Features: None
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: Belmont Heights (BH)
  • Directions: West of Redondo, North of Broadway
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
Neighborhood Information
  • Community Features: Biking, Curbs, Dog Park, Golf, Park, Sidewalks, Storm Drains, Street Lights
View more facts & features

Local Long Beach Agent

Sale History for 3009 E 3Rd St

Last sold on January 7th, 2008

  • August, 2024

  • Aug 22, 2024

    Date

    Active

    CRMLS: PW24170870

    $1,695,000

    Price

  • January, 2008

  • Jan 7, 2008

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 3009 E 3Rd St

Assessed Value (2020): $219,692
Year Land Value Improved Value Assessed Value
2020 $41,556 $178,136 $219,692

Home Value Compared to the Market

This property vs the competition

3009 E 3Rd St is listed 117.31% higher than the median list price for the city of Long Beach which has a median list price of $780,000. The median price per/sqft for Long Beach is $646 and this home is listed at $408.63 per/sqft which puts the price per square foot 36.74% lower than the median price per square foot for the city of Long Beach.

About 3009 E 3Rd St

Detailed summary of property

3009 E 3Rd St is a apartment located in Long Beach, CA 90814 and is currently for sale. This apartment offers 7 bedrooms, 7 bathrooms, roughly 4,148 living square feet, and sits on an approximately 4,510 square foot lot. 3009 E 3Rd St was first listed on ArdentRealEstateGroup.com on August 22, 2024. The homeowner is currently asking $1,695,000. The median priced home in Long Beach is $780,000 with a median price per square foot of $646. Based on Ardent Real Estate Group's Long Beach Market Data, this home is listed 117.31% higher than the median priced home. Local competing homes currently for sale include 1616 E 4th St, 4321 E 5th St and 108 Bennett Ave. While the average home in Long Beach, CA is selling in 62 days, 3009 E 3Rd St has a days on market of 27 days. There are currently 778 homes for sale in the Long Beach real estate market and 416 of them are single family homes while 337 of them are condos and 23 are townhomes. For more information on this home for sale at 3009 E 3Rd St Long Beach, CA 90814 contact Ardent Real Estate Group and we will put you in touch with one of our Long Beach agents.

Public Facts for 3009 E 3Rd St

Public county record property details
Beds
7
Baths
7
Year built
1950
Sq. Ft.
4,148
Lot Size
4,509
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
11
APN
7257-022-013

The source for these homes facts are from public records.

90814 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$625,000
Median List Price/Sq.Ft.
$642
Median Sold Price
$692,500
Median Sold Price/Sq.Ft.
$596
Total Inventory
45
Median Sale to List Price %
106.54%
Avg Days on Market
31
Loan Type
Conventional (42.86%), FHA (0%), VA (0%), Cash (21.43%), Other (35.71%)

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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.

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