545 W 3Rd Street, Long Beach, CA 90802 - Berkshire Hathaway HomeServices California Properties
545 W 3rd Street Long Beach, CA 90802
$1,950,000 0 beds, 0 baths
0 sqft

Agent Remarks

Exciting Investment Opportunity in Downtown Long Beach – Prime PD-30 Zoning, 7,500 sf lot! Welcome to 545 W 3rd St, a rare and versatile multi-family property offering tremendous potential for redevelopment in one of Long Beach’s most desirable areas. Situated on a prime lot with coveted PD-30 zoning, this property may offer the potential for up to 40 units (buyer to verify with the city). The current configuration includes four spacious 3-bedroom, 2-bath units, providing solid rental income while you explore development options. Each unit is well-sized, offering comfortable layouts and potential for renovations or upgrades. Rare gated parking with 10 parking spaces. Location is everything, and this property is just steps away from the Gov. George Deukmejian Courthouse, shops, restaurants, and public transit. Whether you're walking to local coffee shops, dining out, or commuting, convenience is at your tenant's doorstep. Don’t miss this incredible opportunity to own a property with strong income potential and significant upside in one of Southern California’s fastest-growing markets.

Listing Details

Property type: Quadruplex (Multi-Family)
Status: Active
MLS# PW25122555
List price is $1,950,000
Beds: 0
Baths: 0
Built in 1911
0.17 acres
Lot size: 0.1722
Subdivision: Alamitos Beach (AB)
County: Los Angeles
Zoning: LBPD30
Parking description: Gated,Private,Unassigned
Lot description: Near Public Transit,Rectangular Lot,Walkstreet
MLS area: 4 - Downtown Area, Alamitos Beach

Last Updated: 6/5/2025

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This listing belongs to the 4 - Downtown Area, Alamitos Beach MLS area

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Lat/Long: 33.770811, -118.199018.
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Listing Agent: George Bustamante
Co Listing Agent: Christa Vessell
Lic#: 01234982
Office Name: Mission Viejo

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