434 E 3rd Street, Long Beach, CA 90802 - Berkshire Hathaway HomeServices California Properties

434 E 3rd Street, Long Beach, CA 90802

$1,400,000 Approx. USD 0 beds, 0 baths

Listing Agent


Shane Young | Shane@YoungLewin.com
Lic#: 01963090
Broker: Courtesy of Younglewin Advisors, Inc.

Agent Remarks

We are pleased to present the opportunity to acquire 434 E 3rd Street, a versatile property that is in the heart of Downtown Long Beach's East Village Arts District. The property benefits from 18ft ceilings with exterior shear walls and onsite parking with a curb cut and roll-up garage. The property can be stabilized and leased as a rental, purchased for an owner user (which is its current use) or it can be entitled and developed into a multifamily or mixed use property. With the ability to divide the space into multiple units or raze the site, potential uses include retail, office, multifamily, mixed use, live/work lofts, and more. 434 E 3rd Street benefits from Long Beach's most desirable zoning - LBPD30. There is an 80ft height limit with a 4.0 FAR and no parking requirements. The property is also in an opportunity zone. It is rare to see such a low price point for properties situated on large lots in Downtown Long Beach's most desirable East Village Arts District.

Listing Details

Property type: Industrial (Commercial)
Status: Active
MLS# PW24225363
Price: $1,400,000
Built in 1950
0.13 acres
Lot size: 0.1299
County: Los Angeles
Zoning: PD30
Lot description: Corner Lot
MLS area: 4 - Downtown Area, Alamitos Beach

Last Updated: 12/5/2024

 Days On Market (DOM): 223

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

Lat/Long: 33.770323, -118.186683.
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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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