1837 E 3rd StreetLong Beach, CA 90802
Priced to move...3 blocks from the Beach...6% Actual CAP Rate...25%+ upside! If your client is looking for a "Unicorn" building with a combination of Cash flow, Location, and a Clean property, this is the investment for them. The building includes (10) 1-bedroom units (750+/- sq. ft.), (1) 2-bedroom/1-bath unit, and (1) 2-bedroom/2-bath (owner's unit). Amenities include very large units, upgraded vinyl windows, on-site laundry, six garages (two with driveways), an electric gated entrance, and a 96 walk score! This rare coastal asset is NOT subject to rent control (other than CA) and is being offered for the first time in 26 years.
| 2 years ago | Listing updated with changes from the MLS® |
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. The 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, the 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.
Reviews
Hi, I’m Jay Valento. I’ve helped buyers and sellers throughout Southern California since 1993. My website combines powerful real estate listings search tools with local expertise to help you make confident decisions.
“We received top-notch service from start to finish and would definitely recommend Jay to friends and family without hesitation. Extremely gracious for all of Jay Valento’s hard work – he definitely went the extra mile/above and beyond and made us feel every bit as important as someone making a much larger purchase.”
Andrew F. (Buyer for a Long Beach condo)
“Jay Valento was on top of it during the entire process. He was extremely professional and knowledgeable, and I felt very comfortable relying on his recommendations. Jay is polite and friendly, and, most importantly, he communicated with me continually through each turn of events and responded immediately to each situation as it arose. All of this was even more important to me because I live out of state, so I counted on him to handle everything, and he did not disappoint.”
Mary E., Ormond Beach, Florida (Seller)
“Jay is a wonderful Realtor, honest and upfront. He communicates clearly and knows the market as well as anyone. He makes the process enjoyable. A lot of brokers are pushy, but not Jay. He is intent on finding the property that best fits his clients’ needs. I will work with Jay again in the future and would gladly recommend him to anyone.”
Josh F., Long Beach, California
Did you know? You can invite friends and family to your search. They can join your search, rate and discuss listings with you.