$ 5,950,000
515 W 3rd ST Long Beach, CA 90802
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In-PersonVirtual Tour
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your advisor will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 5,950,000
Est. payment /mo
Active
515 W 3rd ST Long Beach, CA 90802
6,094 Sqft Lot
UPDATED:
10/25/2024 12:21 AM
Key Details
Property Type Condo
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Subdivision ,Other
MLS Listing ID OC24220952
HOA Y/N No
Year Built 1928
Lot Size 6,094 Sqft
Property Description
La Pasada is a 29-unit apartment community located directly across the street from the downtown courthouse. Featuring new sewer lines, plumbing (1st & 2nd floor), electrical system, roof, windows, the entire 1st floor has been rebuilt form the studs out. These units have central HVAC. The 2nd floor has had all the bathrooms completely remodeled and the balance of the interiors upgraded. The 3rd floor features two common area bathrooms and 11 single room occupancy units which are in good condition. The seller is offering to provide a 70% first note and trust deed, at a 5% interest rate, with interest only payments for the term of the loan.
Location
State CA
County Los Angeles
Area 4 - Downtown Area, Alamitos Beach
Zoning LBPD30
Interior
Fireplace No
Laundry Common Area
Exterior
Garage None
Pool None
Community Features Urban
Private Pool No
Building
Lot Description 36-40 Units/Acre
Story 3
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 7278022040
Energy Description 3500.0
Acceptable Financing Cash, Cash to Existing Loan
Listing Terms Cash, Cash to Existing Loan
Special Listing Condition Standard
Listed by Mike Marcu • Mike Marcu, Broker • 562-260-0940