United StatesCaliforniaLong BeachDowntown Long Beach545 West 3rd Street

545 West 3rd Street 545 West 3rd Street Long Beach, California 90802 United States

$1,950,000
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Exciting Investment Opportunity in Downtown Long Beach Prime PD-30 Zoning!Welcome to 545 W 3rd St, a rare and versatile multi-family property offering tremendous potential for redevelopment in one of Long Beachs most desirable areas. Situated on...

Coldwell Banker Commercial

Listing Courtesy of Coldwell Banker Commercial, Email/Phone : 909-771-8779
$1,950,000
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688 m²
Exterior
Residential Income
Property type
1911
Year Built
PW25033854
Web Id
PW25033854
MLS ID
Alamitos Beach (AB)
Subdivision
Long Beach Unified
School District
66
days ago

About 545 West 3rd Street

Exciting Investment Opportunity in Downtown Long Beach Prime PD-30 Zoning!Welcome to 545 W 3rd St, a rare and versatile multi-family property offering tremendous potential for redevelopment in one of Long Beachs 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.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.Dont miss this incredible opportunity to own a property with strong income potential and significant upside in one of Southern Californias fastest-growing markets.

Listing Courtesy of Coldwell Banker Commercial, Email/Phone : 909-771-8779

Amenities

  • Park

features

Community
Sidewalks

PROPERTY INFORMATION

Community Info
Biking, Curbs, DogPark, Park, StormDrains, StreetLights, Sidewalks
Garage Info
0
Sewer
PublicSewer
Water
Public

EXTERIOR

Lot Description
ZeroToOneUnitAcre

ADDITIONAL INFORMATION

Number of Units
4
Listing Courtesy of Coldwell Banker Commercial, Email/Phone : 909-771-8779

Coldwell Banker Commercial

Listing Courtesy of Coldwell Banker Commercial, Email/Phone : 909-771-8779
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