Long Beach, CA 90802,515 W 3rd Street
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Long Beach, CA 90802,515 W 3rd Street
Long Beach, CA 90802,515 W 3rd Street
Long Beach, CA 90802,515 W 3rd Street
Long Beach, CA 90802,515 W 3rd Street
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Listed by Mike Marcu • Mike Marcu, Broker
$ 5,950,000
Est. payment /mo
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515 W 3rd Street Long Beach, CA 90802

10,200 SqFt


UPDATED:

12/11/2024 02:04 AM

Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 10,200 sqft

Price per Sqft $583

MLS Listing ID CROC24220952

HOA Y/N No

Originating Board Datashare California Regional

Year Built 1928

Lot Size 6,093 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

Interior

Fireplace No

Laundry Other

Building

Water Public


Bay East AOR and Contra Costa AOR

The Rama Mehra Team

Company | License ID: CA 02014153

+1(925) 415-0835

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515 W 3rd Street