434 E 3Rd Street

Long Beach, CA 90802 Active for $1,400,000
 


Beds: N/A  Baths: N/A  Structure Size: N/A sqft  Lot Size: 5,658 sqft


Property Facts
MLS PW24225363
Year Built 1950
Property Type Industrial
County Los Angeles
Status Active
Active $1,400,000
Structure Size N/A sqft
Lot Size 5,658 sqft
Beds N/A
Baths N/A

Description

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 information courtesy of: Shane Young, Younglewin Advisors, Inc. . *Based on information from the Association of REALTORS/Multiple Listing as of 11/14/2024 and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.


Location


Walkscore

Walker's Paradise

98%

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