515 W 3rd Street, Long Beach CA, 90802

Active

515 W 3rd Street

Long Beach CA, 90802

$5,950,000

$583.33 per sqft

Active

10,200 sqft

Condos

Built in 1928

Listed by Mike Marcu with Mike Marcu, Broker 562-260-0940

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.

OC24220952

MLSⓇ ID

October 24, 2024

Listed

December 10, 2024

Updated

Map

515 W 3rd Street
Long Beach CA, 90802

Interior Features

Total Stories: 3
Laundry Description: Common Area
Fireplace: No
Cooling: No
Heating: No

Exterior/Building Features

Lot Size: 0.14 Acres
Lot Features: 36-40 Units/Acre
Sewer: Public Sewer

Other Property Details

Area Name: 4 - Downtown Area, Alamitos Beach
Garage: No
Parking: None
Parking Total: 0
View: No
County: Los Angeles
Water Source: Public
Pool: No
Pool Features: None
Zoning: LBPD30

Listing Contact: 909-371-1322

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 12/10/2024. 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. 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. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

Data last updated on 12/10/2024 at 7:12 PM UTC