Long Beach, CA 90802,434 E 3rd ST
Long Beach, CA 90802,434 E 3rd ST
Long Beach, CA 90802,434 E 3rd ST
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The Warburton Team Brokered By EXp

The Warburton Team Brokered By EXp

+1(626) 630-2141
$1,400,000
Est. payment /mo
5,658 Sqft Lot
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UPDATED:

12/05/2024 05:04 AM

Key Details

Property Type Commercial

Sub Type Industrial

Listing Status Active

Purchase Type For Sale

MLS Listing ID PW24225363

HOA Y/N No

Year Built 1950

Lot Size 5,658 Sqft

Property Sub-Type Industrial

Property 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.

Location

State CA

County Los Angeles

Area 4 - Downtown Area, Alamitos Beach

Zoning PD30

Interior

Fireplace No

Laundry Inside

Exterior

Present Use Commercial,Residential,Storage

Building

Lot Description Corner Lot

Story 1

Water Public

Others

Tax ID 7281016001

Special Listing Condition Standard


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California Regional MLS (CRMLS)
Listed by Shane Young • Younglewin Advisors, Inc. • 562-556-1118

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