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$1,700,000
Est. payment /mo
3 Beds
3 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active Under Contract
Purchase Type For Sale
Subdivision Eastside (Es)
MLS Listing ID OC25050168
Bedrooms 3
Property Sub-Type Res Income 2-4 Units
Property Description
3243 East 10th Street is an 8-unit multifamily investment opportunity located in Long Beach, CA. 3243 East 10th Street offers an attractive mix of studio, one, and two-bedroom floor plans, which helps the property appeal to a diverse renter pool. Additionally, the well-maintained property features a central courtyard, dual-pane windows, and security doors, as well as income-producing amenities including an on-site laundry facility 1, surface parking space, and 3, garage parking spaces. Residents enjoy the propertys walkable access to the Food 4 Less and Rite Aid anchored Belmont Center, at the intersection of Anaheim Street and Obispo Avenue. Additionally, 3243 East 10th Street benefits from its optimal central Long Beach location, providing convenient access throughout the city. The property places residents a short drive away from Woodrow Wilson High School, Recreation Park, Retro Row, and an abundance of Long Beachs most popular beaches. Furthermore, 3243 East 10th Street is within 2 miles of California State University, Long Beach and the Veteran Affairs Medical Center, two of the citys premier employers with a combined total of over 7,000 employees, according to Long Beachs 2023 Annual Comprehensive Financial Report. In summary, 3243 East 10th Streets fantastic location offers residents a wide variety of activities, employment, transportation, and retail amenities, all of which will attract a diverse renter pool. With substantial upside and strong rental metrics, 3243 East 10th Street represents an attractive opportunity for a new owner seeking well located units.
Location
State CA
County Los Angeles
Zoning Assessor
Direction Cross Streets of 10th Street & Coronado Avenue
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Tax ID 7258005030
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Listed by Tyler Leeson Marcus & Millichap RE Invest
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Glen Henderson
Broker Associate | CA BRE #01384181
Broker Associate CA BRE #01384181
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