See all 24 photos
$2,025,000
Est. payment /mo
3 BD
5,449 SqFt
Active
545 W 3rd Street Long Beach, CA 90802
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UPDATED:
02/25/2025 06:14 AM
Key Details
Property Type Single Family Home
Sub Type OTHER
Listing Status Active
Purchase Type For Sale
Square Footage 5,449 sqft
Price per Sqft $371
MLS Listing ID CRPW25033854
Bedrooms 3
HOA Y/N No
Year Built 1911
Lot Size 7,502 Sqft
Acres 0.17
Property Sub-Type OTHER
Property Description
Exciting Investment Opportunity in Downtown Long Beach – Prime PD-30 Zoning! Welcome to 545 W 3rd St, a rare and versatile multi-family property offering tremendous potential for redevelopment in one of Long Beach’s most desirable areas. Situated on a prime lot with coveted PD-30 zoning, this property may offer the potential for up to 40 units (buyer to verify with the city). The current configuration includes four spacious 3-bedroom, 2-bath units, providing solid rental income while you explore development options. Each unit is well-sized, offering comfortable layouts and potential for renovations or upgrades. Location is everything, and this property is just steps away from the Gov. George Deukmejian Courthouse, shops, restaurants, and public transit. Whether you're walking to local coffee shops, dining out, or commuting, convenience is at your tenant's doorstep. Don’t miss this incredible opportunity to own a property with strong income potential and significant upside in one of Southern California’s fastest-growing markets.
Location
State CA
County Los Angeles
Zoning LBPD
Interior
Fireplace No
Laundry Laundry Closet
Exterior
Exterior Feature Other
Building
New Construction No
Others
Tax ID 7278022037

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Listed by Christa Vessell • Coldwell Banker Commercial
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