Long Beach, CA 90802,545 W 3rd Street
Long Beach, CA 90802,545 W 3rd Street
Long Beach, CA 90802,545 W 3rd Street
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$2,025,000
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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


Bridge MLS
Listed by Christa Vessell • Coldwell Banker Commercial

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agent

Disen Cai

Agent | License ID: 01928373

+1(650) 622-2156

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545 W 3rd Street