$2,950,000 Price Analysis   ♡   Long Beach, CA 90814 5 bed 7 bath 3,516 SqFt ($839/SqFt) 4,620SqFt lot. Built 1973 Listed 2023-10-17, Taxes $13,732 | Ⓧ USDA Ineligible due to price & location near Long Beach |
3316 E 3rd Str.
Is 7-unit fully-renovated apartment building located in the sought-after Belmont Heights area of Long Beach minutes from the beach. This buildings consists four (4) one-bedroom one-bath un its, two (2) studios and one (1) one-bedroom one-bath garage-conversion ADU. In 2023, the building underwent tremendous capital improvements and now features a new roof, new plumbing, new electrical subpanels and 400A main panel, new tankless water heaters, new windws, waterproof vinyl flooring, shaker cabinets with quartz countertops, stainless-steel appliances and in-unit laundry in every unit as well as newly painted interior and exterior.
There are also four (4) single-car garages and an additional surface parking space. The building is now separately metered for electrical, gas and is sub-metered for water and all utilities are tenant's responsibility. This property is minutes from the beach, shops and restaurants located both at the 4th Street Corridor and those located at Belmont Shore's 2nd Street!
Presented by Eugene Rogachevsky at
Broadmoor Realty, Inc.
Property MLS #PW23192968 from CRMLS
Quartz Counters
Recessed Lighting
Flooring: Vinyl
Appliances YN: Yes
Laundry Features: Dryer Included, Gas Dryer Hookup, Inside, Washer Included
Heating Features: Wall Furnace
Heating: Yes
Lot Size Acres: 0.1060606
Lot Size Source: Assessor
Lot Size Square Feet: 4620
Parking Features: Parking Features: Assigned, Garage - Single Door, Street
Parking Total: 5
Bedrooms in Unit-2: 1
Bedrooms in Unit-3: 1
Total Bathrooms in Unit-1: 1
Total Bathrooms in Unit-2: 1
Total Bathrooms in Unit-3: 1
Unit-2 Garage Spaces: 4
Maintenance Expense: 4200.00
County: Los Angeles
Cap Rate: 4.53
Other Expense: 4200.00
Source Property Type: Residential Income
Inclusions: All appliances and washer/dryer units
Insurance Expense: 3600.00
Area: 2 - Belmont Heights, Alamitos Heights
Source Neighborhood: Belmont Heights (BH)
New Taxes Expense: 35641.00
Number of Separate Electric Meters: 7
Number of Separate Gas Meters: 7
Number of Separate Water Meters: 7
Parcel Number: 7257029003
Pest Control Expense: 660.00
Postal Code Plus 4: 8443
Professional Management Expense: 9999.00
Subdivision: Belmont Heights (BH)
Trash Expense: 1200.00
Zoning: LBR2A
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $424,955 + $643,876 $1,068,831 | $13,732 |
| 2021 | $416,623 + $631,251 $1,047,874 | $13,447 |
| 2020 | $412,352 + $624,779 $1,037,131 | $13,413 |
| 2019 | $404,267 + $612,529 $1,016,796 | $13,254 |
| 2018 | $396,341 + $600,519 $996,860 | $12,900 |
| 2017 | $388,570 + $588,745 $977,315 | $12,762 |
| 2016 | $380,951 + $577,201 $958,152 | $11,875 |
| 2015 | $375,229 + $568,531 $943,760 | $11,403 |
| 2014 | $367,879 + $557,395 $925,274 | $11,341 |
| 2013 | $366,217 + $554,876 $921,093 | $10,993 |
| 2012 | $359,037 + $543,997 $903,034 | $11,172 |
| 2010 | $351,998 + $533,331 $885,329 | $10,600 |
| 2009 | $350,198 + $530,604 $880,802 | $10,540 |
| 2009 | $349,368 + $529,346 $878,714 | $10,540 |
| 2008 | $343,332 + $520,200 $863,532 | $9,816 |
| 2007 | $336,600 + $510,000 $846,600 | $9,571 |
$2,950,000
CRMLS
Price Changed 2024-01-03
$2,925,000
CRMLS
Price Changed 2023-12-13
$2,950,000
CRMLS
Listed 2023-10-17
$2,995,000
CRMLS
Sold 2022-07-22
$2,000,000
Public Record
Sold 2006-05-04
$293,000
Public Record
Year Built: 1973
Building Features: 1
Common Walls: 2+ Common Walls, End Unit
Entry Level: 1
Entry Location: 1
Property Age: 51
Property Attached: Yes
Building Total Stories: 2
Structure Type: Apartment
Year Built Source: Public Records
Sewer: Sewer: Public Sewer, Water Sewer Expense: 960.00
Water Source: Public
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.