Address
2055 E 3rd Street Long Beach, CA
Price
$ 5,450,000
Property Attributes
  • MLS#PW21054014
  • TypeIncome
  • CountyLOS ANGELES
  • CityLong Beach
  • AreaDowntown Area - Alamitos Beach
  • NeighborhoodAlamitos Beach
  • Zip90814
  • Style
  • Price$ 5,450,000
  • Bedrooms13
  • Full Bathrooms13
  • Half Bathrooms0
  • Lot Size9,148 SqFt
Listing Provided Courtesy Of:
Kevin King with Marcus & Millichap.
Data Source:
CRMLS
Property Description

We are pleased to present a 13-unit multifamily property. Built in 1927, Casa del Patio is a quintessential example of Spanish Colonial Revival. The subject property consists of 9,286 rentable square feet spread throughout a 9,226 square foot lot. The building consists of six studio units, six 1-bedroom / 1-bathroom units, and one 2-bedroom / 1-bathroom unit. It contains five Lift Master mechanical garages and numerous private and communal patios for tenants. The units were fully renovated and re-imagined, including creative amenities such as hardwood floors, vaulted ceilings, and open living areas. The layout for each unit was redesigned to maximize living space, emphasize natural light, and to accentuate architectural elements. The complete renovation ensured the building would be brought up to current standards post Title-24. This included all new interiors, new kitchens and bathrooms, new washers / dryers in every unit, new wiring, new HVAC, new plumbing and sewers, foundation upgrades, new commercial-grade water heater, replaced missing roof tiles, exterior paint, 2” water main, and landscaping.

Price History
3/16/2021 Listed $5,450,000

General Features

Appliances Dryer, Washer
Community Features Curbs, Sidewalks
Garage Spaces 5
Garage Y/N Yes
Levels Two
MLS Area 4 - Downtown Area, Alamitos Beach
Pool Features None
Property Attached Y/N Yes
Property Type Residential Income
Sewer Septic Type Unknown, Unknown
Subdivision Name Alamitos Beach (AB)
Terms Cash, Cash to New Loan
Total Units 13
Water Sewer Expense 1230
Zoning LBR1N

Interior Features

Common Walls 2+ Common Walls
Fireplace Features None

Exterior Features

Lot Features 11-15 Units/Acre
Lot Size Acres 0.21
Lot Size Area 0.21
Lot Size Source Assessor
Lot Size Square Feet 9148
Lot Size Units Acres
Number of Buildings 1
Number of Separate Gas Meters 13
Number of Separate Water Meters 1
Total Parking 5
Water Source Public

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 90814

Price
AVG $2.37M
$5.45M
Visits
AVG 63
75
Year Built
AVG 1944
1927
Walkscore
AVG 91
94
Data Provided by Walkscore ® not using MLS data

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