2055 3rd Street, Long Beach, CA 90814

$5,450,000
3
BD
3
BA

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.

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Courtesy of Marcus & Millichap, Kevin King.

Last Updated: Source: Sandicor Regional MLS

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange(c) Program of SANDICOR Regional MLS. Real estate listings held by brokerage firms other than the listing office named includes the name of the listing brokers. Information is believed to be reliable, but not guaranteed.