545 W 3rd Street

Long Beach, CA 90802

  • 3 Bed(s)
  • 3 Bath(s)
  • 5,449 Sqft
  • 7502
    Sqft(Lot)
$1,950,000

Description

Exciting investment opportunity in downtown long beach – prime pd-30 zoning, 7,500 sf lot! 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. rare gated parking with 10 parking spaces. 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.

  • Property Type

    Residential Income

  • County

    Los Angeles

  • Style

    Residential Income

  • AD ID

    50081474

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Property Details

  • Water/Sewer

    • Water Source : Public
    • Sewer : Public Sewer

  • Building Information

    • Year Built: 1911
    • Building Area Total: 5,449

    Pool Features

    • None

    Laundry Features

    • Laundry Closet

  • Lot Details

    • Lot Dimensions Source: Vendor Enhanced
    • Lot Size Acres: 0.1722
    • Lot Size Source: Assessor
    • Lot Size Square Feet: 7502

  • Listing Price Information

    • Original List Price: 1,950,000
    • Listing Contract Date: 2025-06-01

    Lease Information

    • Listing Agreement: Exclusive Right To Sell

  • Tax Information

    • Parcel Number: 7278022037

  • Garage and Parking

    • Garage Description: Gated,Private,Unassigned

    Homeowners Association

    Rental Info

    • Lease Term: Negotiable
    • Tenant Pays: Electricity,Gas

  • Other Property Info

    • Source Listing Status: Active
    • Source Neighborhood: 4 - Downtown Area, Alamitos Beach
    • Directions: West on 3rd St towards the 710 FWY
    • Zoning: LBPD30
    • Source Property Type: Residential Income
    • Area: 4 - Downtown Area, Alamitos Beach
    • Property SubType: Quadruplex

    Building and Construction

    • Property Age: 114
    • Common Walls: 2+ Common Walls
    • Structure Type: Quadruplex
    • Year Built Source: Assessor
    • Entry Level: 1
    • Entry Location: 3rd St
    • Property Attached: Yes
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BuyOwner last updated this listing 06/07/2025 @ 11:04

  • MLS: PW25122555
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: CRMLS

is a Home, with 3 bedrooms which is for sale, it has 5,449 sqft, 7,502 sized lot, and 0 parking. are nearby neighborhoods.