434 E 3rd Street

Long Beach, CA 90802

About this property

We are pleased to present the opportunity to acquire 434 E 3rd Street, a versatile property that is in the heart of Downtown Long Beach's East Village Arts District. The property benefits from 18ft ceilings with exterior shear walls and onsite parking with a curb cut and roll-up garage. The property can be stabilized and leased as a rental, purchased for an owner user (which is its current use) or it can be entitled and developed into a multifamily or mixed use property. With the ability to divide the space into multiple units or raze the site, potential uses include retail, office, multifamily, mixed use, live/work lofts, and more. 434 E 3rd Street benefits from Long Beach's most desirable zoning - LBPD30. There is an 80ft height limit with a 4.0 FAR and no parking requirements. The property is also in an opportunity zone. It is rare to see such a low price point for properties situated on large lots in Downtown Long Beach's most desirable East Village Arts District.

About this property

We are pleased to present the opportunity to acquire 434 E 3rd Street, a versatile property that is in the heart of Downtown Long Beach's East Village Arts District. The property benefits from 18ft ceilings with exterior shear walls and onsite parking with a curb cut and roll-up garage. The property can be stabilized and leased as a rental, purchased for an owner user (which is its current use) or it can be entitled and developed into a multifamily or mixed use property. With the ability to divide the space into multiple units or raze the site, potential uses include retail, office, multifamily, mixed use, live/work lofts, and more. 434 E 3rd Street benefits from Long Beach's most desirable zoning - LBPD30. There is an 80ft height limit with a 4.0 FAR and no parking requirements. The property is also in an opportunity zone. It is rare to see such a low price point for properties situated on large lots in Downtown Long Beach's most desirable East Village Arts District.

Features and Additional Information

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$1,400,000 Active
4,842 SQFT

Presented By Ann Marie Hammond

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Get in touch today! Phone: 1-760-403-5219
License #01161667
Brokerage
Younglewin Advisors, Inc. 562-318-0215
1-562-318-0215
Listed By Shane Young
Brokerage: Younglewin Advisors, Inc. 562-318-0215

Schedule a Private Showing

It's free and no obligation

Have Questions? Contact
Ann Marie Hammond