Property Detail

515 3rd

Long Beach CA 90802

$5,950,000

Status: Active

Property Details

Description

La Pasada is a 29-unit apartment community located directly across the street from the downtown courthouse. Featuring new sewer lines, plumbing (1st & 2nd floor), electrical system, roof, windows, the entire 1st floor has been rebuilt form the studs out. These units have central HVAC. The 2nd floor has had all the bathrooms completely remodeled and the balance of the interiors upgraded. The 3rd floor features two common area bathrooms and 11 single room occupancy units which are in good condition. The seller is offering to provide a 70% first note and trust deed, at a 5% interest rate, with interest only payments for the term of the loan.

Map Location

Listing provided courtesy of Mike Marcu of Mike Marcu, Broker. Last updated 2024-11-23 09:11:38.000000. Listing information © 2024 CRMLS.

John Collins

John Collins

DRE# 01948188
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