545 W. 3rd Street

Description:

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.

Ideal PD30 Zoning 10 Parking spaces Massive 3br/2.5 ba units Walking distance to shops, eateries, public transit, and the LB Courthouse

Exciting Investment Opportunity in Downtown Long Beach – Prime PD-30 Zoning!
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.

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