5,658 Sqft Lot
5,658 Sqft Lot
Key Details
Property Type Commercial
Sub Type Industrial
Listing Status Active
Purchase Type For Sale
MLS Listing ID PW24225363
HOA Y/N No
Year Built 1950
Lot Size 5,658 Sqft
Property Description
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.
Location
State CA
County Los Angeles
Area 4 - Downtown Area, Alamitos Beach
Zoning PD30
Interior
Fireplace No
Laundry Inside
Exterior
Present Use Commercial,Residential,Storage
Building
Lot Description Corner Lot
Story 1
Water Public
Others
Tax ID 7281016001
Special Listing Condition Standard
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Broker Associate | License ID: 01342959