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$ 1,625,000
$ 1,700,000 4.4%
Est. payment /mo
Sold on 07/09/2025
3243 E 10th ST Long Beach, CA 90804
UPDATED:
Key Details
Sold Price $1,625,000
Property Type Residential Income
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
Subdivision Eastside (Es)
MLS Listing ID OC25050168
Year Built 1958
Property Sub-Type Apartment
Property Description
3243 East 10th Street is an 8-unit multifamily investment opportunity located in Long Beach, CA. 3243 East 10th Street offers an attractive mix of studio, one, and two-bedroom floor plans, which helps the property appeal to a diverse renter pool. Additionally, the well-maintained property features a central courtyard, dual-pane windows, and security doors, as well as income-producing amenities including an on-site laundry facility 1, surface parking space, and 3, garage parking spaces. Resident's enjoy the property's walkable access to the Food 4 Less and Rite Aid anchored Belmont Center, at the intersection of Anaheim Street and Obispo Avenue. Additionally, 3243 East 10th Street benefits from its optimal central Long Beach location, providing convenient access throughout the city. The property places residents a short drive away from Woodrow Wilson High School, Recreation Park, Retro Row, and an abundance of Long Beach's most popular beaches. Furthermore, 3243 East 10th Street is within 2 miles of California State University, Long Beach and the Veteran Affairs Medical Center, two of the city's premier employers with a combined total of over 7,000 employees, according to Long Beach's 2023 Annual Comprehensive Financial Report. In summary, 3243 East 10th Street's fantastic location offers residents a wide variety of activities, employment, transportation, and retail amenities, all of which will attract a diverse renter pool. With substantial upside and strong rental metrics, 3243 East 10th Street represents an attractive opportunity for a new owner seeking well located units.
Location
State CA
County Los Angeles
Area 3 - Eastside, Circle Area
Zoning LBR2N
Interior
Laundry Common Area
Exterior
Garage Spaces 3.0
Garage Description 3.0
Pool None
Community Features Curbs, Gutter(s), Sidewalks
Building
Lot Description Street Level
Story 2
Sewer Public Sewer
Water Public
New Construction No
Others
Acceptable Financing Cash, Cash to New Loan, Conventional, 1031 Exchange
Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange
Special Listing Condition Standard
Listed by Tyler Leeson Marcus & Millichap RE Invest tleeson@marcusmillichap.com
Bought with Juan Huizar Sage Real Estate Group Inc
Bought with Juan Huizar Sage Real Estate Group Inc