$ 2,895,000
3402 Gundry Avenue Long Beach, CA 90807
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REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
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Listed by Tyler Leeson • Marcus & Millichap RE Invest
$ 2,895,000
Est. payment /mo
Pending
3402 Gundry Avenue Long Beach, CA 90807
8,146 SqFt
UPDATED:
11/23/2024 02:12 AM
Key Details
Property Type Single Family Home
Listing Status Pending
Purchase Type For Sale
Square Footage 8,146 sqft
Price per Sqft $355
Subdivision California Heights
MLS Listing ID OC-24187202
Year Built 1963
Lot Size 0.280 Acres
Property Description
3402 Gundry Avenue is a 10-unit multifamily investment property located in the California Heights neighborhood of Long Beach, CA. 3402 Gundry Avenue offers an attractive mix consisting of 6, one-bedroom units and 4, two-bedroom units. The property offers gated pedestrian access leading to a charming common-area courtyard, nine tuck-under parking with storage lockers, a tandem surface space, an on-site laundry facility, and a spacious storage unit. Additionally, there is an unused open space which could be converted into an additional storage unit, with both storage units providing potential additional revenue streams. 3402 Gundry Avenue is situated in the desirable California Heights neighborhood of Long Beach where residents enjoy convenient access to everyday needs as well as a plethora of cafes, restaurants, and retailers located along Atlantic Avenue. The property is located within 0.50 miles of a Target anchored retail center, providing residents easy access to everyday needs. Additionally, 3402 Gundry Avenue is just over 1.75 miles from Long Beach Exchange, a recently developed outdoor shopping mall with a plethora of retail, dining, and entertainment options. Furthermore, the property is proximate to Long Beach Memorial Medical Center, the third top employer in the city with nearly 5,500 practitioners and staff members according to Long Beach's 2023 Annual Comprehensive Financial Report. 3402 Gundry benefits from its close proximity to Interstate 405, connecting residents to employment hubs throughout Southern California. The neighborhoods surrounding the property provide tenants convenient access to a wide variety of activities, employment, transportation, and retail amenities. This overall demand for a well-located and maintained apartment building will be a key driver in the continued growth and success at 3402 Gundry Avenue.
Location
State CA
County Los Angeles
Zoning LBR1N
Interior
Laundry Community
Exterior
Garage Gated
Garage Spaces 1.0
Pool None
Community Features Curbs, Gutters, Sidewalks
Building
Lot Description Level with Street
Sewer Public Sewer