Open House:
Saturday, 9/28 12:00-3:00PM
Beautiful 1 bedroom 1 bath move in ready ground floor Condo in Downtown Long Beach. Close to shopping. Home features Dark wood plank looking vinyl flooring. Large living room. Large bedroom. Storage in the hallway. Great for first time buyers.
527 W. 3rd Street is a 36-unit apartment asset in prime Downtown Long Beach. The property features a mix of four (4) 1BD / 1 BA, (27) studios, and five (5) micro studios. Many of the units have been renovated with designer fixtures and finishes, including new countertops, cabinetry, tile and flooring in the kitchens and bathrooms, stainless steel appliances and lighting. The secured access building offers a bright, spacious entryway, new carpet and paint in hallways, and on-site laundry facilities. With its prime West Gateway location, the property provides convenient access to the newly redesigned Lincoln Park, an integral part of the 22- acre, $520 million Civic Center redevelopment project. The Long Beach Civic Center Master Plan includes a 270,000-square-foot City Hall, 93,500-square-foot landmark Main Library, updated bike/bus/Metro Blue Line transit system, design guidelines for 800 residential units, and vibrant amenities across the revitalized Downtown area. 527 W. 3rd Street presents a new buyer with a beautifully renovated asset in a highly desirable Long Beach location at 12.89 GRM on actual rents.
Welcome to the historic Sovereign, an iconic building in Long Beach since being built in 1922. Upon entering the lobby you do get the feel of the 20's and the grand architecture indicative of that era. This one bedroom, one bathroom condo is located on the first floor and is zoned for commercial use as well as living space. The opportunities as an owner of this property are super exciting! The unit faces the back and overlooks an open space. The building stretches 13 stories high and offers a roof top solarium with endless views of the city and the Queen Mary! The building also features a clubroom/party room, on site management and community laundry. The exterior of the building was painted 2019 and has a grand curb appeal. Many owners rent a parking spot from The Pike or surrounding buildings. Located conveniently on Ocean Boulevard and Chestnut Place, you are walking distance to many business, restaurants, Shoreline Village, The Pike, the Terrace Theatre, the Long Beach Convention Center and an incredible city library just to mention a few highlights! Conveniently located to the 710, the 110 and the 405. Walkability score is 90! The Transit score is 74! The Bike score is 79. This is where the city meets the beach!
The median home value in Long Beach, CA is $582,700. This is lower than the county median home value of $607,000. The national median home value is $219,700. The average price of homes sold in Long Beach, CA is $582,700. Approximately 37.99% of Long Beach homes are owned, compared to 56.98% rented, while 5.03% are vacant. Long Beach real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Long Beach real estate agent to arrange a tour today!
Long Beach, California 90802 has a population of 470,489. Long Beach 90802 is less family-centric than the surrounding county with 30.58% of the households containing married families with children. The county average for households married with children is 32.35%.
The median household income in Long Beach, California 90802 is $58,314. The median household income for the surrounding county is $61,015 compared to the national median of $57,652. The median age of people living in Long Beach 90802 is 34.3 years.
The average high temperature in July is 81.5 degrees, with an average low temperature in January of 46.1 degrees. The average rainfall is approximately 13.8 inches per year, with 0 inches of snow per year.