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This apartment building located at 3020 East 3rd Street in Long Beach, California, presents a multifamily investment in a high-demand coastal market. The property sits within the 90814 zip code, an area known for its proximity to the Pacific Ocean and consistent rental demand driven by the robust Southern California economy. Long Beach serves as a major commercial hub with a diverse employment base ranging from international trade at the Port of Long Beach to various healthcare and professional service sectors. Investors looking to capitalize on urban multifamily assets will find this location well-suited for attracting a stable tenant base. The surrounding neighborhood provides residents with access to local beaches, retail centers, and essential infrastructure, making it a desirable residential corridor within the Los Angeles metro area. This asset represents a straightforward addition to a rental portfolio seeking geographical diversity and the long-term potential inherent in stable California coastal submarkets.
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