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$ 975,000
Est. payment | /mo
2 Beds
2 Baths
3,894 Sqft Lot
$ 975,000
Est. payment | /mo
2 Beds
2 Baths
3,894 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
Subdivision Downtown (Dt)
MLS Listing ID PW26081435
Bedrooms 2
Lot Size 3,894 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
555 E. 3rd St Creative Office / Live-Work Opportunity in Downtown Long Beach Exceptional opportunity to own a fully renovated creative office property in the heart of Downtown Long Beach. The building is currently configured as two separate office suites, offering flexibility for an owner-user to occupy one space while leasing the other for additional income. Each suite is thoughtfully designed and includes its own bathroom with shower and kitchenette, making the spaces highly functional for both office and potential live-work use. The property features high ceilings, an industrial aesthetic, and modern finishes, creating an ideal environment for creative, professional, or boutique office users. The layout allows for multiple use scenarios, making it highly adaptable to a variety of business needs. This property is especially attractive for owner-user buyers utilizing SBA financing, which may allow for low down payment options. A buyer can occupy one suite while leasing the second space to help offset ownership costs. Buyer to verify financing terms with their lender. Located at the prominent corner of 3rd Street and Atlantic Avenue, directly across from City Center, the property benefits from strong visibility, nearby parking options, and immediate access to restaurants, retail, and downtown amenities. Zoned LBPD-30 (Downtown Planned Development District), the property offers additional flexibility as the city may allow for a commercial/residential mixed-use or live-work configuration. Buyer to verify with the City of Long Beach regarding permitted uses and any potential
Location
State CA
County Los Angeles
Zoning Public Rec
Direction Atlantic and 3rd St.
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 1
Level or Stories 1
Others
Senior Community No
Tax ID 7281011026
Acceptable Financing Conventional
Listing Terms Conventional
Listed by Juan Huizar, DRE#01417642 Sage Real Estate Group, Inc.
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