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$2,895,000
106 Days On Site

3402 Gundry Avenue
Long Beach, CA 90807

For Sale|Apartment|Pending
0
Beds
0
Full Baths
0
Partial Baths
8,146
SqFt
$355
/SqFt
1963
Built
Subdivision:
California Heights (CH)
County:
Los Angeles
Listed by Tyler Leeson of Marcus & Millichap RE Invest [email protected]

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3402 Gundry Avenue3402 Gundry Avenue3402 Gundry Avenue3402 Gundry Avenue
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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.

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Listing Snapshot
Price 
$2,895,000
Days On Site 
106 Days
Bedrooms 
N/A
Inside Area (SqFt) 
8,146 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.28 Acres
Year Built 
1963
MLS® Number 
OC24187202
Status 
Pending
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
a month agoStatus changed to Pending
a month agoListing updated with changes from the MLS®
4 months agoListing first seen on site
General Features
Acres 
0.28
Carport 
9
Garage 
Yes
Garage Spaces 
1
Number Of Stories 
2
Parking Spaces 
11
Property Sub Type 
Apartment
Sewer 
Public Sewer
Special Circumstances 
Standard
SqFt Total 
8146
Stories 
Two
Water Source 
Public
Zoning 
LBR1N
Interior Features
Laundry Features 
Common Area
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Exterior Features
Pool Features 
None
Community Features
Building Access 
First level
Community Features 
CurbsSidewalks
Financing Terms Available 
CashConventional1031 Exchange
MLS Area 
6 - Bixby, Bixby Knolls, Los Cerritos


This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
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