La Pasada is a 29-unit apartment community located directly across the street from the downtown courthouse. Featuring new sewer lines, plumbing (1st & 2nd floor), electrical system, roof, windows, the entire 1st floor has been rebuilt form the studs out. These units have central HVAC. The 2nd floor has had all the bathrooms completely remodeled and the balance of the interiors upgraded. The 3rd floor features two common area bathrooms and 11 single room occupancy units which are in good condition. The seller is offering to provide a 70% first note and trust deed, at a 5% interest rate, with interest only payments for the term of the loan.
Property Details
Property Features
Property Information:
Year Built: 1928
Stories: 3
Listing Office:
Office Name: Mike Marcu, Broker
Office Phone: (562) 260-0940
Listing Agent: Mike Marcu
Exterior Features
Exterior Information:
Private Pool: No
Parking Information:
Parking: None
Lot Features
Lot Information:
Lot Size: 0.14 Acres
Other
Directions Information:
Directions: Ocean Blvd to Magnolia north to 3rd Street west
Price Information
Listing Price Info
Price Summary:
List Price: $5,950,000
Tax Information:
Annual Amount: $23,499
Tax Year: 2021
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Housing Market Comparison
See how this home compares to others in Long Beach, CA.
This property is $5.1M more than the Median Sold Price in Long Beach, CA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: CRMLS
MLS Number: #OC24220952
Listing Office:
Office Name: Mike Marcu, Broker
Office Phone: (562) 260-0940
Listing Agent: Mike Marcu
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 11/21/2024, 11:20:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Aug 11, 2005
Aug 11, 2005Home Sold
$1,350,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$23,499
$1,704,381
2020
$23,126
$1,686,906
2019
$22,553
$1,653,830
2018
$22,294
$1,621,403
2017
$22,294
$1,589,612
History based on county public records data.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
3
/10
Chavez Elementary School
730 W 3rd St
Distance between this listing and this school0.16 miles
Public District Grades KG-5
6
/10
Edison Elementary School
625 Maine Ave
Distance between this listing and this school0.33 miles
Public District Grades KG-5
5
/10
Oropeza Elementary School
700 Locust Ave
Distance between this listing and this school0.61 miles
Public District Grades KG-5
Nearby Schools
3
/10
Washington Middle School
1450 Cedar Ave
Distance between this listing and this school1.06 miles
Public District Grades 6-8
4
/10
Franklin Classical Middle School
540 Cerritos Ave
Distance between this listing and this school1.21 miles
Public District Grades 6-8
4
/10
Jessie E. Nelson Academy
1951 Cherry Ave
Distance between this listing and this school2.28 miles
Public District Grades 6-8
Nearby Schools
5
/10
Renaissance High School for the Arts
235 E 8th St
Distance between this listing and this school0.66 miles
Public District Grades 9-12
5
/10
Intellectual Virtues Academy
1637 Long Beach Blvd
Distance between this listing and this school1.33 miles
Public Charter Grades 9-12
2
/10
Educational Partnership High School
1794 Cedar Ave
Distance between this listing and this school1.34 miles
The neighbors living near this home have an average income of $39,650. Residents of Long Beach, CA typically earn less than $35k each year. Typical family type is single, no kids. Residents of this area typically have high school diploma education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 515 W 3rd St
What is the listing price of this property?
The listing price of 515 W 3rd St property is $5,950,000.
What type of property is this?
The property 515 W 3rd St is a condo located in Long Beach, California, 90802.
Is this property for sale now?
Active Listing: 515 W 3rd St is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $23,499 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on August 11, 2005 for $1,350,000. (source: MLS/tax record).
Which year was this property built?
The year of construction for 515 W 3rd St is 1928.
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This home is located at 515 W 3rd St in Long Beach, CA and zip code 90802 in the The Harbor neighborhood. This home, which was built in 1928, sits on a 0.14 acre lot. It has been listed on Rocket Homes since October 25, 2024 and is currently priced at $5,950,000.
In October 2024, from all listings sold in Long Beach, CA there were more than 94 sold above asking price, over 83 sold below and more than 35 were sold right at the asked price. The inventory of homes for sale in Long Beach, CA between September 2024 and October 2024 decreased by 0.1%. While the average time on the market in October 2024 was 34 days, the median list price was $824,667.
From Rocket Homes Real Estate and based on county public records data.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. 
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