3402 Gundry Avenue

3402 Gundry Avenue, Long Beach, CA 90807

  • For Sale $2,895,000
  • Property Type Multi-Family
  • Property Size 8,146 SF
  • Units 10
  • Lot Size 0.28 Acre
  • Additional Rent Contact for pricing
  • Year Built 1963
  • Date Updated Oct 14, 2024
N/AThe Leeson Group of Marcus & Millichap, as the exclusive listing agent, is pleased to present the opportunity to acquire 3402 Gundry Avenue, 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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Highlights

  • First Time Available on Market
  • Current & Potential Storage Spaces can be Utilized for Additional Revenue
  • Unit 2, a Two Bed/One Bath Unit, is to be Delivered Vacant at Closing
  • Attractive Mix of Spacious One & Two-Bedroom Units
  • Gated Access to a Spacious & Charming Common Courtyard
  • Nine Tuck-Under Parking Spaces with Storage Lockers & a Single-Car Garage with a Tandem Surface Space
  • On-Site Laundry Facility Provides an Additional Revenue Stream

Contacts

broker

Nick Kazemi

The Leeson Group Marcus & Millichap

Location

Getting Around

  • Walk Score ®

    79/100 Very Walkable
  • Transit Score ®

    45/100 Some Transit
  • Bike Score ®

    61/100 Bikeable
Powered by Walk Score ®
  • City Long Beach, CA
  • Neighborhood California Heights
  • Zip Code 90807
  • Market Los Angeles

Points of Interest

  • Wardlow

    1.28 miles

  • Pacific Coast Highway

    2.24 miles

  • Anaheim Street

    2.72 miles

  • Del Amo

    2.91 miles

  • 5th Street

    3.28 miles

  • Pacific Avenue

    3.43 miles

  • Long Beach Boulevard

    7.60 miles

  • Willowbrook/Rosa Parks

    8.41 miles

  • Avalon

    9.15 miles

  • Norwalk/Santa Fe Springs

    9.39 miles

  • eVgo

    0.61 miles

  • 76

    0.87 miles

  • Arco

    0.91 miles

  • Chevron

    1.10 miles

  • Costco Gasoline

    1.14 miles

  • Mobil

    1.19 miles

  • Walmart Gas

    1.29 miles

  • Shell

    1.93 miles

  • Arco;Am pm

    1.98 miles

  • Blink Charging Station

    2.82 miles

  • parking structure

    0.17 miles

  • visitor parking

    0.27 miles

  • employee parking

    0.29 miles

  • Frontier Parking

    0.74 miles

  • Employee Parking

    0.88 miles

  • Emergency Department Parking

    0.98 miles

  • Employee parking

    1.01 miles

  • Sunshine Motel

    1.02 miles

  • Hotel Salina

    1.05 miles

  • Ronald McDonald House

    1.18 miles

  • The Cove Hotel, Ascend Hotel Collection

    1.44 miles

  • THE COVE HOTEL

    1.45 miles

  • Homewood Suites

    1.80 miles

  • Courtyard

    1.83 miles

  • Hampton

    1.83 miles

  • Extended Stay America

    1.87 miles

  • Residence Inn Long Beach

    1.95 miles

  • Kinokawa Restaurant

    0.13 miles

  • Pita Pitaki

    0.34 miles

  • Roll Sushi

    0.34 miles

  • Super Mex

    0.34 miles

  • Fantastic Burger

    0.38 miles

  • Hokkaido Seafood Buffet

    0.60 miles

  • Chipotle

    0.66 miles

  • Arby's

    0.66 miles

  • Applebee's

    0.67 miles

  • Alberito's Mexican Fresh Food

    0.68 miles

  • Burroughs Elementary School

    0.21 miles

  • Hughes Middle School

    0.65 miles

  • Longfellow Elementary School

    0.73 miles

  • Saint Barnabas School

    0.85 miles

  • Jackie Robinson Academy

    1.29 miles

  • Westerly School

    1.29 miles

  • Westerly

    1.31 miles

  • Opportunities For Learning

    1.32 miles

  • Signal Hill Elementary School

    1.46 miles

  • Holy Innocents School

    1.57 miles

  • Oak Wood Academy

    1.08 miles

  • A Village Child Care

    3.07 miles

  • Great Beginnings

    3.43 miles

  • Artesia Head Start

    3.85 miles

  • injoy life

    5.07 miles

  • The Learning Box Childcare & Enrichment Center Inc

    5.46 miles

  • Rancho Los Amigos Daycare

    7.33 miles

  • Tiny Heartz Daycare LLC

    7.85 miles

  • Montessori Academy of Downey

    9.00 miles

  • Little Stars

    9.28 miles

Frequently Asked Questions

How much does 3402 Gundry Avenue cost?

The space currently listed for sale at 3402 Gundry Avenue asks for $2,895,000.

What is the total square footage of 3402 Gundry Avenue?

3402 Gundry Avenue totals 8,146 square feet.

When was this property built?

3402 Gundry Avenue was built in 1963.

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Contact Listing Broker

broker

Nick Kazemi

The Leeson Group Marcus & Millichap