555 E 3rd Long Beach, CA $ 975,000
555 E 3rd
$ 975,000
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555 E 3rd

Long Beach, CA, 90802
$ 975,000
Baths1.0 Sq 1,926

Monthly Estimate*

$ 6,003

Listed by Sage Real Estate Group, Inc.
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Studio

Multi-Family Home for sale in Long Beach, CA

for $975,000 with 1 full bath. This 1,926 square foot home was built in 1957 on a lot size of 0.0894.

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 conversion. This is a rare opportunity to acquire a versatile, move-in ready asset in one of Long Beach’s most dynamic and walkable locations.

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Multi-Family Active

Price

$ 975,000

Bedrooms

Studio

Full Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.0894

Year Built

1957

Town/City

Long Beach

County/Region

Los Angeles

MLS | Web ID

PW26081435

Days on Market

6

Features
General
Sewer Public Sewer
Utilities Electricity Connected Natural Gas Connected Sewer Connected Water Connected
Appliances Microwave Refrigerator
Garage Spaces 0
Architectural Style Modern
Pool Features None
Year Built 1957
Property Subtype Duplex
Gross Income 39812
Community Features Curbs Storm Drain(s) Street Lights Sidewalks
Accessibility No Stairs
County Los Angeles
Net Operating Income 39812
Operating Expense 20188
Insurance Expense 4000
New Construction false
Property Type Residential Income
Contingency Please email offers to juan@sageregroup and phoebe @sageregroup.com.
Subdivision Name Downtown (DT)
Garage Y/N false
Special Listing Conditions Standard
Status Active
Directions Atlantic and 3rd St.
City Long Beach
Entry Location 1
Senior Community Y/N false
Number Of Units Total 2
MLS Area 4 - Downtown Area Alamitos Beach
Lot Size Units Square Feet
Lot Size Square Feet 3894
Listing Terms Conventional
Spa Features None
Property Attached Y/N false
Land Lease Y/N false
Electric Expense 1600
Fuel Expense 600
Property Condition Turnkey
Trash Expense 600
Walk Score 98
Water Sewer Expense 1200
Additional Parcels Y/N false
Rent Control Y/N false
Building Area Units Square Feet
Standard Status Active
Year Built Source Public Records
Tax Lot 26
Property Sub Type Additional Duplex
Taxes 12188
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Interior
Interior Amenities All Bedrooms Down
Flooring Vinyl
Fireplace Features None
Total Stories 1
Common Walls No Common Walls
Fireplace Y/N false
Laundry Features None
Entry Level 1
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Exterior
Fencing Wood
Parking Features Driveway
Lot Features 0-1 Unit/Acre
Water Source Public
Total Parking 0
Lot Size Area 3894
Number of Buildings 1
Spa false
Building Area Total 1926
Lot Size Acres 0.0894
Road Surface Type Paved
Private Pool false
Lot Size Source Assessor
Door Features Sliding Doors
Number of Separate Water Meters 1
Number of Separate Gas Meters 1
Number of Separate Electric Meters 1
Road Frontage Type City Street
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* Excluded Features
List By
Sage Real Estate Group, Inc.

Broker

juan@sageregroup.com

Email

Affordability Calculator

$6,003
Per Month
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Monthly Principal & Interest
$6,003
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Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/16/2026$975,000 Listed Price

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555 E 3rd, Long Beach, CA, 90802 is a Multi-Family Home for sale at $975,000 with 1,926 sqft and a lot size of 0.0894. 555 E 3rd is a studio with 1.0 baths and was built in 1957. The property's zip code is 90802 which is in Long Beach, CA