1785 E 3rd Long Beach, CA ^$ 2,125,000

1785 E 3rd

^$ 2,125,000

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Recently Listed

1785 E 3rd

Long Beach, CA, 90802

^$ 2,125,000

Studio Baths1.0 Sq 4,321

Monthly Estimate*

^$ 13,084

Listed by P.R.S. Properties

1785 E 3rd, Long Beach, CA 90802 - Image 1

Studio

Multi-Family Home for sale in Long Beach, CA

for $2,125,000 with 1 full bath. This 4,321 square foot home was built in 1963 on a lot size of 0.0992.

Three blocks to the ocean. This extremely well maintained asset is in one of the best rental areas of Long Beach. There is 30% upside in rents and there is a potential for the existing basement to be made into an ADU. Outstanding unit mix of (4) 1 bedroom units and (1) 1 bedroom unit. The building also has a laundry room and (4) enclosed garages. Long term owner has completed a number of recent upgrades to the property including: New exterior paint New roof upgraded plumbing new front doors and locks with "invisible" screens. New landscaping New irrigation system Walkscore.com gives the property a score of 97 out of 100, a "Walker's paradise". Local attractions include Retro row, The Pike outlets, The Promenade, Shoreline Village and trendy Pine Avenue.

Multi-Family Active

Price

^$ 2,125,000

Bedrooms

Studio

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.0992

Year Built

1963

Town/City

Long Beach

County/Region

Los Angeles

MLS | Web ID

PW26118376

Days on Market

Features

General

Sewer Public Sewer

Garage Spaces 4

Pool Features None

Year Built 1963

Tenant Pays Electricity Gas

Property Subtype Apartment

Gross Income 134160

Community Features Biking Curbs Golf Park Sidewalks Urban

County Los Angeles

Net Operating Income 86580

Operating Expense 47580

Insurance Expense 4055

New Construction false

Property Type Residential Income

Subdivision Name Alamitos Heights (AH)

Garage Y/N true

Special Listing Conditions Standard

Status Active

Directions 3rd and Hermosa

City Long Beach

Entry Location Front

Senior Community Y/N false

Number Of Units Total 5

MLS Area 2 - Belmont Heights Alamitos Heights

Lot Size Units Square Feet

Lot Size Square Feet 4321

Number of Units Leased 5

Listing Terms Cash Cash to Existing Loan Cash to New Loan Submit

Property Attached Y/N true

Land Lease Y/N false

Electric Expense 720

Fuel Expense 0

Trash Expense 0

Water Sewer Expense 5520

Additional Parcels Y/N false

Rent Control Y/N true

Building Area Units Square Feet

Standard Status Active

Year Built Source Assessor

Tax Lot 13

Total Actual Rent 11100

Property Sub Type Additional Apartment

Taxes 25000

Interior

Total Stories 2

Common Walls 2+ Common Walls End Unit

Laundry Features Laundry Room

Entry Level 1

Exterior

Lot Features Corner Lot

Water Source Public

Total Parking 4

Lot Size Area 4321

Number of Buildings 1

Building Area Total 4321

Lot Size Acres 0.0992

Private Pool false

Lot Size Source Assessor

Number of Separate Water Meters 1

Number of Separate Gas Meters 5

Number of Separate Electric Meters 5

* Excluded Features

List By

P.R.S. Properties

Broker

stevenagamez@yahoo.com

Affordability Calculator

$13,084

Per Month

Monthly Principal & Interest: $13,084
Monthly Property Taxes: --
Monthly Home Insurance: --

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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

Trends
Schools

Multi-family listings in Long Beach, CA

Average List Price ^$1,879,064

Percent of Sale Price 12%

About Long Beach, CA

470,090 Population

2% Since 2002

^$57,916 Median Income

35.78 Median Age

30% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4827338 Elementary School

4827337 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
6/1/2026	$2,125,000		Listed Price

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1785 E 3rd, Long Beach, CA, 90802 is a Multi-Family Home for sale at $2,125,000 with 4,321 sqft and a lot size of 0.0992. 1785 E 3rd is a studio with 1.0 baths and was built in 1963. The property's zip code is 90802 which is in Long Beach, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 6/2/2026. 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. 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, 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.

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1785 E 3rd

Multi-Family Home for sale in Long Beach, CA

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