702 E 3rd Long Beach, CA $ 1,300,000
702 E 3rd
$ 1,300,000
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702 E 3rd

Long Beach, CA, 90802
$ 1,300,000
Bedrooms-- Baths1.0 Sq 3,264

Monthly Estimate*

$ 8,979

Listed by Malcolm Zeger, Buckingham Investments, Inc, malcolm.zeger@buckinghaminvestments.com
702 E 3rd, Long Beach, CA 90802 - Image 1
702 E 3rd, Long Beach, CA 90802 - Image 2
702 E 3rd, Long Beach, CA 90802 - Image 3
702 E 3rd, Long Beach, CA 90802 - Image 4
702 E 3rd, Long Beach, CA 90802 - Image 5
702 E 3rd, Long Beach, CA 90802 - Image 6
702 E 3rd, Long Beach, CA 90802 - Image 7
702 E 3rd, Long Beach, CA 90802 - Image 8

Multi-Family Home for sale in Long Beach, CA

for $1,300,000 with 1 full bath. This 3,264 square foot home was built in 1919 on a lot size of 0.0575.

This 4-unit is fantastic for a long-term owner who wants a piece of Downtown Long Beach! This well-located bread and butter 4-unit is located in the East Village Arts District of Downtown Long Beach and has 4 large 2BD/1BA units and a common area laundry room for tenants. This property is ideally located for tenants, being within walking distance to grocery stores, trendy restaurants, coffee shops, and nightlife. It's a relatively low maintenance building with spacious units and minimal landscaping. Considering 60% of households within 5 miles are renters and the walk score of 97/100, this is an ideal investment for an owner looking for a stable and consistent tenant base. Don't hesitate to reach out!

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Multi-Family Active

Price

$ 1,300,000

Full Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.0575

Year Built

1919

Town/City

Long Beach

County/Region

Los Angeles

MLS | Web ID

SB26222401

Days on Market

2

Features
General
Sewer Public Sewer
Garage Spaces 0
Pool Features None
Year Built 1919
Property Subtype Apartment
Gross Income 480
Community Features Street Lights Sidewalks Urban
County Los Angeles
Net Operating Income 52499
Operating Expense 35736
Insurance Expense 4000
New Construction false
Property Type Residential Income
Contingency Information provided is usually deemed reliable but it is NOT guaranteed accurate by the seller or listing agent. Sellers and seller representatives do not guarantee the accuracy of the square footage lot size bedroom or bathroom count permitted or un-permitted areas of the property laundry hookups rental amounts expenses etc. It is advised that buyers hire a professional inspection to inspect the property and check with the city for any concerns with the property. Buyers to do their own due diligence and verify all city permits and usages.
Subdivision Name Downtown (DT)
Garage Y/N false
Special Listing Conditions Standard
Status Active
Directions Southeast corner of Lime and 3rd St.
City Long Beach
Entry Location Lime and 3rd
Senior Community Y/N false
Number Of Units Total 4
MLS Area 4 - Downtown Area Alamitos Beach
Lot Size Units Square Feet
Lot Size Square Feet 2503
Listing Terms Cash Cash to New Loan Conventional Submit
Property Attached Y/N true
Land Lease Y/N false
Electric Expense 775
Fuel Expense 775
Trash Expense 775
Water Sewer Expense 775
Additional Parcels Y/N false
Rent Control Y/N true
Building Area Units Square Feet
Standard Status Active
Year Built Source Assessor
Tax Lot 4
Property Sub Type Additional Apartment
Taxes 16250
Cap Rate 4
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Interior
Total Stories 2
Common Walls 2+ Common Walls
Laundry Features Common Area
Entry Level 1
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Exterior
Lot Features 2-5 Units/Acre Rectangular Lot
Water Source Public
Total Parking 0
Lot Size Area 2503
Number of Buildings 1
Building Area Total 3264
Lot Size Acres 0.0575
Private Pool false
Lot Size Source Assessor
Number of Separate Water Meters 1
Number of Separate Gas Meters 4
Number of Separate Electric Meters 4
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* Excluded Features
List By
Malcolm Zeger

Listing Agent

Buckingham Investments, Inc

Broker

malcolm.zeger@buckinghaminvestments.com

Email

Affordability Calculator

$8,979
Per Month
100%
0%
0%
Monthly Principal & Interest
$8,979
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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
10/13/2026$1,300,000 Listed Price

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702 E 3rd, Long Beach, CA, 90802 is a Multi-Family Home for sale at $1,300,000 with 3,264 sqft and a lot size of 0.0575. 702 E 3rd has 1.0 baths and was built in 1919. The property's zip code is 90802 which is in Long Beach, CA