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1785 E 3rd, Long Beach, CA 90802

  • $2,125,000

  • bed

  • bath

Multi-family for sale 26 days
Movoto is helping 68 homebuyers near you

About 1785 E 3rd

Property type Multi-family
Neighborhood
Year built 1963
HOA fee $0/month
Lot size 4,321 Sqft
Movoto estimate
Parking 4 garage spaces
Rental estimate
Property description
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.
Listed by
Listing Agent - Steve Gamez
Listing Agent Contact: 714-328-0832
Listing Office - P.R.S. Properties
Source: CRMLS mls logo
MLS#PW26118376 • last updated 3 weeks ago
Movoto checked CRMLS for data 6 minutes ago
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Overview
Type Residential Income
SubType Apartment
Status Active
Lot Size (Acres) 0.0992
Lot Size (SqFt) 4321
Year Built 1963
Interior
Laundry Individual Room
Exterior
Building Area Square Feet, 4321
# Parking Spaces 4
# Garage Spaces 4
Lot Description Corner Lot
Amenities / Utilities
Sewer/ Septic Public Sewer
Water Source Public
Pool None
Location
County Los Angeles
Community Features Curbs, Golf, Biking, Urban, Sidewalks, Park
Subdivision Alamitos Heights (AH), Alamitos Heights (AH)
Directions 3rd And Hermosa
APN 7275014033
Multifamily Details
Laundry Income 960
Operating Expense 47580
Expense: Insurance 4055
Total Expenses 47580
Expense: Water/ Sewer 5520
Gross Income 134160
Expense: Electric 720
Gross Scheduled Income 133200
Expense: Supplies 4975
Expense: Gardener 1264
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8/10
6/10
Source: GreatSchools.org © 2026. All rights reserved.

Around Franklin School

Explore everything this neighborhood has to offer. Learn more about Franklin School.
81/100
Walk
69/100
Family
89/100
Dining
96/100
Pet
  • Real Estate
  • CA
  • Los Angeles County
  • Long Beach
  • 90802
  • Franklin School
  • 1785 E 3rd

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CRMLS Multiple Listing Service™ system
The real estate listing data marked with this icon comes from the IDX program of the CRMLS Multiple Listing Service™ system.
Based on information from California Regional Multiple Listing Service, Inc. as of 6/25/2026. 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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