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1915 E 3rd, Long Beach, CA 90802

$810,000
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  • —

    bed

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    bath

Multi-family pending

About 1915 E 3rd

Property type Multi-family
Neighborhood
Year built 1918
HOA fee $0/month
Lot size 2,605 Sqft
Movoto estimate
Rental estimate
Property description
Charming and thoughtfully upgraded, this side-by-side Bungalow duplex at 1915 E. 3rd Street sits at the edge of Belmont Heights and has been meticulously maintained with tasteful updates that preserve its original character. Each unit offers 1 bedroom, 1 bathroom, and one dedicated parking space, with separate gas and electric meters and private outdoor spaces that enhance comfort and livability. The left unit (1915 E. 3rd) has been primarily owner-occupied, while the right unit (1917 E. 3rd) has operated as a short-term rental for the past several years, including permitted AirBnB and Furnished Finder use. Both units will be delivered vacant at close of escrow, providing flexibility for an owner-occupant to live in one unit while generating income from the other, or for an investor seeking strong rental demand in a high-performing coastal market. Located within walking distance to Alamitos Beach and close to Downtown Long Beach, shopping, dining, trendy East Village, schools, major freeways, and public transportation, this property offers excellent long-term upside in a desirable coastal community. Upgrades include electrical, restoring the double hung windows, flooring, wall furnaces, dedicated electrical circuits to run all the window Air Conditionings, addition of electric outlets, exterior paint and an awnings as well as welcoming picket fence.
Listed by
Listing Agent - Moe Shahbani
Listing Agent Contact: 562-547-3324
Listing Office - Coldwell Banker Realty
Source: CRMLS mls logo
MLS#PW26189869 • last updated 2 weeks ago
Movoto checked CRMLS for data 4 minutes ago
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Overview
Levels/Style One, Bungalow
Type Residential Income
SubType Duplex
Status Pending
Lot Size (Acres) 0.0598
Lot Size (SqFt) 2605
Year Built 1918
Interior
Laundry Outside
Exterior
Building Area Square Feet, 1154
Parking Parking Space, Uncovered
# Uncovered Spaces 2
# Parking Spaces 2
Lot Description Corner Lot, Near Public Transit, Park Nearby, Front Yard, Back Yard, Flag Lot
Amenities / Utilities
Fireplaces None
Sewer/ Septic Public Sewer
Water Source Public
Pool None
Location
County Los Angeles
Community Features Watersports, Biking, Urban, Sidewalks, Park
Subdivision Alamitos Beach (AB), Alamitos Beach (AB)
Directions On 3rd. Street, One Block West Of Cherry Ave.
APN 7275018036
Multifamily Details
Vacancy Allowance Rate 3
Vacancy Allowance 1584
Operating Expense 15840
Cap Rate 4.93
Total Expenses 15840
Gross Income 52800
Gross Operating Income 51216
Gross Multiplier 14.2
Gross Scheduled Income 52800
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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.
80/100
Walk
69/100
Family
89/100
Dining
95/100
Pet
  • Real Estate
  • CA
  • Los Angeles County
  • Long Beach
  • 90802
  • Franklin School
  • 1915 E 3rd

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