Movoto Real Estate
Sold on 11/17/2023
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2828 E 3rd St, Long Beach, CA 90814

$1,608,000

Last sold 11/17/2023 for $1.58M

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    bed

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    bath

Multi-family not for sale

About 2828 E 3rd St

Property type Multi-family
Neighborhood
Year built 1925
HOA fee $0/month
Lot size 7,501 Sqft
Movoto estimate
Parking 4 garage spaces
Rental estimate
Property description
Great opportunity for an owner-occupant or appreciative investor to procure an architectural gem. This Spanish colonial revival style duplex includes a 2 bed, 1 1/2 bath ”owner’s unit” of approx 1800 sq ft, with coved ceilings, arched entryways, built-ins, alcove, and detailed wood molding. A quartz counter top kitchen with shaker cabinetry and new dishwasher opens to the family room with a high wood beamed ceiling. A spacious, composite material deck creates an excellent extension to the family room. The 2nd unit is a similar floor plan with approx 1400 sq ft, featuring a beautifully etched mock fireplace and original hardwood flooring. All bedrooms are oversized with great closet space and have access to quaint balconies. The units have central A/C and individual laundry rooms. Gas and electricity (200 amp service) are separately metered. The large lot allows for a savvy investor to explore its ADU potential. Located blocks from the beach, 4th St Retro Row, Broadway, and close to downtown and Belmont Shore, this is an ideal residence and/or investment.
Listed by
Listing Agent - Wayne Ishimine
Listing Office - Y Realty
Source: CRMLS mls logo
MLS#PW23170445 • last updated 2 years ago
Movoto checked CRMLS for data 6 minutes ago
Overview
Levels/Style Two, Spanish
Type Residential Income
SubType Duplex
Status Closed
Lot Size (Acres) 0.1722
Lot Size (SqFt) 7501
Year Built 1925
Condition Additions/Alterations
Interior
Appliances Dishwasher, Electric Oven, Disposal, Refrigerator
Interior Features Balcony, Beamed Ceilings, Copper Plumbing Partial
Accessibility Features None
Exterior
Foundation Raised
Construction Stucco
Building Area Square Feet, 3166
Parking Driveway, Garage
# Uncovered Spaces 4
# Parking Spaces 8
# Garage Spaces 4
Lot Description Front Yard
Amenities / Utilities
Fireplaces Living Room, Decorative
Sewer/ Septic Public Sewer
Water Source Public
Inclusions Stoves, Refrigerators, Washers, Dryer
Spa None
Pool None
Location
View None
County Los Angeles
Community Features Sidewalks, Street Lights, Suburban
Neighborhood Bluff Heights
Zoning LBR2A
Directions North Of Broadway; East Of Temple
APN 7257025005
Multifamily Details
Operating Expense 25200
Cap Rate 3.4
Expense: Insurance 2000
Total Expenses 25200
Expense: Water/ Sewer 2000
Gross Income 81600
Gross Operating Income 81600
Gross Multiplier 20.22
Gross Scheduled Income 81600
Expense: Gardener 1200
$1.6M
Range: $1.27M-$1.94M
Last 30 days 
Rental est.: $1,778/month
Gross rent multiplier: 74.1
  • Nov 2023
    mls logo MLS # PW23170445
  • Nov 17, 2023 Sold
    $1,580,000 (-4.2%)
  • Oct 27, 2023 Pending
    —
  • Oct 3, 2023 Active
    —
  • Sep 15, 2023 Listed
    $1,650,000
  • Year Property taxes Tax assessment
  • 2025
    $21,130 +4.5%
    $1,611,600 +2.0%
  • 2024
    $20,213 +939.9%
    $1,580,000
  • 2023
    $1,944 +5.4%
    $1,580,000 +1280.41%
  • 2022
    $1,843 +3.3%
    $114,459 +4.04%
  • 2021
    $1,784 +0.4%
    $110,017
  • 2020
    $1,777 +9.9%
    $110,017 +3.06%
  • 2018
    $1,618 +1.1%
    $106,755 +4.04%
  • 2017
    $1,600 +9.1%
    $102,611 +2.0%
  • 2016
    $1,466 +3.5%
    $100,600
  • 2015
    $1,417
    —
  • 2828 E 3rd St
    $1.58M
  • Rose Park
    $456K -18% y/y
  • 90814
    $599K +8% y/y
  • Long Beach
    $699K 0% y/y
No chart available
Statistics calculated by Movoto

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Source: GreatSchools.org © 2026. All rights reserved.

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The real estate listing data marked with this icon comes from the IDX program of the CRMLS Multiple Listing Service™ system.
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