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Request Info$2,125,000
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1785 E 3rd Overview
- Time on Site:
- 28 days
- Visits:
- 0
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.
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1785 E 3rd Facts & Features
- Type Multi-Family
- Sq. ft. 4,321
- Price/Sq.ft. $492
- Lot 0.10 Acres
Details
General
Association/HOA
- Common Interest: None
Income/Expenses
- Electric Expense: 720.0
- Gardener Expense: 1264.0
- Gross Income: 134160.0
- Gross Scheduled Income: 133200.0
- Insurance Expense: 4055.0
- Net Operating Income: 86580.0
- New Taxes Expense: 25000.0
- Operating Expense: 47580.0
- Water Sewer Expense: 5520.0
Building Information
- New Construction: No
- Year Built: 1963
Location/Region
- Country: US
- County Or Parish: Los Angeles
- MLS Area Major: 2 - Belmont Heights, Alamitos Heights
- Postal City: LONG BEACH
- Subdivision Name: Alamitos Heights (AH)
Community/Development
- Community Features: Biking,Curbs,Golf,Park,Sidewalks,Urban
Rent/Lease Information
- Land Lease: No
- Tenant Pays: Electricity,Gas
General Information
- Listing Terms: Cash,Cash to Existing Loan,Cash to New Loan,Submit
- Parcel Number: 7275014033
- Property Sub Type: Apartment
- Property Type: Residential Income
- Rent Control: Yes
- Senior Community: No
- Special Listing Conditions: Standard
Interior
Parking Information
- Garage Spaces: 4.0
- Garage: Yes
Building Interior
- Building Area Total: 4321.0
- Building Area Units: Square Feet
General Information
- Common Walls: 2+ Common Walls,End Unit
- Entry Level: 1
- Entry Location: Front
- Laundry Features: Laundry Room
- Stories Total: 2
Exterior
Parking Information
- Parking Total: 4.0
Lot Information
- Additional Parcels: No
- Lot Features: Corner Lot
- Lot Size Area: 4321.0
- Lot Size Source: Assessor
- Lot Size Square Feet: 4321.0
- Lot Size Units: Square Feet
- Number Of Buildings: 1
- Number Of Separate Electric Meters: 5
- Number Of Separate Gas Meters: 5
- Number Of Separate Water Meters: 1
- Elevation Units: Feet
- Water Source: Public
Building Exterior/Construction
- Property Attached: Yes
General Information
- Number Of Units Leased: 5
- Number Of Units Total: 5
- Pool Features: None
- Pool Private: No
- Sewer: Public Sewer
1785 E 3rd Neighborhood
Community
90802 (LONG BEACH) Demographics
36
Median Age
2,621
Population Density (per sq. mile)
49%
College Educated
$60,939
Estimated Median Income
4,148
Estimated Total Home Owners
16,693
Estimated Total Renters
20% / 80%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Schools
School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.1785 E 3rd Monthly Cost
1785 E 3rd Market Data
Based on the last 30 days in this zip code
$590,666
Average List Price
$642
Average Price per Square Foot
37
Properties Sold
76
Average Days on Market
421
Properties for Sale
1785 E 3rd History
| Date | Value | Agent |
|---|---|---|
| 6/1/2026Source: CRMLS | June 01, 2026 |
Listing provided courtesy of P.R.S. PropertiesSteve Gamez- MLS# PW26118376
Contact Information: [email protected] - 562-439-0566
Contact Information: [email protected] - 562-439-0566