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1212 E 3rd St
Long Beach, CA 90802 Downtown Long Beach

$10,495,000 USD

Apartments For Sale  •  8,988 SF

Property Details

  • Property Type Apartments
  • Total Building Size 19,248 SF
  • Lot Size 0.38 AC
  • Building Class C
  • Year Built 1957
  • Zoning LBR3S
50 Transit Score
70 Walk Score

Highlights

36-Unit coastal asset spanning two contiguous parcels, featuring three brand-new ADUs, 17 renovated units, and approximately 11% rental upside
Comprised of 18 studios, 15 one-bed/one-bath units, and three two-bedroom units, the property showcases anupgraded courtyard with picnic areas
Upgraded units showcase modern finishes including quartz countertops, contemporary cabinetry, and updated flooring
Prime Alamitos Beach Location: Just blocks from the coast and near Retro Row, the property benefits from strong renter demand

Property Flyers

Public Transportation

Transit/SubwayDriveWalkDistance
1St Street Station (Blue Line - Los Angeles County Metropolitan Transportation Authority (Metro)) 3 min 16 min 0.9 mi
5Th Street Station (Blue Line - Los Angeles County Metropolitan Transportation Authority (Metro)) 3 min 19 min 1.0 mi
AirportDriveWalkDistance
Long Beach (Daugherty Field) 11 min - 4.5 mi
John Wayne/Orange County 30 min - 20.7 mi
Los Angeles International 34 min - 23.0 mi
Steve Bogoyevac 424-405-3826 Marcus & Millichap
Steve Bogoyevac 424-405-3826 Marcus & Millichap