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2930 E 3RD St
Long Beach, CA 90814 Belmont Heights

$2,795,000 USD

Apartments For Sale  •  7,025 SF

Property Details

  • Property Type Apartments
  • Total Building Size 7,025 SF
  • Lot Size 0.17 AC
  • Building Class C
  • Year Built 1931
  • Zoning LBR2A
40 Transit Score
60 Walk Score

Highlights

Prime Bluff Heights Location – Situated in one of Long Beach’s most desirable historic coastal neighborhoods, just blocks from the beach
Strong In-Place Income – Generating approximately $19,045/month, offering immediate, stable cash flow in a high-demand rental market
Attractive Unit Mix – Eight units featuring (4) 2BD/1BA and (4) 1BD/1BA layouts, appealing to a broad tenant base
Extensively Upgraded with Preserved Charm – Seven units renovated with modern kitchens and baths while maintaining classic Spanish character
ADU & Value-Add Potential – Five single-car garages provide a clear path for ADU conversion, creating additional income upside

Public Transportation

AirportDriveWalkDistance
Long Beach (Daugherty Field) 11 min - 5.1 mi
John Wayne/Orange County 29 min - 19.7 mi
Los Angeles International 35 min - 23.9 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 5
Type: OneCarGarage
Included in Rent: No
Spencer Pabst 562-884-6875 Pabst, Kinney & Associates, Inc.
Spencer Pabst 562-884-6875 Pabst, Kinney & Associates, Inc.