New
$2,150,000
7 bd · 7 ba · · 4,508 sqft lot
3009 E 3rd St, Long Beach, CA 90814
Multi-family · Built 1950 ·
$13,168/mo est. payment
Flood factor 1/10
About this home
We are pleased to present 3009 East 3rd Street, a seven-unit multifamily property located in the highly desirable Bluff Heights neighborhood of Long Beach, California. The property features seven one-bedroom/one-bathroom units averaging approximately 593 square feet, totaling 4,148 square feet of building area on a 4,356-square-foot lot. Recent capital improvements include three renovated units, dual-pane vinyl windows, upgraded electrical systems, fresh exterior paint completed in 2026, updated signage, enhanced landscaping, and refreshed laundry facilities. Generating nearly $14,000 in monthly income, the property offers investors strong in-place cash flow with approximately 15% additional rental upside. Its prime Bluff Heights location provides convenient access to the vibrant dining, shopping, and entertainment along Retro Row and Belmont Shore's 2nd Street, as well as local beaches, bike paths, and coastal recreation. With its desirable coastal location, strong existing rental income, and manageable seven-unit configuration, 3009 East 3rd Street presents an attractive investment opportunity in one of Long Beach's most sought-after rental markets.
Facts and features
Bedrooms
- Bedrooms: 7
Bathrooms
- Total Bathrooms: 7
- Full Bathrooms: 7
Appliances
- Laundry Features: Common Area, Washer Included, Dryer Included
Land Info
- Additional Parcels: No
- Land Lease: No
- Lot Description: Level with Street
- Lot Size Acres: 0.1035
- Lot Size Source: Assessor
- Lot Size Square Feet: 4510
Multi-Unit Info
- Number of Buildings: 1
- Number of Units: 7
- Bedrooms in Unit-1: 1
- Bedrooms in Unit-2: 1
- Bedrooms in Unit-3: 1
- Bedrooms in Unit-4: 1
- Bedrooms in Unit-5: 1
- Bedrooms in Unit-6: 1
Rental Info
- Gross Income: 167964
- Gross Scheduled Income: 167964
- Vacancy Allowance: 5039
- Rent Control: No
Homeowners Association
- Gardener Expense: 1100
- Maintenance Expense: 5250
Amenities and Community Features
- Community Features: Gutters, Curbs, Sidewalks
Schools
- 7
Mann Elementary School
elementary · K-5 · 0.2 mi
- 7
Jefferson Leadership Academies School
middle · 6-8 · 0.7 mi
- 6
Wilson High School
high · 9-12 · 1.1 mi
Ubm School
elementary · K-12 · 0.3 mi
- 7
Burbank Elementary School
elementary · K-5 · 0.6 mi
City Christian School
elementary · K-6 · 0.6 mi
Price history
- Nov 5, 2026 · Listed$2,150,000
- Oct 29, 2025 · Sold$1,860,000
- Jun 14, 2025 · Listing Removed—
- May 28, 2025 · Price Changed$1,800,000
- Apr 25, 2025 · Price Changed$1,995,000
- Apr 1, 2025 · Listed$2,095,000
- Dec 10, 2024 · Sold$1,585,000
- Aug 22, 2024 · Listed$1,695,000
Tax history
- 2025$21,491 tax · $1,860,000 assessed
- 2024$4,198 tax · $1,585,000 assessed
- 2023$4,113 tax · $230,932 assessed
- 2022$3,889 tax · $226,405 assessed
- 2021$3,771 tax · $221,967 assessed
- 2020$3,761 tax · $219,692 assessed
- 2019$3,717 tax · $215,386 assessed
- 2018$3,577 tax · $211,164 assessed
Home value
$1,799,173
- Quantarium$1,799,173
Where it is
Listed by Larson Harley · Lyon Stahl Investment Re, Inc. · CRMLS
