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Jenn Smart

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3009 E 3rd , Long Beach, CA 90814
$2,150,000
Est. Payment: $4,777.78/mo
7 Bed
7 Bath
4148 Sqft
0.1 Acres
Status: active | Days on site: 1
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SB1310620 - SBHARLLAR
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House Description

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.

Highlights

Listed by Larson Harley , 949-933-1112 Lyon Stahl Investment Real Estate, Inc. , 310-425-9838. CRMLS/Multi-Regional MLS mls logo

Property Type

Multi-Family

Lot/Acreage
0.1

Year Built

1950

County

Los Angeles

Area

2 - Belmont Heights, Alamitos Heights

Neighborhood

Belmont Heights (BH)

Listing ID

SB26237657

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:7
  • ▪ Bathrooms:7
Appliances:Dryer, Washer
Water:Public

Exterior Features

Lot:Street Level,No Land Lease
Garage Capacity:0
Others:
  • ▪ Additional:2+ Total Units
Sewer:Public Sewer
Principal Interest
$4,778
Taxes
$1,371

Home Price

$2,150,000

Loan Details

30 yrs
0%

Down Payment

20%
$430,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$4,777.78

Principal

Taxes

Principal Taxes HOA Total
Monthly $4,777.78 $1,370.63 $0.00 $6,148.40
Yearly $57,333.33 $16,447.50 $0.00 $73,780.83
Total $1,720,000.00 $493,425.00 $0.00 $2,213,425.00
Lender profile image
So-Crates Johnson
Dust, Wind, Dude
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Market insight data is pulled from the same city as the listing being viewed (Long Beach, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information from California Regional Multiple Listing Service, Inc. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. All properties are subject to prior sale, change or withdrawal.

IDX service by Blueroof 360

Data last updated: 2026-11-15T01:37:52.000Z

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