Yvette Watson - Coldwell Banker Commercial Real Estate Solutions Logo
$2,150,000
 $11,542 est/mo Sourced by Back At You

3009 E 3rd,Long Beach, CA 90814

Long Beach, CA 90814

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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.

Details

MLS #SB26237657
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1950
Days On Site11
Listing Provided ByLyon Stahl Investment Real Estate, Inc. | Larson Harley

Features

SQ Feet4,148
Story(s)2
Units7
Building(s)1
Acreage0.10

Interior

AppliancesDryer, Washer

Exterior

Lot FeaturesStreet Level

Parking

Garage Yes / NoNo

Utilities

SewerPublic Sewer

Location

Community FeaturesCurbs, Gutters, Sidewalks

Area Information

StateCA
CountyLos Angeles
CityLong Beach
Zip Code90814
Area2 Belmont Heights | Alamitos Heights
Community NameBelmont Heights (BH)
Listing VS Median (in Belmont Heights (BH))
Price:
$2,150,000
low | high
Med:
$1,824,500
65.139534883721% of Average
sqft:
4,148
low | high
Med:
2,918
79.652844744455% of Average
$ / sqft:
$518
low | high
Med:
$634
27.770928025601% of Average
On site:
11
low | high
Med:
120.5
9.128630705394% of Average
Sourced by Back At You

Market Activity 90814

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Learn More About This Property

Yvette Watson

Yvette Watson

Coldwell Banker Home Source

02046244 (909) 489-6340yvette.watson@cbhomesource.com
StateCA
CountyLos Angeles
CityLong Beach
Zip Code90814
Area2 Belmont Heights | Alamitos Heights
Community NameBelmont Heights (BH)
Listing VS Median (in Belmont Heights (BH))
Price:
$2,150,000
low | high
Med:
$1,824,500
65.139534883721% of Average
sqft:
4,148
low | high
Med:
2,918
79.652844744455% of Average
$ / sqft:
$518
low | high
Med:
$634
27.770928025601% of Average
On site:
11
low | high
Med:
120.5
9.128630705394% of Average
Sourced by Back At You
Nearby Listings (Within 1/2 mile)
Price: $1.612M - $2.687M
sqft: 3,000 - 5,000
Nearby Listings Property ImageNearby Listings Details
449 Redondo Avenue Property Photo 1
$1,750,000
449 Redondo Avenue
Long Beach, CA 90814
3517 E 2nd Property Photo 1
$2,198,000
3517 E 2nd
Long Beach, CA 90803
Listing Updated: November 5, 2026 at 2:08:58 PM PST

Yvette Watson - Coldwell Banker Commercial Real Estate Solutions