Keegan Cin | Realtor® | License # DRE 01971604

Property

Long Beach, CA 90814 3009 E 3rd Street

3009 E 3rd Street Long Beach, CA - Image 13009 E 3rd Street Long Beach, CA - Image 23009 E 3rd Street Long Beach, CA - Image 3
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3009 E 3rd Street Long Beach, CA - Image 43009 E 3rd Street Long Beach, CA - Image 53009 E 3rd Street Long Beach, CA - Image 63009 E 3rd Street Long Beach, CA - Image 73009 E 3rd Street Long Beach, CA - Image 83009 E 3rd Street Long Beach, CA - Image 93009 E 3rd Street Long Beach, CA - Image 103009 E 3rd Street Long Beach, CA - Image 113009 E 3rd Street Long Beach, CA - Image 123009 E 3rd Street Long Beach, CA - Image 13
Presented By: Tyler Leeson with Marcus & Millichap RE Invest; tleeson@marcusmillichap.com
  • MLS# OC25070566
  • 04/01/2025
  • Request Tour
  • Request Info
  • Beds • 7
  • Baths • 1
  • SQFT • 4,148
  • Year Built • 1950

Home Details

3009 East 3rd Street is a 7-unit multifamily property located in the Bluff Heights neighborhood of Long Beach, CA. Built in 1950, 3009 East 3rd Street offers exclusively one-bedroom floor plans averaging 593 square feet. Current ownership has upgraded the property with new dual-pane vinyl windows and low-maintenance landscaping, as well as a freshly painted exterior, completed in 2025. Additionally, select units feature single-story construction, a highly sought after feature for renters. 3009 East 3rd Street benefits from its optimal Bluff Heights, Long Beach location, placing residents in close proximity of Long Beach’s top destinations. The property is situated just half-a-mile from Long Beach City Beach and the Shoreline Pedestrian Bike Path, and just over one mile from Recreation Park, providing residents with easy access to an abundance of outdoor activities. Additionally, the property is just blocks away from Retro Row and just over 1 mile from Belmont Shore’s 2nd Street, providing convenient access to a wide variety of restaurants, shops, and bars. In summary, 3009 East 3rd Street’s fantastic location offers residents a wide variety of activities, employment, transportation, and retail amenities, all of which will attract a diverse renter pool.
Presented By: Tyler Leeson with Marcus & Millichap RE Invest; tleeson@marcusmillichap.com

Interior Features for 3009 E 3rd Street

Other Interior Features

Air Conditioning Y/NNo
Basement (Y/N)No
Common WallsNoCommonWalls
Fireplace Y/NNo
Heating Y/NNo
Laundry FeaturesCommonArea
Total Stories2

Other Rooms

Entry Level1

General for 3009 E 3rd Street

Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Cap Rate4.45
Carport Y/NNo
CityLong Beach
Community FeaturesCurbs, Gutters, Sidewalks
CountyLos Angeles
DirectionsCross Streets of East 3rd Street 7 Orizaba Avenue
Electric Expense1300.0
Electric On Property Y/NNo
Entry LocationFirst level
Fuel Expense1300.0
Garage Spaces0.0
Garage Y/NNo
Gross Income142934.0
HOANo
HOA Fee$0.0
Home Warranty Y/NNo
Insurance Expense4872.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Listing TermsCash, CashToNewLoan, Conventional, Exchange1031
Lot Size Square Feet4356.0
Lot Size UnitsAcres
MLS Area2 - Belmont Heights, Alamitos Heights
MaintenanceExpense4200.0
MobileHomeRemainsYNNo
Net Operating Income93141.0
New ConstructionNo
Number Of Units Total7
Operating Expense45532.0
Pool FeaturesNone
Property Attached Y/NNo
Property Sub Type AdditionalApartment
Property SubtypeApartment
Property TypeResidentialIncome
Rent Control Y/NNo
Senior Community Y/NNo
SewerPublicSewer
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Subdivision NameBelmont Heights (BH)
Tax Lot11
Taxes$25,982
Trash Expense1300.0
Water Sewer Expense1300.0
Waterfront Y/NNo
Year Built1950
Year Built SourceAssessor
ZoningLBR2A

Exterior for 3009 E 3rd Street

Building Area Total4148.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesStreetLevel
Lot Size Acres0.1
Lot Size Area0.1
Lot Size SourceAssessor
Number of Buildings1
Number of Separate Electric Meters7
Number of Separate Gas Meters7
Number of Separate Water Meters1
Open Parking Y/NNo
Private PoolNo
SpaNo
Total Parking0.0
Water SourcePublic

Additional Details

Price History

Justin Hughey

Price $2,095,000
MLS#OC25070566
List Date 04/01/2025
Property Type Multi-Family
Request Tour
Request Info

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