Pleased to present 1135 E. 3rd Street, an 11-unit apartment investment opportunity located in the sought-after Long Beach neighborhood of Alamitos Beach. Offered for sale for the first time in decades, the property is ideally located just a short walk from the beach, and mere minutes from both Downtown and Retro Row. It is comprised of (10) studios (2 of which are exceptionally large), and (1) detached 3-bedroom/2-bathroom house, with its own garage. 1135 E. 3rd St. offers substantial upside potential by updating the units and bringing rents closer to market levels.
For sale
Listing Provided by:
Damien Breaux DRE #01460301 db@morganskenderian.com,
Morgan Skenderian,
Rick Applebaum DRE #01273871,
Morgan Skenderian
Price cut: $150K (5/19)
$1,950,000
1135 E 3rd St, Long Beach, CA 90802
3beds
12baths
6,715sqft
Est.:
Multi Family
Built in 1923
-- sqft lot
$1,929,600 Zestimate®
$290/sqft
$-- HOA
What's special
- 212 days
- on Zillow |
- 106 |
- 10 |
Likely to sell faster than
Zillow last checked: 7 hours ago
Listing updated: May 19, 2025 at 07:23am
Listing Provided by:
Damien Breaux DRE #01460301 db@morganskenderian.com,
Morgan Skenderian,
Rick Applebaum DRE #01273871,
Morgan Skenderian
Source: CRMLS,MLS#: PW24222836
Originating MLS: California Regional MLS

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 12
Appliances
- Laundry: Community
Features
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 6,715
- Total interior livable area: 6,715 sqft
Property
Parking
- Total spaces: 1
- Parking features: Garage
- Garage spaces: 1
Features
- Levels: Two
- Stories: 2
- Entry location: 1
- Pool features: None
Lot
- Size: 8,459 Square Feet
- Features: Lot 6500-9999
Details
- Parcel number: 7275005018
- Zoning: LBR3S
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- New construction: No
- Year built: 1923
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Curbs, Gutters, Sidewalks
- Subdivision: Downtown (DT)
Location
- Region: Long Beach
Financial & listing details
- Price per square foot: $290/sqft
- Annual tax amount: $26,280
- Date on market: 10/28/2024
- Total actual rent: 12730
- Income includes: Laundry
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