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$1,750,000
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Property Description
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.
Full Property Details
Full Property Details for 1135 E 3rd St
General
- Sold For: $1,750,000
- Status: Closed
- Type: Multi-Family
- Source: MRMLS
- MLS ID: PW24222836
- Added to Site: 445 day(s) ago
Rooms
Other Rooms
- Laundry: Community
Additional Information
- Pool Description: None
Parking
- Garage Spaces: 1
Location
- Area: 4 - Downtown Area, Alamitos Beach
- County: Los Angeles
- Development Name: 4 - Downtown Area, Alamitos Beach
- Driving Directions: North of E. Broadway and East of Alamtios Avenue
Utilities
- Sewer: Public Sewer
- Water: Public
- # Water Meters: 1
- # Gas Meters: 12
- # Electric Meters: 12
Structural Information
- Entry Location: 1
- Stories/Levels: Two
- Stories Description: Two
- Square Feet: 6,715
- Year Built: 1923
Unit Information
Unit 1
- Number of Units: 8
- Total Bathrooms: 1
Unit 2
- Number of Units: 2
- Total Bathrooms: 1
Unit 3
- Number of Units: 1
- Total Bathrooms: 2
- Bedrooms: 3
Lot Features
- Lot Size (Acres): 0.1942
- Lot Size Source: Assessor
- Zoning: LBR3S
- Lot Description: Lot 6500-9999
Financial Considerations
- Price Per Sq. Ft.: $260.61
- Price Per Unit: 168182
Listed by Morgan Skenderian, Damien Breaux and Morgan Skenderian, Rick Applebaum
Sold by Morgan Skenderian, Damien Breaux
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Schools
Schools serving 1135 E 3rd St
School District:Long Beach Unified School District
| Name | Grades | Distance |
|---|---|---|
Stevenson Elementary School 515 Lime Avenue, Long Beach, CA 90802 | K-5 | 0.4 mi |
Franklin Classical Middle School 540 Cerritos Avenue, Long Beach, CA 90802 | 6-8 | 0.2 mi |
Polytechnic High School, Long Beach, CA 1600 Atlantic Ave., Long Beach, CA 90813 | 9-12 | 1.2 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1135 E 3rd St
Date
Details
Price
Change
Source
12/22/2025
Sold
$1,750,000
-5.41%
MLS
9/22/2025
Price Reduced
$1,850,000
-5.13%
MLS
5/19/2025
Price Reduced
$1,950,000
-7.14%
MLS
1/30/2025
Price Reduced
$2,100,000
-6.67%
MLS
10/28/2024
Listed
$2,250,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1135 E 3rd Street, Long Beach, CA 90802 (MLS# PW24222836) is a Multi-Family property that was sold at $1,750,000 on December 22, 2025. Want to learn more about 1135 E 3rd Street? Do you have questions about finding other Multi-Family real estate for sale in Long Beach? You can browse all Long Beach real estate or contact a Coldwell Banker agent to request more information.

