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$10,595,000

  • For Sale
  • Active
  • Multi-Family
  • Updated 8 days ago
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1212 and 1216 East 3rd Street is a 36-unit apartment community on two contiguous parcels in Long Beach, California. With three brand new ADU's, 17 remodeled units, a great location in the Alamitos Beach neighborhood, and 11 percent rental upside, this offering is a great investment opportunity. The subject property consists of two two-story buildings with a mix of 18 studios, 15 one-bed/one-bath units, one two-bed/one-bath unit, and two two-bed/two-bath units. The buildings share a beautifully landscaped courtyard with picnic tables for tenants' enjoyment and also feature controlled access and shared laundry.

Full Property Details for 1212 E 3rd

General

  • Price: $10,595,000
  • Status: Active
  • Type: Multi-Family
  • Source: MRMLS
  • MLS ID: PW26062312
  • Updated: 3/23/2026
  • Days on Market: 9 days
  • Added to Site: 9 day(s) ago

Rooms

Other Rooms

  • Laundry: Community

Additional Information

  • Pool Description: None

Location

  • Area: 4 - Downtown Area, Alamitos Beach
  • County: Los Angeles
  • Development Name: 4 - Downtown Area, Alamitos Beach
  • Driving Directions: 3rd between Orange and Esperanza

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • # Water Meters: 2
  • # Gas Meters: 36
  • # Electric Meters: 36

Structural Information

  • Entry Location: 1
  • Square Feet: 19,248
  • Year Built: 1957

Unit Information

Unit 1

  • Number of Units: 2
  • Total Bathrooms: 2
  • Bedrooms: 2

Unit 2

  • Number of Units: 15
  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 3

  • Number of Units: 18
  • Total Bathrooms: 1

Unit 4

  • Number of Units: 1
  • Total Bathrooms: 1
  • Bedrooms: 2

Lot Features

  • Lot Size (Acres): 0.3795
  • Lot Size (Sq. Ft.): 16,529
  • Lot Size Source: Assessor
  • Lot Description: Lot 10000-19999 Sqft

Financial Considerations

  • Price Per Sq. Ft.: $550.45
  • Price Per Unit: 294306

Listed by Steven M. Bogoyevac, Broker, Steven Bogoyevac

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Listing agent

— 1212 E 3rd —

  • Steven Bogoyevac

    Steven M. Bogoyevac, Broker

steve.bogoyevac@marcusmillichap.com

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 1212 E 3rd

School District:Long Beach Unified School District
NameGradesDistance
Stevenson Elementary School
515 Lime Avenue, Long Beach, CA 90802
K-50.5 mi
Franklin Classical Middle School
540 Cerritos Avenue, Long Beach, CA 90802
6-80.3 mi
Polytechnic High School, Long Beach, CA
1600 Atlantic Ave., Long Beach, CA 90813
9-121.2 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1212 E 3rd Get Price Alerts and Save Property

Date
Details
Price
Change
Source
3/23/2026
Listed
$10,595,000
203.15%
MLS
10/11/2021
Sold
$3,495,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 1212 E 3rd

Year
Property Taxes
Change
Tax Assessment
Change
2024
$47,790
2%
$3,708,921
4%
2023
$46,970
7%
$3,564,900
2%
2022
$44,082
587%
$3,495,000
855%
2021
$6,416
—
$365,910
1%
2020
$6,396
1%
$362,159
2%
2019
$6,323
4%
$355,059
2%
2018
$6,068
1%
$348,098
2%
2017
$6,003
8%
$341,274
2%
2016
$5,557
3%
$334,584
2%
2015
$5,374
-1%
$329,559
2%
2014
$5,407
3%
$323,104
—
2013
$5,268
—
$321,645
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Listed by Steven M. Bogoyevac, Broker, Steven Bogoyevac

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1212 E 3rd, Long Beach, CA 90802 (MLS# PW26062312) is a Multi-Family property with 36 units containing 0 bedrooms and 0 full bathrooms. 1212 E 3rd is currently listed for $10,595,000 and was received on March 23, 2026. Want to learn more about 1212 E 3rd? 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.

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