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$2,125,000 Just Listed
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Property Description
Three blocks to the ocean. This extremely well maintained asset is in one of the best rental areas of Long Beach. There is 30% upside in rents and there is a potential for the existing basement to be made into an ADU. Outstanding unit mix of (4) 1 bedroom units and (1) 1 bedroom unit. The building also has a laundry room and (4) enclosed garages.
Long term owner has completed a number of recent upgrades to the property including:
New exterior paint
New roof
upgraded plumbing
new front doors and locks with "invisible" screens.
New landscaping
New irrigation system
Walkscore.com gives the property a score of 97 out of 100, a "Walker's paradise".
Local attractions include Retro row, The Pike outlets, The Promenade, Shoreline Village and trendy Pine Avenue.
Full Property Details
Full Property Details for 1785 E 3rd
General
- Price: $2,125,000
- Status: Active
- Type: Multi-Family
- Source: MRMLS
- MLS ID: PW26118376
- Updated: Today (6/1/2026)
- Added to Site: Today
Rooms
Other Rooms
- Laundry: Individual Room
Additional Information
- Pool Description: None
Parking
- Garage Spaces: 4
Location
- Area: 2 - Belmont Heights, Alamitos Heights
- County: Los Angeles
- Development Name: 2 - Belmont Heights, Alamitos Heights
- Driving Directions: 3rd and Hermosa
Utilities
- Sewer: Public Sewer
- Water: Public
- # Water Meters: 1
- # Gas Meters: 5
- # Electric Meters: 5
Structural Information
- Entry Location: Front
- Square Feet: 4,321
- Year Built: 1963
Unit Information
Unit 1
- Number of Units: 4
- Total Bathrooms: 1
- Bedrooms: 2
Unit 2
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 1
Lot Features
- Lot Size (Acres): 0.0992
- Lot Size (Sq. Ft.): 4,321
- Lot Size Source: Assessor
- Lot Description: Corner Lot
Financial Considerations
- Price Per Sq. Ft.: $491.78
- Price Per Unit: 425000
Listed by P.R.S. Properties, Steve Gamez
Get Pre-Approved Today
Schools
Schools serving 1785 E 3rd
School District:Long Beach Unified School District
| Name | Grades | Distance |
|---|---|---|
Burbank Elementary School, Long Beach, CA 501 Junipero Avenue, Long Beach, CA 90814 | K-5 | 0.4 mi |
Franklin Classical Middle School 540 Cerritos Avenue, Long Beach, CA 90802 | 6-8 | 0.6 mi |
Polytechnic High School, Long Beach, CA 1600 Atlantic Ave., Long Beach, CA 90813 | 9-12 | 1.4 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 1785 E 3rd
Date
Details
Price
Change
Source
6/01/2026
Listed
$2,125,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1785 E 3rd
Year
Property Taxes
Change
Tax Assessment
Change
2025
$19,306
6%
$1,428,809
4%
2023
$18,136
7%
$1,373,328
2%
2022
$17,026
104%
$1,346,400
116%
2021
$8,366
—
$622,435
1%
2020
$8,343
1%
$616,054
2%
2019
$8,246
3%
$603,975
2%
2018
$8,000
1%
$592,133
2%
2017
$7,916
8%
$580,524
2%
2016
$7,343
4%
$569,142
2%
2015
$7,060
—
$560,594
2%
2014
$7,031
3%
$549,614
—
2013
$6,822
—
$547,131
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1785 E 3rd
1785 E 3rd, Long Beach, CA 90802 (MLS# PW26118376) is a Multi-Family property with 5 units containing 0 bedrooms and 0 full bathrooms. 1785 E 3rd is currently listed for $2,125,000 and was received on June 01, 2026. Want to learn more about 1785 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.

