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$2,780,000
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Property Description
Charming Spanish-style 8-unit building located in the highly desirable and historic Bluff Heights neighborhood of Long Beach. Built in 1931, 2930 E. 3rd Street offers 7,025 square feet on a 7,502 square foot lot, featuring an attractive unit mix of (4) two-bedroom, one-bath units and (4) one-bedroom, one-bath units, along with five single-car garages.
Seven of the eight units were thoughtfully upgraded between 2016-2018 with modern kitchens and bathrooms, including new cabinetry, quartz countertops, and custom tile. The property retains its original charm with hardwood floors, faux fireplaces, plaster moldings, built-ins, and classic wood windows.
Major system improvements include updated plumbing with new hot and cold water lines and a new main sewer line (2016-2017).
With strong in-place income of $19,045 per month, the property provides immediate cash flow in a premier coastal rental market. The five garages also offer potential for ADU conversion, creating additional upside.
A rare opportunity to acquire a well-maintained, character-rich asset in one of Long Beach's most sought-after neighborhoods, offering both stable income and long-term appreciation potential.
Full Property Details
Full Property Details for 2930 E 3rd
General
- Sold For: $2,780,000
- Status: Closed
- Type: Multi-Family
- Source: MRMLS
- MLS ID: PW26080939
- Added to Site: 105 day(s) ago
Rooms
Other Rooms
- Laundry: Community, Common Area
Additional Information
- Pool Description: None
Parking
- Garage Spaces: 5
Location
- Area: 2 - Belmont Heights, Alamitos Heights
- County: Los Angeles
- Development Name: 2 - Belmont Heights, Alamitos Heights
- Driving Directions: 3rd Street between Orizaba Ave. and Temple Ave.
Heating & Cooling
- Heating Type: Wall Furnace
Utilities
- Sewer: Public Sewer
- Water: Public
- # Water Meters: 1
- # Gas Meters: 9
- # Electric Meters: 9
Structural Information
- Entry Location: 1
- Stories/Levels: Two
- Stories Description: Two
- Square Feet: 7,025
- Year Built: 1931
Unit Information
Unit 1
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 1
Unit 2
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 1
Unit 3
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 1
Unit 4
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 1
Unit 5
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 6
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 7
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 8
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 2
Lot Features
- Lot Size (Acres): 0.1722
- Lot Size Source: Assessor
- Lot Description: Rectangular Lot
Financial Considerations
- Price Per Sq. Ft.: $395.73
- Price Per Unit: 349375
Listed by Pabst, Kinney & Associates, Spencer Pabst
Sold by First Team Real Estate, Phillip Mazzocco
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Schools
Schools serving 2930 E 3rd
School District:Long Beach Unified School District
| Name | Grades | Distance |
|---|---|---|
Mann Elementary School 257 Coronado Avenue, Long Beach, CA 90803 | K-5 | 0.2 mi |
Jefferson Leadership Academies School 750 Euclid Avenue, Long Beach, CA 90804 | 6-8 | 0.7 mi |
Wilson High School 4400 East 10th Street, Long Beach, CA 90804 | 9-12 | 1.1 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 2930 E 3rd
Date
Details
Price
Change
Source
6/18/2026
Sold
$2,780,000
-0.54%
MLS
4/16/2026
Listed
$2,795,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
2930 E 3rd, Long Beach, CA 90814 (MLS# PW26080939) is a Multi-Family property that was sold at $2,780,000 on June 18, 2026. Want to learn more about 2930 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.

