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$1,899,000 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • Updated 4 days ago
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Introducing this exceptional 9-unit property located in the heart of vibrant Long Beach, CA. Positioned in one of Southern California's most dynamic coastal markets, 617 W 3rd Street Long Beach offers a compelling investment opportunity in the rapidly evolving Downtown Long Beach corridor. Just minutes from the waterfront, Pine Avenue, and the city's major employment hubs, this property benefits from strong rental demand driven by both lifestyle and location. Long Beach continues to see sustained growth fueled by ongoing redevelopment, proximity to the ports, and its accessibility to both Los Angeles and Orange County. The area attracts a diverse tenant base including young professionals, students, and long-term residents seeking an urban coastal environment with walkability and transit access.The property itself presents a rare opportunity for investors to capture both immediate income and future upside. 9 units comprising of 2 4-unit apartment style buildings and 1 Craftsman Single Family with a 2 car garage in between. Several of the units have recent upgrades, recent utility upgrades have been completed as well, fully rented with a number of long term tenants.

Full Property Details for 617 W 3rd St

General

  • Price: $1,899,000
  • Status: Active
  • Type: Multi-Family
  • Source: MRMLS
  • MLS ID: PW26065075
  • Updated: 3/27/2026
  • Days on Market: 5 days
  • Added to Site: 5 day(s) ago

Interior

  • Fireplace(s): None

Rooms

Other Rooms

  • Laundry: None

Additional Information

  • Pool Description: None
  • Spa Description: None

Parking

  • Garage Spaces: 2
  • Parking Features: Garage
  • Parking: Garage

Location

  • Area: 4 - Downtown Area, Alamitos Beach
  • County: Los Angeles
  • Development Name: 4 - Downtown Area, Alamitos Beach
  • Driving Directions: Between Maine and Magnolia on 3rd St

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Floor Furnace

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • # Water Meters: 9
  • # Gas Meters: 9
  • # Electric Meters: 9

Structural Information

  • Entry Location: frist floor
  • Stories/Levels: Two
  • Stories Description: Two
  • Square Feet: 7,190
  • Year Built: 1921

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: 1

Unit 6

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

Unit 7

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

Unit 8

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

Unit 9

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

Lot Features

  • Property View: Neighborhood
  • Lot Size (Acres): 0.1724
  • Lot Size (Sq. Ft.): 7,508
  • Lot Size Source: Assessor
  • Zoning: LBPD30
  • Lot Description: Walking Street

Financial Considerations

  • Price Per Sq. Ft.: $264.12
  • Price Per Unit: 211000

Listed by Century 21 Masters, Melinda Elmer and Century 21 Masters-Arroyo Grande, James Kelsey

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Listing agents

— 617 W 3rd St —

  • Melinda Elmer

    Century 21 Masters

  • James Kelsey

    Century 21 Masters-Arroyo Grande

562-316-2915

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 617 W 3rd St

School District:Long Beach Unified School District
NameGradesDistance
Chavez Elementary School, Long Beach, CA
730 West 3rd Street, Long Beach, CA 90802
K-50.1 mi
Washington Middle School, Long Beach, CA
1450 Cedar Avenue, Long Beach, CA 90813
6-81.1 mi
Cabrillo High School, Long Beach, CA
2001 Santa Fe Avenue, Long Beach, CA 90810
9-121.9 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 617 W 3rd St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
3/27/2026
Listed
$1,899,000
39.12%
MLS
2/04/2026
Sold
$1,365,000
—
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 617 W 3rd St

Year
Property Taxes
Change
Tax Assessment
Change
2024
$4,524
3%
$120,308
3%
2023
$4,399
5%
$116,598
2%
2022
$4,202
9%
$114,332
2%
2021
$3,842
1%
$112,110
1%
2020
$3,806
1%
$110,971
3%
2019
$3,750
6%
$107,855
2%
2018
$3,522
-80%
$105,741
-91%
2017
$17,341
437%
$1,242,665
1123%
2016
$3,229
3%
$101,637
2%
2015
$3,142
-1%
$100,112
2%
2014
$3,161
2%
$98,152
—
2013
$3,099
—
$97,710
—
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.

Estimate the Cost for 617 W 3rd St

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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

Get Pre-Approved

Listed by Century 21 Masters, Melinda Elmer and Century 21 Masters-Arroyo Grande, James Kelsey

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617 West 3rd Street, Long Beach, CA 90802 (MLS# PW26065075) is a Multi-Family property with 9 units containing 0 bedrooms and 0 full bathrooms. 617 West 3rd Street is currently listed for $1,899,000 and was received on March 27, 2026. Want to learn more about 617 West 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.

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