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Millman Team Real Estate

$2,150,000
0.10 Acre Lot

3009 E 3rd, Long Beach, California 90814

  • Residential Income Property Type
  • 1950 Year Built
Property Description

We are pleased to present 3009 East 3rd Street, a seven-unit multifamily property located in the highly desirable Bluff Heights neighborhood of Long Beach, California. The property features seven one-bedroom/one-bathroom units averaging approximately 593 square feet, totaling 4, 148 square feet of building area on a 4, 356-square-foot lot. Recent capital improvements include three renovated units, dual-pane vinyl windows, upgraded electrical systems, fresh exterior paint completed in 2026, updated signage, enhanced landscaping, and refreshed laundry facilities. Generating nearly $14, 000 in monthly income, the property offers investors strong in-place cash flow with approximately 15% additional rental upside. Its prime Bluff Heights location provides convenient access to the vibrant dining, shopping, and entertainment along Retro Row and Belmont Shore’s 2nd Street, as well as local beaches, bike paths, and coastal recreation. With its desirable coastal location, strong existing rental income, and manageable seven-unit configuration, 3009 East 3rd Street presents an attractive investment opportunity in one of Long Beach’s most sought-after rental markets.

Basic Details
Residential Income
For Sale
SB26237657
$2,150,000
1950
0.10 Acre
Active
1
Mixed Use
Features
: None
: Common Area
: Public Sewer
$0
Appliances
: Dryer, Washer
Address Map
CA
Los Angeles
Long Beach
Belmont Heights (BH)
90814
3rd
3009
W119° 50' 36.9''
N33° 46' 5.9''
One lot east from the intersection of Orizaba Ave and E 3rd Street.
2 - Belmont Heights, Alamitos Heights
E
Additional Information
$0
$0
$0
$0
$0
4148
: Sidewalks, Curbs, Gutter(s)
1
: Street Level
7
2026-11-04
2
: Public
Broker/Agent Information
Lyon Stahl Investment Real Estate, Inc.
Larson Harley
Listing Information
SBHARLLAR
SB1310620
Cash to New Loan
Active
2026-11-05T22:02:54Z
CRMLS
: Standard
2026-11-04T15:54:35Z
Agent info
Jon Millman
21250 Hawthorne Blvd, Suite 750, Torrance, CA 90503
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