Price Reduction
Listed By:
Moe Shahbani with Coldwell Banker Realty; 562-547-3324
Address
1915 E 3rd, Long Beach, CA
Price
$ 810,000
Property Attributes
  • MLS#PW26189869
  • TypeMulti-Family
  • Listing Status Pending
  • CountyLos Angeles
  • CityLong Beach
  • Area Downtown Area, Alamitos Beach
  • NeighborhoodAlamitos Beach (AB)
  • Zip90802
  • Style
  • Year Built1918
  • Price$ 810,000
  • Bedrooms0
  • Full Bathrooms1
  • Half Bathrooms0
  • Sqr Footage1154
  • Lot Size0.0598 Acres
Data Source:
California Regional MLS (CRMLS)
Property Description

Charming and thoughtfully upgraded, this side-by-side Bungalow duplex at 1915 E. 3rd Street sits at the edge of Belmont Heights and has been meticulously maintained with tasteful updates that preserve its original character. Each unit offers 1 bedroom, 1 bathroom, and one dedicated parking space, with separate gas and electric meters and private outdoor spaces that enhance comfort and livability. The left unit (1915 E. 3rd) has been primarily owner-occupied, while the right unit (1917 E. 3rd) has operated as a short-term rental for the past several years, including permitted AirBnB and Furnished Finder use. Both units will be delivered vacant at close of escrow, providing flexibility for an owner-occupant to live in one unit while generating income from the other, or for an investor seeking strong rental demand in a high-performing coastal market. Located within walking distance to Alamitos Beach and close to Downtown Long Beach, shopping, dining, trendy East Village, schools, major freeways, and public transportation, this property offers excellent long-term upside in a desirable coastal community. Upgrades include electrical, restoring the double hung windows, flooring, wall furnaces, dedicated electrical circuits to run all the window Air Conditionings, addition of electric outlets, exterior paint and an awnings as well as welcoming picket fence.

Price History
9/12/2026 Listed $749,900
9/17/2026 8$810,000

General Features

Sewer Public Sewer
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Architectural Style Bungalow
Pool Features None
Year Built 1918
Tenant Pays Electricity,Gas
Stories Count 1
Levels One
Property Subtype Duplex
Gross Income 52800
Community Features Biking,Sidewalks,Urban,Water Sports,Park
County Los Angeles
Net Operating Income 36960
Operating Expense 15840
New Construction false
Property Type Residential Income
HOA false
Subdivision Name Alamitos Beach (AB)
Garage Y/N false
Special Listing Conditions Standard,Trust
Status Pending
Directions On 3rd. Street, one block west of Cherry Ave.
City Long Beach
Entry Location 1
Senior Community Y/N false
Open Parking Spaces 2
Number Of Units Total 2
MLS Area 4 - Downtown Area, Alamitos Beach
Lot Size Units Square Feet
Lot Size Square Feet 2605
Listing Terms Cash to New Loan,Submit
Property Attached Y/N true
Land Lease Y/N false
Additional Parcels Y/N false
Rent Control Y/N false
Building Area Units Square Feet
Standard Status Pending
Year Built Source Assessor
Tax Lot 17
Property Sub Type Additional Duplex
Expected Active Date 2026-09-11
Taxes 8999
Cap Rate 4.93
PostalCity LONG BEACH

Interior Features

Fireplace Features None
Total Stories 1
Common Walls 1 Common Wall,No One Above,No One Below
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N false
Laundry Features Outside
Entry Level 1

Exterior Features

Exterior Amenities Awning(s)
Parking Features One Space,Uncovered
Lot Features Back Yard,Corner Lot,Flag Lot,Front Yard,Near Park,Near Public Transit
Water Source Public
Total Parking 2
Lot Size Area 2605
Number of Buildings 1
Building Area Total 1154
Lot Size Acres 0.0598
Private Pool false
Lot Size Source Assessor
Number of Separate Water Meters 1
Number of Separate Gas Meters 2
Number of Separate Electric Meters 2

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 90802

Price
AVG $2.32M
$810K
Year Built
AVG 1931
1918

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