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1135 E 3rd Street, Long Beach CA 90802
1135 E 3rd Street, Long Beach CA 90802
1135 E 3rd Street, Long Beach CA 90802
1135 E 3rd Street, Long Beach CA 90802
1135 E 3rd Street, Long Beach CA 90802
1135 E 3rd Street, Long Beach CA 90802
1135 E 3rd Street, Long Beach CA 90802
1135 E 3rd Street, Long Beach CA 90802
1135 E 3rd Street, Long Beach CA 90802
1135 E 3rd Street, Long Beach CA 90802
California>Long Beach>Franklin

1135 E 3rd StreetLong Beach, CA 90802

For Sale

$1,850,000

Smart Buyer Rebate $18,500

Pleased to present 1135 E. 3rd Street, an 11-unit apartment investment opportunity located in the sought-after Long Beach neighborhood of Alamitos Beach. Offered for sale for the first time in decades, the property is ideally located just a short walk from the beach, and mere minutes from both Downtown and Retro Row. It is comprised of (10) studios (2 of which are exceptionally large), and (1) detached 3-bedroom/2-bathroom house, with its own garage. 1135 E. 3rd St. offers substantial upside potential by updating the units and bringing rents closer to market levels.

Listed by Damien Breaux

·

License #01460301

·

Morgan Skenderian

·

db@morganskenderian.com

Listed by Rick Applebaum

·

License #01273871

·

Morgan Skenderian

Last updated September 22, 2025

·

Source: CRMLS #PW24222836

Listing Facts

  • TypeMulti-family
  • NeighborhoodFranklin
  • Days on Prevu387
  • Taxes$25,036/year

Amenities

  • Parking

Location

Mortgage Calculator

Listing History

10/28/2025
Status changed to Active
$1,850,000
10/22/2025
Status changed to Removed from Feed
$1,850,000
10/17/2025
Status changed to Active
$1,850,000
10/16/2025
Status changed to Removed from Feed
$1,850,000
10/04/2025
Status changed to Active
$1,850,000
10/03/2025
Status changed to Removed from Feed
$1,850,000
09/22/2025
Price Decreased
$1,850,000
09/20/2025
Status changed to Active
$1,950,000
09/19/2025
Status changed to Removed from Feed
$1,950,000
09/18/2025
Status changed to Active
$1,950,000
09/16/2025
Status changed to Removed from Feed
$1,950,000
09/11/2025
Status changed to Active
$1,950,000
09/08/2025
Status changed to Removed from Feed
$1,950,000
09/07/2025
Status changed to Active
$1,950,000
09/05/2025
Status changed to Removed from Feed
$1,950,000
09/04/2025
Status changed to Active
$1,950,000
09/03/2025
Status changed to Removed from Feed
$1,950,000
06/28/2025
Status changed to Active
$1,950,000
06/27/2025
Status changed to Removed from Feed
$1,950,000
05/21/2025
Status changed to Active
$1,950,000
05/20/2025
Status changed to Removed from Feed
$1,950,000
05/19/2025
Price Decreased
$1,950,000
03/28/2025
Status changed to Active
$2,100,000
03/27/2025
Status changed to Removed from Feed
$2,100,000
02/21/2025
Status changed to Active
$2,100,000
02/20/2025
Status changed to Removed from Feed
$2,100,000
02/04/2025
Status changed to Active
$2,100,000
02/03/2025
Status changed to Removed from Feed
$2,100,000
01/31/2025
Price Decreased
$2,100,000
10/28/2024
Listed by Morgan Skenderian
$2,250,000

Property Details for 1135 E 3rd Street

Association

Amenities

  • Community Features: Curbs, Gutter(s), Sidewalks

Exterior

Construction

  • Number Of Units Total: 11
  • Stories: 2
  • Stories Total: 2
  • Year Built: 1923
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Entry Location: 1

Measurements

  • Building Area Total: 6,715
  • Building Area Units: Square Feet
  • Lot Size Acres: 0.19
  • Lot Size Area: 8,459
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 8,459
  • Lot Size Units: Square Feet

Financial

Residential Income

  • Cap Rate: 5.84
  • Gross Income: $2,016.00
  • Operating Expense: $52,792.00

Taxes

  • Parcel Number: 7275005018
  • Tax Annual Amount: $25,036.00

Other

Location

  • Subdivision Name: Downtown (DT)
  • Tax Block: 138
  • Tax Lot: 14

Parking

Parking

  • Garage Spaces: 1
  • Garage: Yes
  • Parking Total: 1

Utilities

Equipment

  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Water Source: Public

Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.