USACALong BeachDowntown (Dt)617 W 3Rd St
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$1,849,000

For Sale

2 months ago

617 W 3Rd St, Long Beach, CA

House

MLS® PW26065075

0 Bed

0 Bath

--

4 Parking

  • Key Facts
  • Description
  • Map

Key Facts

Type Mixed Use
Levels Residential Income
Size -
Garage Yes
Taxes 
Days Active 53
Lot Size 
Approx. Age 1921
MLS® Number PW26065075

Property Address: 617 W 3rd St, Long Beach, CA, 90802-2742

Average square foot calculated using Size range provided by listing agent.

Description

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 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, the 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 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 presents a rare opportunity for investors to capture both immediate income and future upside. The 9-unit asset consists of two 4-unit apartment-style buildings and one Craftsman single-family residence with a detached 2-car garage situated between them. Several units have been recently upgraded, and utility improvements have also been completed. The property is fully rented with a number of long-term tenants and operates at approximately a 6.02% cap rate, offering stable in-place income with additional upside potential.
MLS® NumberPW26065075
Laundry Level
Central VacNo
FireplaceYes
Acreage
Exterior
GarageYes
Approx. Age1921
Basement
DrivewayGarage
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Mar 27, 2026List Date
$1,849,000List Price
  • Commute

Commute

Starting Address
Destination Address
617 W 3Rd St, Long Beach, CA

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