Mohr Real Estate Group

Mohr Real Estate Group

1212 E 3rd Long Beach CA 90802 MLS #PW26062312

1212 E 3rd
Long Beach, CA, 90802
$10,595,000
Beds
0 Baths
0 SqFt
0.38 Acres
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$10,595,000
1212 E 3rd
Long Beach, CA, 90802
MLS #PW26062312 image #0MLS #PW26062312 image #1MLS #PW26062312 image #2MLS #PW26062312 image #3MLS #PW26062312 image #4MLS #PW26062312 image #5MLS #PW26062312 image #6

Property Description


1212 and 1216 East 3rd Street is a 36-unit apartment community on two contiguous parcels in Long Beach, California. With three brand new ADU’s, 17 remodeled units, a great location in the Alamitos Beach neighborhood, and 11 percent rental upside, this offering is a great investment opportunity.

The subject property consists of two two-story buildings with a mix of 18 studios, 15 one-bed/one-bath units, one two-bed/one-bath unit, and two two-bed/two-bath units. The buildings share a beautifully landscaped courtyard with picnic tables for tenants’ enjoyment and also feature controlled access and shared laundry.

Property Details

Price:
$10,595,000
MLS #:
PW26062312
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Commercial/Residential
Subdivision:
Alamitos Beach AB
Neighborhood:
4downtownareaalamitosbeach
Listed Date:
Mar 23, 2026
Total Sq Ft:
19,248
Lot Size:
16,529 sqft / 0.38 acres (approx)
Year Built:
1957
4 – Downtown Area, Alamitos Beach4downtownareaalamitosbeachAlamitos Beach Ab

Schools

Interior

Laundry Features
CM

Exterior

Common Walls
NCW
Community Features
SUB

Financial

Net Operating Income
$527,011
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The Mohr Real Estate Group

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