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.
For sale
Listing Provided by: Steven M. Bogoyevac, Broker
$10,595,000
1212 E 3rd St, Long Beach, CA 90802
21beds
38baths
19,248sqft
Est.:
Mixed Use
Built in 1957
-- sqft lot
$10,022,600 Zestimate®
$550/sqft
$-- HOA
What's special
Beautifully landscaped courtyardTwo two-story buildings
- 14 days |
- 328 |
- 8 |
Zillow last checked: 7 hours ago
Listing updated: March 23, 2026 at 02:31pm
Listing Provided by:
Steven Bogoyevac DRE #01332755 steve.bogoyevac@marcusmillichap.com,
Steven M. Bogoyevac, Broker
Source: CRMLS,MLS#: PW26062312
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSTour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 21
- Bathrooms: 38
Appliances
- Laundry: Common Area
Features
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 19,248
- Total interior livable area: 19,248 sqft
Property
Features
- Entry location: 1
- Pool features: None
Lot
- Size: 0.38 Acres
Details
- Additional parcels included: 7275010005
- Parcel number: 7275010004
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Mixed Use
Condition
- New construction: No
- Year built: 1957
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Suburban
- Subdivision: Alamitos Beach (Ab)
Location
- Region: Long Beach
Financial & listing details
- Price per square foot: $550/sqft
- Date on market: 3/23/2026
- Listing terms: Cash,Cash to New Loan
Estimated market value
$10,022,600
$9.52M - $10.52M
$3,542/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 3/23/2026 | Listed for sale | $10,595,000$550/sqft |
Source:  CRMLS #PW26062312 Report a problem | ||
Public tax history
Public tax history
Tax history is unavailable.BuyAbility℠ payment
Est. payment
$63,109/mo
Principal & interest
$52691
Property taxes
$10418
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Climate risks
Neighborhood: Alamitos Beach
Nearby schools
GreatSchools rating
- 5/10Stevenson Elementary SchoolGrades: K-5Distance: 0.5 mi
- 3/10Franklin Classical Middle SchoolGrades: 6-8Distance: 0.3 mi
- 7/10Polytechnic High SchoolGrades: 9-12Distance: 1.3 mi
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