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702 E 3rd , Long Beach, CA 90802
$1,300,000
Est. Payment: $6,745.42/mo
8 Bed
4 Bath
3264 Sqft
0.06 Acres
Status: active | Days on site: 25
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Chris Heller
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House Description

This 4-unit is fantastic for a long-term owner who wants a piece of Downtown Long Beach! This well-located bread and butter 4-unit is located in the East Village Arts District of Downtown Long Beach and has 4 large 2BD/1BA units and a common area laundry room for tenants. This property is ideally located for tenants, being within walking distance to grocery stores, trendy restaurants, coffee shops, and nightlife. It's a relatively low maintenance building with spacious units and minimal landscaping. Considering 60% of households within 5 miles are renters and the walk score of 97/100, this is an ideal investment for an owner looking for a stable and consistent tenant base. Don't hesitate to reach out!
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Highlights

Listed by Malcolm Zeger , 626-483-7983 Buckingham Investments, Inc , 310-982-7055. CRMLS/Multi-Regional MLS mls logo

Property Type

Multi-Family
Lot/Acreage
0.06

Year Built

1919

County

Los Angeles

Area

4 - Downtown Area, Alamitos Beach

 Neighborhood

Downtown (DT)

Listing ID

SB26222401

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:8
  • ▪ Bathrooms:4
Water:Public

Exterior Features

Lot:2-5 Units/Acre,Rectangular Lot,No Land Lease
Garage Capacity:0
Others:
  • ▪ Additional:2+ Total Units
Sewer:Public Sewer
Principal Interest
$6,745
Taxes
$829

Home Price

$1,300,000

Loan Details

30 yrs
6.75%

Down Payment

20%
$260,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$6,745.42

Principal

Taxes

Principal Taxes HOA Total
Monthly $6,745.42 $828.75 $0.00 $7,574.17
Yearly $80,945.04 $9,945.00 $0.00 $90,890.04
Total $2,428,351.27 $298,350.00 $0.00 $2,726,701.27

Today's Rates

30 Year

6.75%

20 Year

6.86%

15 Year

6.24%

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Market insight data is pulled from the same city as the listing being viewed (Long Beach, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information from California Regional Multiple Listing Service, Inc. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. All properties are subject to prior sale, change or withdrawal.

IDX service by Blueroof 360

Data last updated: 2026-11-07T19:34:22.000Z

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