Listed by Spencer Pabst of Pabst,Kinney & Associates (562-884-6875)
Charming Spanish-style 8-unit building located in the highly desirable and historic Bluff Heights neighborhood of Long Beach. Built in 1931, 2930 E. 3rd Street offers 7,025 square feet on a 7,502 square foot lot, featuring an attractive unit mix of (4) two-bedroom, one-bath units and (4) one-bedroom, one-bath units, along with five single-car garages. Seven of the eight units were thoughtfully upgraded between 2016-2018 with modern kitchens and bathrooms, including new cabinetry, quartz countertops, and custom tile. The property retains its original charm with hardwood floors, faux fireplaces, plaster moldings, built-ins, and classic wood windows. Major system improvements include updated plumbing with new hot and cold water lines and a new main sewer line (2016-2017). With strong in-place income of $19,045 per month, the property provides immediate cash flow in a premier coastal rental market. The five garages also offer potential for ADU conversion, creating additional upside. A rare opportunity to acquire a well-maintained, character-rich asset in one of Long Beach's most sought-after neighborhoods, offering both stable income and long-term appreciation potential.

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Based on information submitted to CRMLS as of May 21, 2026 3:52 AM EDT . All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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