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$2,025,000
1 Day On Site

545 W 3rd Street
Long Beach, CA 90802

For Sale|Apartment|Active
0
Beds
0
Full Baths
0
Partial Baths
5,449
SqFt
$372
/SqFt
1911
Built
Subdivision:
Alamitos Beach (AB)
County:
Los Angeles
Listed by Christa Vessell of Coldwell Banker Commercial [email protected]

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545 W 3rd Street545 W 3rd Street545 W 3rd Street545 W 3rd Street
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Mortgage Calculator

Monthly Payment (Est.)

$9,239
Calculator powered by Showcase IDX. Copyright ©2025 Information is deemed reliable but not guaranteed.

Exciting Investment Opportunity in Downtown Long Beach – Prime PD-30 Zoning! Welcome to 545 W 3rd St, a rare and versatile multi-family property offering tremendous potential for redevelopment in one of Long Beach’s most desirable areas. Situated on a prime lot with coveted PD-30 zoning, this property may offer the potential for up to 40 units (buyer to verify with the city). The current configuration includes four spacious 3-bedroom, 2-bath units, providing solid rental income while you explore development options. Each unit is well-sized, offering comfortable layouts and potential for renovations or upgrades. Location is everything, and this property is just steps away from the Gov. George Deukmejian Courthouse, shops, restaurants, and public transit. Whether you're walking to local coffee shops, dining out, or commuting, convenience is at your tenant's doorstep. Don’t miss this incredible opportunity to own a property with strong income potential and significant upside in one of Southern California’s fastest-growing markets.

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Listing Snapshot
Price 
$2,025,000
Days On Site 
1 Day
Bedrooms 
N/A
Inside Area (SqFt) 
5,449 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.1722 Acres
Year Built 
1911
MLS® Number 
PW25033854
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
yesterdayListing first seen on site
yesterdayListing updated with changes from the MLS®
General Features
Acres 
0.1722
Number Of Stories 
2
Property Sub Type 
Apartment
Sewer 
Public Sewer
Special Circumstances 
Standard
SqFt Total 
5449
Water Source 
Public
Zoning 
LBPD30
Interior Features
Laundry Features 
Laundry Closet
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Exterior Features
Pool Features 
None
Community Features
Building Access 
3rd st
Community Features 
CurbsParkStreet LightsSidewalks
Financing Terms Available 
Cash
MLS Area 
4 - Downtown Area, Alamitos Beach


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. The 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, the 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.

Neighborhood & Commute
Source: Walkscore
Community information and market data Powered by ATTOM Data Solutions. Copyright ©2019 ATTOM Data Solutions. Information is deemed reliable but not guaranteed.
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