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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.
Property Type(s):
Residential Income
| Last Updated | 4/16/2026 | Tract | Bluff Park (BLF) |
|---|---|---|---|
| Year Built | 1931 | Community | 2 - Belmont Heights, Alamitos Heights |
| Garage Spaces | 5.0 | County | Los Angeles |
Additional Details
| AREA | 2 - Belmont Heights, Alamitos Heights |
|---|---|
| GARAGE | Yes |
| HEAT | Wall Furnace |
| LOT | 7501 sq ft |
| LOT DESCRIPTION | Rectangular Lot |
| LOT DIMENSIONS | 7502 |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | 2 |
| SUBDIVISION | Bluff Park (BLF) |
| WATER | Public |
Location
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Listed with Pabst, Kinney & Associates
The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
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