702 East 3rd Street is a 4-unit multifamily investment property located in the East Village Arts District of Long Beach, CA. 702 East 3rd Street offers an attractive mix of 2, two-bedroom units and 2, three-bedroom units with significant rental upside. The property has received significant capital investment towards modernizing the units with three of four units featuring upgraded countertops, flooring, paint, and appliances. Tenants pay for their own electric and gas. The property is positioned near the intersection of the East Village and Alamitos Beach neighborhoods, offering residents easy access to all that Long Beach has to offer. The property is situated in the East Village Arts District, providing tenants convenient access to the plethora of retail, dining, and entertainment options located in Downtown Long Beach and the Shoreline Village. 702 East 3rd Street is within 1 mile of the 4th Street Corridor, more commonly known as Retro Row, a stretch of 4th Street with numerous specialty shops and cafes. Additionally, the property benefits from its location near the junction of East Ocean Boulevard and Alamitos Avenue, two major thoroughfares that connect residents to arterial freeways.
- CA
- Long Beach
- 90802
- 702 E 3rd Street
- MLS# OC23047340
- Date Listed03/23/2023
- Bedrooms -
- Bathrooms
- Lot Size 0.06 acres (2,614 sq. ft)
- Sewer Public Sewer
- Property Type Apartment
- County Los Angeles
- Year Built 1919
- Water Public
- Square Feet 3,264 sq. ft
- Price Per Sq. Ft $405.94
Exterior / Lot Features
- Roof -
- Lot Size Acres 0.06
- Lot Size SQFT 2,613.60
- Lot Features -
Directions
Nearby Cross Streets: Lime Avenue & East 3rd Street
Financial Considerations
Nearby Schools
Source: School Digger
Public • PK - 5 • Serves this home
0.25 mi
Distance
Franklin Classical Middle School
Public • 6 - 8 • Serves this home
0.25 mi
Distance
Clear Passage Educational Center
Public • 9 - 12 • Serves this home
0.98 mi
Distance
Public • PK - 5 • Serves this home
0.25 mi
Distance
Public • PK - 5
1.33 mi
Distance
Public • PK - 5
1.33 mi
Distance
Public • PK - 5
1.89 mi
Distance
Public • PK - 5
2.11 mi
Distance
Olivia Nieto Herrera Elementary
Public • PK - 5
2.68 mi
Distance
Public • PK - 5
2.92 mi
Distance
Public • PK - 5
3.07 mi
Distance
Public • PK - 5
3.07 mi
Distance
Public • PK - 5
3.58 mi
Distance
Franklin Classical Middle School
Public • 6 - 8 • Serves this home
0.25 mi
Distance
Public • 6 - 8
1.97 mi
Distance
Public • 6 - 8
2.19 mi
Distance
Jefferson Leadership Academies School
Public • 6 - 8
2.85 mi
Distance
Public • 6 - 8
4.3 mi
Distance
Public • 6 - 8
4.83 mi
Distance
Intellectual Virtues Academy Of Long Beach
Public • 6 - 8
4.83 mi
Distance
Public • 6 - 8
5.78 mi
Distance
Public • 6 - 8
5.86 mi
Distance
Public • 6 - 12
6.48 mi
Distance
Clear Passage Educational Center
Public • 9 - 12 • Serves this home
0.98 mi
Distance
Renaissance High School For The Arts
Public • 9 - 12
1.07 mi
Distance
Long Beach Polytechnic High School
Public • 9 - 12
1.92 mi
Distance
Public • 9 - 12
1.97 mi
Distance
Public • 9 - 12
1.97 mi
Distance
Educational Partnership High School
Public • 10 - 12
1.97 mi
Distance
Juan Rodriguez Cabrillo High School
Public • 9 - 12
3.5 mi
Distance
Public • 9 - 12
3.62 mi
Distance
Richard D. Browning High School
Public • 9 - 11
3.94 mi
Distance
Beach High-intensive Learning Program
Public • 9 - 12
3.94 mi
Distance
Private • 09 - 12
0.25 mi
Distance
Private • KG - 12
1.92 mi
Distance
Private • PK - 12
4.99 mi
Distance
Success Work College Preparatory Academy
Private • KG - 12
6.76 mi
Distance
Beach Cities Learning - Long Beach
Private • 01 - 12
7.01 mi
Distance
Private • PK - 12
7.21 mi
Distance
Spectrum Center Schools - Lakewood High School
Private • 09 - 12
8.45 mi
Distance
Sales & Tax History
Source: Public Records
| Year | Total Assessments |
|---|---|
| 2021 | $874,120 |
| 2020 | $874,120 |
| 2019 | $864,861 |
| 2018 | $847,904 |
| 2017 | $831,279 |
| 2016 | $660,547 |
| 2015 | $650,626 |
| 2013 | $637,882 |
| Date | Event | Price |
|---|---|---|
| 06/30/2023 | Sold | $1,300,000.00 1.89% |
| 05/15/2023 | Pending | $1,325,000.00 |
| 05/01/2023 | Contingent | $1,325,000.00 |
| 04/10/2023 | Active | $1,325,000.00 |
| 04/04/2023 | Contingent | $1,325,000.00 |
| 03/23/2023 | Active | $1,325,000.00 |
| Street Address | Beds | Baths | Sold Date | List Price | Valuation Date | Valuation Price |
|---|---|---|---|---|---|---|
| 2916 E Colorado Street | 2 | 2 | Nov 04, 2025 | $734,990 | Nov 22, 2025 | - |
| 170 Saint Joseph Avenue | 3 | 2 | Sep 25, 2025 | $1,799,000 | Nov 22, 2025 | - |
| 4000 E 2nd Street | 3 | 2 | Sep 24, 2025 | $1,700,000 | Nov 22, 2025 | - |
| 2200 Belmont AVE | Listing | 2 | 2 | Nov 05, 2025 | $998,000 | Sep 25, 2024 | $1,006,200 |
| 2200 Belmont AVE | Listing | 2 | 2 | Nov 05, 2025 | $998,000 | Sep 25, 2024 | $1,006,200 |
| 3010 E 1st Street | 6 | 4 | Sep 24, 2025 | $2,295,000 | Nov 22, 2025 | - |
| 355 N Colorado Place | Listing | 3 | 3 | Oct 15, 2025 | $1,249,000 | Feb 23, 2024 | $795,600 |
| 1215 E Barcelona Place | Listing | 2 | 1 | Oct 25, 2025 | $549,999 | Feb 23, 2024 | $529,750 |
| 1215 E Barcelona Place | Listing | 2 | 1 | Oct 24, 2025 | $549,999 | Feb 23, 2024 | $529,750 |
| 2329 Easy Avenue | Listing | 3 | 1 | Sep 25, 2025 | $759,000 | Feb 23, 2024 | $625,000 |
Population & Environment
Source: Sperling's Best Places
| Zip | City | County | National | |
|---|---|---|---|---|
| Population | 42,353 | 469,558 | 10,113,180 | 335,858,263 |
| Population Density | 6,483 | 9,273 | 2,492 | 95 |
| People per Household | 1.9 | 2.8 | 3 | 2.6 |
| Median Age | 39.5 | 36.7 | 37.8 | 39.1 |
| Median Income | $58,958 | $67,761 | $73,262 | $66,222 |
| Average Income | $39,385 | $32,802 | $35,221 | $35,475 |
| Cost of Living Index | 77 | 114 | 124 | 100 |
| Zip | City | County | National | |
|---|---|---|---|---|
| January Avg. High Temp | 46°F | 46°F | 48.5°F | 22.6°F |
| July Avg. High Temp | 82.9°F | 82.9°F | 83.8°F | 86.2°F |
| Annual Precipitation | 12.94" | 12.94" | 15.14" | 38" |
96/100
Walker's Paradise
Walk Score ®
69/100
Good Transit
Transit Score ®
87/100
Very Bikeable
Bike Score ®
Overview
Daily errands do not require a car. Many nearby public transportation options. Biking is convenient for most trips.Transit Summary
31 nearby routes: 30 bus, 1 rail, 0 other
Walkability averages in the surrounding area
The average walkability score in the surrounding area is Walk Score: 61/100, Transit Score: 39/100, Bike Score: 60/100.
Property Change History
Points of Interest near 702 E 3rd Street, Long Beach, CA 90802
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370 ft
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422 ft
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475 ft
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528 ft
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581 ft
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528 ft
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528 ft
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634 ft
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634 ft
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370 ft
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475 ft
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475 ft
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528 ft
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528 ft
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528 ft
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634 ft
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370 ft
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264 ft
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Frequently Asked Questions for 702 E 3rd Street
Source: Realty.com
702 E 3rd Street, Long Beach, CA 90802 is a Apartment, Residential Income property listed for $1,325,000 The property is 3264 sq. ft with - bedrooms and 0 bathrooms
Realty.com has 5 photos of 702 E 3rd Street.
Our records indicate that 702 E 3rd Street was built in 1919.
The full address for this home is 702 E 3rd Street, Long Beach, CA 90802.
702 E 3rd Street has been listed on Realty.com since Thu March 23, 2023
Daily errands do not require a car. Many nearby public transportation options. Biking is convenient for most trips.
The average walkability score in the surrounding area is Walk Score: 61/100, Transit Score: 39/100, Bike Score: 60/100.
There are 3 schools assigned to this home. Check out the schools near 702 E 3rd Street. Stevenson Elementary School (Grades: PK - 5), Franklin Classical Middle School (Grades: 6 - 8), Clear Passage Educational Center (Grades: 9 - 12)
Listing provided courtesy of:
Marcus & Millichap Re Invest
(tel: 949-419-3200)
Listing agent:
Tyler Leeson
(tel: 714-713-9086)
(#OCLEESTYL)
This content last refreshed on 2025-11-22 09:47:33. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Export listing data of 702 E 3rd Street, Long Beach, CA 90802 : MLS# OC23047340