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    Controlled-Access Apartment Community Title is generated by Realmo AI

    1212 E 3rd, Long Beach, CA 90802

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    For Sale
    $10,495,000

    36-unit apartment community with brand-new ADUs, remodeled interiors, an upgraded courtyard, and on-site laundry.

    Type:Commercial
    Added:
    Jun 10, 2026
    Days on Market:
    13
    Last Refresh:
    Jun 13 at 1:54 am

    Property Features for 1212 E 3rd

    General Information

    Standard status
    Active
    Property subtype
    Commercial

    Building Details

    Year Built
    1957

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    Listing Contact
    Steven Bogoyevac

    Listing agent Steven Bogoyevac

    Listing office Steven M. Bogoyevac, Broker

    Listing date Jun 10, 2026

    Source Santacruz

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Steven M. Bogoyevac, Broker

    HighLights

    • 36‑unit apartment community built in 1957 across two contiguous parcels at 1212 and 1216 East 3rd Street in Long Beach
    • Unit mix includes 18 studios, 15 one‑bed/one‑bath units, 1 two‑bed/one‑bath unit, and 2 two‑bed/two‑bath units
    • Recent capital improvements include 3 brand‑new ADUs and 17 remodeled units with updated flooring, contemporary cabinetry, quartz countertops, and upgraded fixtures
    • Upgraded courtyard with picnic areas, plus controlled access entry and on‑site laundry facilities
    • Includes 11% rental upside as stated in the remarks

    Overview

    The Cadillac is a 36-unit apartment community located on two contiguous parcels. The property includes 3 brand-new ADUs and 17 remodeled units, along with a courtyard that features picnic areas. Residents also benefit from controlled access entry and laundry facilities. The unit mix comprises 18 studios, 15 one-bed/one-bath units, 1 two-bed/one-bath unit, and 2 two-bed/two-bath units.

    The community is situated in the Alamitos Beach neighborhood of Long Beach, California, on E 3rd Street. The property is described as being just blocks from the coastline, with the surrounding area characterized as walkable and connected to dining and retail along the waterfront.

    From a tenant- and operator-fit perspective, the renovations emphasize modern, durable finishes, including updated flooring, contemporary cabinetry, quartz countertops, and upgraded fixtures. Combined with the upgraded courtyard and controlled access, these improvements are designed to enhance day-to-day livability while supporting a consistent long-term residential use. The remaining classic units provide a defined path for further interior upgrades within the existing apartment configuration.
    Location Intelligence

    Current Use by Public Records

    1216 E. 3rd ... Condominium Complex

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Grocery & Convenience Store Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Long Beach
    County
    Los Angeles
    State
    California
    Longitude
    -118.1762134
    Latitude
    33.7697875

    FAQs

    What type of property is this?
    Apartment building - 36-unit apartment community with brand-new ADUs, remodeled interiors, an upgraded courtyard, and on-site laundry.
    Where is this apartment building located?
    The property is located at 1212 E 3rd Long Beach, CA.
    What is the asking price?
    The asking price for this property is $10,495,000.
    What are key features of this property?
    This property features: 36‑unit apartment community built in 1957 across two contiguous parcels at 1212 and 1216 East 3rd Street in Long Beach; Unit mix includes 18 studios, 15 one‑bed/one‑bath units, 1 two‑bed/one‑bath unit, and 2 two‑bed/two‑bath units; Recent capital improvements include 3 brand‑new ADUs and 17 remodeled units with updated flooring, contemporary cabinetry, quartz countertops, and upgraded fixtures
    More about this property
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