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Two-Story 21-Unit Apartment Building
For Sale
Contact for pricing
Pending

527 W 3rd St, Long Beach, CA 90802

Reported mix includes one- and two-bedroom residences along with a studio unit.

Property SizeContact for details
Days on Market147

Property Features for 527 W 3rd St

General Information

Standard status Pending
Property subtype Multifamily

Property Condition

Severity Repairs Needed
Evidence interior & exterior renovations

Units

Unit Mix 9 x 2BR/1BA, 11 x 1BR/1BA, 1 x Studio
Multifamily Units 21

Building Details

Buildings 1
Stories 2
Listing Agency: Stepp Commercial
Listed By: Robert Stepp · License #CA 01456379
Source: Crexi
Added: Apr 11 Changed: Sep 2 Last Checked: Sep 1 at 9:13PM

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 Stepp Commercial

Investment Insights

Based on property information with market context.

This two-story apartment property contains 21 units with a reported mix of 9 two-bedroom/one-bath units, 11 one-bedroom/one-bath units, and 1 studio. The unit breakdown is subject to buyer verification.

Located in Downtown Long Beach at 527 E 3rd Street, the property is part of a larger portfolio consisting of 6 buildings and 58 units. The property information also states that Long Beach is not subject to rent control.

Key Highlights

  • 21‑unit, two‑story apartment complex
  • Reported mix: 9 2 Bed / 1 Bath, 11 1 Bed / 1 Bath, and 1 Studio
  • Unit mix is subject to buyer verification

Property Analytics

Current Use

Proteam garage doors Building Supply RVNMupgradeNATO Federal Government Office Impala nation High School Genuinely Evil Tattoo ... Tattoo & Piercing Shop

Suggested Use

Top Pick Carpet & Flooring Store Tanning Salon Daycare Center Storage Facility Butcher (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

21
Residential units

Location Intelligence

Trade Area within ½ mile

5,511
Businesses Nearby

Demographics for 90802, CA

41,686
Population
25,055
Households
1.7
Avg Household Size
37
Median Age
44%
College-Educated
88%
High-School Grad
6.5 sq mi
ZIP Area
6,413
Density / Sq Mi
$72,152
Median Household Income
$52,011
Median Earnings
$1,855
Median Rent
$546,700
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Reported mix includes one- and two-bedroom residences along with a studio unit.
Where is this apartment building located?
The property is located at 527 W 3rd St Long Beach, CA.
What are key features of this property?
This property features: 21‑unit, two‑story apartment complex; Reported mix: 9 2 Bed / 1 Bath, 11 1 Bed / 1 Bath, and 1 Studio; Unit mix is subject to buyer verification
(310) 463-2916 Call to check price and availability
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