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4-Unit Residential Building with Laundry
For Sale
$1,300,000

702 E 3rd, Long Beach, CA 90802

Four two-bedroom apartments share a tenant laundry room, with limited landscaping around the building.

Property SizeContact for details
Days on Market8

Property Features for 702 E 3rd

General Information

Standard status Active
Property subtype Residential Income

Units

Unit Mix 4 x 2BD/1BA
Multifamily Units 4

Amenities

common area laundry room
Listing Agency: Buckingham Investments, Inc
Listed By: Malcolm Zeger · License #02013882
Source: Exprealty
Added: Oct 13 Changed: Oct 15 Last Checked: Oct 19 at 11:27AM

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 Buckingham Investments, Inc

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Investment Insights

Based on property information with market context.

Four residential units make up this multifamily property, each configured with two bedrooms and one bathroom. A shared laundry room serves the building, and the grounds include minimal landscaping.

The property is at 702 E 3rd in Long Beach’s East Village Arts District. Grocery stores, restaurants, coffee shops, and nightlife are within walking distance.

Key Highlights

  • Four 2BD/1BA units
  • Shared laundry room for residents
  • Located in the East Village Arts District of Downtown Long Beach

Property Analytics

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Lease Details

4
Residential units

Location Intelligence

Trade Area within ½ mile

5,092
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
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Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Quadplex - Four two-bedroom apartments share a tenant laundry room, with limited landscaping around the building.
Where is this quadplex located?
The property is located at 702 E 3rd Long Beach, CA.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: Four 2BD/1BA units; Shared laundry room for residents; Located in the East Village Arts District of Downtown Long Beach
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