Investor/Developer Opportunity in Prime Alamitos Beach! Welcome to 1421-1427 E. 3rd Street, a rare opportunity to own a well-maintained fourplex in the heart of Long Beach’s highly sought-after Alamitos Beach neighborhood. Just blocks from the ocean, vibrant Retro Row, and bustling Downtown Long Beach, this property offers the perfect blend of location, cash flow, and development potential. Each of the four spacious units is approximately 1,110 square feet and offers a comfortable and functional layout with large living rooms, separate dining areas, hardwood floors, and abundant natural light. The two downstairs units feature charming outdoor front porches directly off the living room—perfect for relaxing or entertaining. The two upstairs units each include a bonus room/den ideal for a home office, though technically recorded as two-bedroom units per title, the second room does not function as a true bedroom. All units include in-unit washer/dryer hookups and the property is separately metered for gas, electricity, and trash—tenants pay their own utilities, while the owner pays for water. Situated on an oversized 8,337 SF lot, the property includes 8 surface parking spaces—a valuable amenity in this high-demand neighborhood. With generous lot size and favorable zoning
MLS #
CRPW25239232
MLS Source
California Regional MLS
Days on Site
19
Appliances
Other
Heating
Floor Furnace, Wall Furnace
Pool
None
Garage/Parking
Garage: 0 Car(s)
| # Buildings | # Leased Units | # Total Units | 
|---|---|---|
| 1 | 3 | 4 | 
| Unit # | Sq Ft | Beds | Baths | Rent | 
|---|---|---|---|---|
| 1 | 1,100 | – | 0/0 | – | 
1421 E 3rd is a Residential Income in Long Beach, CA 90802. This – square foot property sits on a 8,337 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $1,695,000 and was built in 1920. This address can also be written as 1421 E 3rd, Long Beach, CA 90802.
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This listing information is up-to-date as of October 16, 2025. For the most current information, please contact Spencer Pabst