Listed by Steven Bogoyevac, Steven M. Bogoyevac, Broker, (562) 436-5800
1212 E 3rd St
Long Beach, CA 90802
Alamitos Beach
21 Beds
38 Baths
19,248 sqft (on 0.38 acres)
21 Beds
38 Baths
19,248 sqft
(on 0.38 acres)
Local Information
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Description
The Cadillac is a 36-unit apartment community situated on two contiguous parcels at 1212 and 1216 East 3rd Street in the highly desirable Alamitos Beach neighborhood of Long Beach, California. This well-located asset boasts 3 brand new ADU’s, 17 remodeled units, a stunning upgraded courtyard, and 11 percent rental upside. This offering represents a rare opportunity to acquire a scale asset in a premier coastal submarket with meaningful upside, recent capital improvements, and strong tenant demand fundamentals.
The asset consists of two buildings featuring a diverse unit mix of 18 studios, 15 one-bed/one-bath units, one two-bed/one-bath unit, and two two-bed/two-bath units. Amenities include a courtyard with picnic areas, controlled access entry, and laundry facilities. Recent renovations incorporate modern interior finishes such as updated flooring, contemporary cabinetry, quartz countertops, and upgraded fixtures, contributing to strong tenant appeal and reduced ongoing maintenance needs. Remaining classic units provide a clear path for further interior upgrades and rental growth.
Located just blocks from the coastline, Alamitos Beach is one of Long Beach’s most vibrant and walkable neighborhoods, known for its proximity to waterfront recreation, dining, and retail along Retro Row and Broadway. The area continues to attract a diverse renter base driven by lifestyle appeal, accessibility, and relative affordability compared to neighboring coastal markets. Long Beach’s multifamily fundamentals remain strong, supported by consistent population density, a growing employment base, and limited new housing supply. High renter demand, coupled with barriers to new development, continues to drive occupancy and rent growth, positioning well-located assets like 1212 and 1216 East 3rd Street for long-term performance.
The asset consists of two buildings featuring a diverse unit mix of 18 studios, 15 one-bed/one-bath units, one two-bed/one-bath unit, and two two-bed/two-bath units. Amenities include a courtyard with picnic areas, controlled access entry, and laundry facilities. Recent renovations incorporate modern interior finishes such as updated flooring, contemporary cabinetry, quartz countertops, and upgraded fixtures, contributing to strong tenant appeal and reduced ongoing maintenance needs. Remaining classic units provide a clear path for further interior upgrades and rental growth.
Located just blocks from the coastline, Alamitos Beach is one of Long Beach’s most vibrant and walkable neighborhoods, known for its proximity to waterfront recreation, dining, and retail along Retro Row and Broadway. The area continues to attract a diverse renter base driven by lifestyle appeal, accessibility, and relative affordability compared to neighboring coastal markets. Long Beach’s multifamily fundamentals remain strong, supported by consistent population density, a growing employment base, and limited new housing supply. High renter demand, coupled with barriers to new development, continues to drive occupancy and rent growth, positioning well-located assets like 1212 and 1216 East 3rd Street for long-term performance.
Home Highlights
Parking
No Info
Outdoor
No Info
HOA
None
Price/Sqft
$545
Listed
46 days ago
Home Details for 1212 E 3rd St
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Beds & Baths Number of Bedrooms: 21Number of Bathrooms: 38 |
Appliances & Utilities Laundry: Common Area |
Windows, Doors, Floors & Walls Common Walls: No Common Walls |
Levels, Entrance, & Accessibility Number of Stories: 2Entry Location: 1 |
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Exterior Home Features No Private Pool |
Parking & Garage No Garage |
Pool Pool: None |
Frontage Not on Waterfront |
Water & Sewer Sewer: Public Sewer |
Surface & Elevation Elevation Units: Feet |
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Cumulative Days on Market: 35Days on Market: 46 |
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Year Built Year Built: 1957 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Mixed Use |
Building Not a New ConstructionNot Attached PropertyHas Additional Parcels |
Property Information Parcel Number: 7275010004Additional Parcels Description: 7275010005 |
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Price List Price: $10,495,000Price Per Sqft: $545 |
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MLS Status: Active |
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Direction & Address City: Long BeachCommunity: Alamitos Beach (Ab) |
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Listing Agent Listing ID: PW26062312 |
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Building Area Building Area: 19248 Square Feet |
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Community Features: SuburbanNot Senior Community |
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Association for this Listing: California Regional MLS |
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Lot Area: 0.38 acres |
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Special Conditions: Standard |
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Listing Terms: Cash, Cash to New Loan |
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Has Rent Control |
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Mls Number: PW26062312Living Area Range Units: Square FeetAttribution Contact: steve.bogoyevac@marcusmillichap.comCommon Interest: NoneUniversal Property Id: US-06037-N-7275010004-R-N |
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SuburbanSource Internet Entire Listing Display |
Last check for updates: 33 minutes ago
Listing Provided by: Steven Bogoyevac DRE #01332755
Steven M. Bogoyevac, Broker
Originating MLS: California Regional MLS
Source: CRMLS, MLS#PW26062312
Also Listed on CRMLS.
Price History for 1212 E 3rd St
| Date | Price | Event | Source |
|---|---|---|---|
| 04/27/2026 | $10,495,000 | PriceChange | CRMLS #PW26062312 |
| 03/23/2026 | $10,595,000 | Listed For Sale | CRMLS #PW26062312 |
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Comparable Sales for 1212 E 3rd St
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.48 | Multi-Family Home | $3,060,000 | 12/01/25 | 21 | 19 | 10,171 | |
0.57 | Multi-Family Home | $4,700,000 | 12/05/25 | 24 | 28 | 14,376 | |
0.76 | Multi-Family Home | $4,300,000 | 10/15/25 | 28 | 26 | 15,328 | |
0.08 | Multi-Family Home | $2,480,000 | 08/13/25 | 12 | 10 | 7,045 | |
0.41 | Multi-Family Home | $2,600,000 | 10/31/25 | 19 | 12 | 10,113 | |
0.27 | Multi-Family Home | $2,200,000 | 09/29/25 | 16 | 9 | 7,122 | |
0.47 | Multi-Family Home | $375,000 | 12/02/25 | 30 | 30 | 7,984 | |
0.55 | Multi-Family Home | $2,566,842 | 06/27/25 | 18 | 16 | 6,044 | |
0.14 | Multi-Family Home | $1,950,000 | 07/28/25 | 9 | 8 | 6,096 | |
0.50 | Multi-Family Home | $4,400,000 | 09/29/25 | 8 | 21 | 9,662 |
Assigned Schools
These are the assigned schools for 1212 E 3rd St.
- Franklin Classical Middle School
- 6-8
- Public
- 991 Students
4/10GreatSchools RatingParent Rating AverageThis school is wild, but at least it's true. This school is a mix of backgrounds and personalities, which is both good, okay, and bad. Yes, this school has "dangers," but if you do something before it does, it would be so much safer. I say this because most students here want to deal with their issues themselves, but it ends up being a mess. This school is good if you make an effort to report things you see that may endanger someone else. This school does NOT mess around when they hear a student is struggling with something, or has an issue with someone (family, friends, peers), the school will help you. This school makes an effort to help students be safe and happy, but they can only do that IF you make an effort to tell a staff member that something is going on. This school makes an effort to make sure it's safe, friendly, non-toxic, and so much more, but they need students' help with reporting something before the issue gets worse. OH, and this school has a great education system, but you do have to remind ur student if they're struggling to ask for help! The teachers here will help you (yes, even the strict ones!).Student Review5mo ago - Polytechnic High School
- 9-12
- Public
- 3890 Students
7/10GreatSchools RatingParent Rating AverageLong Beach Poly is the pride and joy of Long Beach. It is a school that encourages the creativity and growth of its diverse student body from many different backgrounds. All teachers in every pathway are among the best you will ever find. From supporting nearly 4,100 students, all teachers are incredibly helpful and truly want their students to grow not just academically; but provide guidance for building character. All faculty and staff are kind, warm, and truly show what being a Jackrabbit is. Right when you walk into this school, you can tell how the student body and all staff are truly proud to be at Poly and be a Jackrabbit.Student Review5mo ago - Stevenson Elementary School
- K-5
- Public
- 438 Students
5/10GreatSchools RatingParent Rating AverageI didn’t know what to expect when my child started kindergarten, but this is an absolutely outstanding school. My child is in their final year and has had an exceptional experience. The teachers are all top tier. They’ve been working together for many years and they have so much love for the students and families and our community. Being at Stevenson has been an amazing experience for my family. The school is a community in itself and I am so thankful for the care they take in educating my child and helping me raise her as a lifelong learner.Parent Review2y ago 
Check out schools near 1212 E 3rd St.
Neighborhood Overview
Neighborhood stats provided by third party data sources.
What Locals Say about Alamitos Beach
At least 381 Trulia users voted on each feature.
97 % Say it's dog friendly
96 % Say there are sidewalks
95 % Say it's walkable to restaurants
77 % Say it's walkable to grocery stores
65 % Say people would walk alone at night
64 % Say streets are well-lit
62 % Say neighbors are friendly
61 % Say car is needed
60 % Say there's holiday spirit
49 % Say they plan to stay for at least 5 years
38 % Say there's wildlife
38 % Say yards are well-kept
33 % Say kids play outside
30 % Say there are community events
30 % Say it's quiet
10 % Say parking is easy
Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Steven Bogoyevac, Steven M. Bogoyevac, Broker
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of 2026-02-09 09:51:42 PST and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
Based on information from California Regional Multiple Listing Service, Inc. as of 2026-02-09 09:51:42 PST and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
1212 E 3rd St, Long Beach, CA 90802 is a 21 bedroom, 38 bathroom, 19,248 sqft multi-family built in 1957. 1212 E 3rd St is located in Alamitos Beach, Long Beach. This property is currently available for sale and was listed by CRMLS on Mar 23, 2026. The MLS # for this home is MLS# PW26062312.