445 E 3rd St, Long Beach, CA 90802
Property image
Property image
FOR SALE
NEW - 9 HRS AGO
Listed by Robert Stepp, Keller Williams Realty Downey, (562) 334-1500

445 E 3rd St
Long Beach, CA 90802

East Village
  • 8 Beds
  • 22 Baths
  • 12,150 sqft

$4,400,000

Est. Mortgage $26,674/mo*
Get Pre-Qualified

$4,400,000

Est. Mortgage $26,674/mo*
Get Pre-Qualified
8 Beds
22 Baths
12,150 sqft

Home Highlights

Price/Sqft
$362
Listed
1 day ago

Local Information

  • Map ViewExplore the area around 445 E 3rd St.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

About this House

445 E. 3rd Street is a 22-unit multifamily asset located in Long Beach’s East Village Arts District, a dense, walkable submarket within Downtown that continues to attract a steady base of renters driven by proximity to employment, transit, and lifestyle amenities. The property consists of (14) studio units and (8) 1BD/1BA, providing an efficient unit mix aligned with prevailing demand in the area. The seller has invested approximately $530,000 in capital improvements, including interior common areas (hallways, stairwells, keypads), unit interior renovations, new turf and landscaping on exteriors.
All unit interiors are completely renovated with designer fixtures and finishes. Approximately $18,200 has been invested per studio unit renovation and ~$19,200 invested per 1BD/1BA renovation. 445 E. 3rd Street is priced at a 5.84% cap rate and 10.10 GRM in place, with clear embedded upside. As rents move to market and RUBS is implemented, the property stabilizes at a 6.82% cap rate and 9.12 GRM—a 98-basis-point expansion in yield and nearly a full point of GRM compression. That equates to $41,075 of additional annual NOI, a 16% increase in cash flow at no change in basis.

Home Details for 445 E 3rd St

Interior Features

Beds & Baths
Number of Bedrooms: 8Number of Bathrooms: 22
Appliances & Utilities
Laundry: Common Area
Windows, Doors, Floors & Walls
Common Walls: 2+ Common Walls
Levels, Entrance, & Accessibility
Number of Stories: 3Entry Location: 1

Exterior Features

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

Days on Market

Days on Market: 1

Property Information

Year Built
Year Built: 1922
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Mixed Use
Building
Not a New ConstructionAttached To Another StructureNo Additional Parcels
Property Information
Parcel Number: 7281010017

Price & Status

Price
List Price: $4,400,000Price Per Sqft: $362

Active Status

MLS Status: Active

Location

Direction & Address
City: Long BeachCommunity: East Village Arts District

Agent Information

Listing Agent
Listing ID: PW26170001

Building

Building Area
Building Area: 12150 Square Feet

Community

Community Features: SidewalksNot Senior Community

HOA

Association for this Listing: California Regional MLS

Lot Information

Lot Area: 5005 sqft

Listing Info

Special Conditions: Standard

Offer

Listing Terms: Cash, Cash to New Loan, 1031 Exchange

Rental Terms, Policies & Fees

Has Rent Control

Miscellaneous

Mls Number: PW26170001Living Area Range Units: Square FeetAttribution Contact: 310-463-2916Common Interest: NoneUniversal Property Id: US-06037-N-7281010017-R-N

Additional Information

SidewalksSource Internet Entire Listing Display
Last check for updates: about 6 hours ago
Listing Provided by: Robert Stepp DRE #01456379, (310) 463-2916
Keller Williams Realty Downey
Originating MLS: California Regional MLS
Source: CRMLS, MLS#PW26170001
Also Listed on CRMLS.

Market trends in Long Beach

Last updated June 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$806K
$21.67KMoM
Sale-to-List Price
100.0%
Price per sq ft
$662
$8MoM
Available listings
798
50MoM

Price History for 445 E 3rd St

DatePriceEventSource
08/06/2026$4,400,000Listed For SaleCRMLS #PW26170001

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Comparable Sales for 445 E 3rd St

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
518 E 4th St, Long Beach, CA
0.06
Multi-Family Home
$4,700,000
12/05/25
24
28
14,376
627 Linden Ave, Long Beach, CA
0.28
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$2,600,000
03/06/26
3
22
8,543
721 E 7th St, Long Beach, CA
0.39
Multi-Family Home
$2,450,000
05/18/26
14
16
10,464
626 Linden Ave, Long Beach, CA
0.28
Multi-Family Home
$1,650,000
06/30/26
9
9
7,131
833 E 1st St, Long Beach, CA
0.35
Multi-Family Home
$1,850,000
12/22/25
11
11
6,087
1149 E 1st St, Long Beach, CA
0.57
Multi-Family Home
$3,325,000
05/12/26
11
13
7,906
617 W 3rd St, Long Beach, CA
0.55
Multi-Family Home
$1,365,000
02/12/26
9
9
7,190
346 Molino Ave, Long Beach, CA
0.32
Multi-Family Home
$1,625,000
05/28/26
7
5
3,577
717 E 8th St, Long Beach, CA
0.43
Multi-Family Home
$1,020,125
01/23/26
7
6
3,432
1004 E 5th St, Long Beach, CA
0.44
Multi-Family Home
$2,200,000
09/29/25
16
9
7,122

Nearby homes

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Assigned Schools

These are the assigned schools for 445 E 3rd St.
View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

Neighborhood Overview

East Village
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about East Village

At least 2 Trulia users voted on each feature.

  • 100 % Say it's dog friendly

  • 100 % Say it's walkable to restaurants

  • 100 % Say there are sidewalks

  • 89 % Say neighbors are friendly

  • 83 % Say car is needed

  • 75 % Say it's walkable to grocery stores

  • 71 % Say they plan to stay for at least 5 years

  • 50 % Say there's holiday spirit

  • 50 % Say parking is easy

  • 40 % Say kids play outside

  • 33 % Say streets are well-lit

Sourced by Trulia users. Learn more about our methodology.
  • Enoc Caceres
    "that parents should teach good principles to their children, so that in the future they become good citizens."
    0
    Flag
  • Trulia User
    "there are a lot of pet owners who walk their dogs around. they are all super friendly and pick up after their dogs. they love to socialize "
    2
    Flag
  • Trulia User
    "not sure about the community events here. call you if I spelled it up and you are looking to enroll full of my favorite books "
    0
    Flag
  • Trulia User
    "It's well kept, VERY neighborly, and walkable. It's safe! My dog and I LOVE IT, THE PEOPLE, THE SMELL OF FOOD, EVERYTHING!!"
    14
    Flag
  • Trulia User
    "I live in East Village - great neighborhood. There is a feeling of community and the neighbors look out for each other."
    8
    Flag
  • Trulia User
    "I love living in DTLB. I like that everything is a short walk away, plenty of places to eat, things to do, events, and the beach is right there! Most places/restaurants are dog friendly. The downsides for me would definitely be lack of parking in most areas and the unhoused/transient folks sometimes is out of control in some parts. But those things are expected in the downtown area. "
    9
    Flag
  • Trulia User
    "it use to be safe and fun with the seasonal events happening. In 2022, petty crime and random shooting (no hit) and the rise of high crime, businesses having their doors/windows smashed, is sad. I'm glad to finally leave in July."
    0
    Flag
  • Trulia User
    "I have lived in this area for 4 years and love it. Everything is walking distance and convenient. …"
    6
    Flag
  • Trulia User
    "There is an Art Walk every second Sunday. I live in the Art district so there are paintings displayed everywhere. A lot of restaurants and a walk to the grocery store. Unique small businesses. I am 4 blocks away from the beach, pike outlet, Long Beach convention center, and shoreline village. A lot of tourists in the area. The train is a block away. "
    2
    Flag
  • Trulia User
    "Easy access to 710 and 110 fwys. Metro runs through the heart of DTLB. I commute to Beverly Hills, which is awful with traffic. Traveling more than 10 miles to work is a nightmare depending on the destination "
    0
    Flag
  • Trulia User
    "Great diverse and kind neighbors live here. It’s really close to the breach and there are also so many great restaurants near by to enjoy."
    1
    Flag
  • Trulia User
    "The commute is okay. It typically takes me about 15-20 minutes to get to the 405 from where I live, and another 30-40 from there to get to Orange County."
    0
    Flag
  • Trulia User
    "Can be nice, but a lot of homeless people. Although they aren’t aggressive, some have the tendency to flash or be sprawled out across the side walks "
    0
    Flag
  • Martinique B.
    "Dog owners would love the fact that the area's dog friendly. Lots of local dog parks nearby, as well as eateries & bar's. "
    4
    Flag
  • Gifted C. J.
    "The art and the beach make the community special but not much of a unique experience. Over priced and not very peaceful. "
    2
    Flag
  • Sarah C.
    "It’s a perfect urban part of downtown. Walkable stores, bars, restaurants and etc. There’s always something to do and it’s a great neighborhood to live in."
    13
    Flag
  • Amanda A.
    "Not many places for kids to play. Lots of loud, mentally ill homeless. There aren’t many children seen in the area. Mostly young, working adults."
    4
    Flag
  • Lisa
    "The downtown Long Beach Monthly events are unique to its town. It’s easy to fall in love with the monthly Art walk, mon/fri night market, and artisan street fairs"
    1
    Flag
  • Jeromyabailey
    "The homeless population is rampant. Move here with caution. There’s a general feeling of being unsafe and always having to look over your shoulder. "
    2
    Flag
  • Fredfjz
    "is safe but crazy! lots of crazy people and homeless around but safe in the day time, but at night is very sc sketchie."
    1
    Flag
  • Freddy B.
    "It’s perfect to My needs .... and closer To any big streets or a it’s or enter to freeways ..... tráfico It’s like everywhere Heavier on the rush hours but I always fiend the way to easy and fast get sage and fast to My destinations ...!"
    1
    Flag
  • Mona T.
    "Close to freeway lots of lights homeless no parking dirt smells close to stores fast food schools most people polite "
    0
    Flag
  • Brett R.
    "Friendly people. Pet friendly lots of stores and restaurants. Good safe, and quiet You have easy transition and transportation. "
    1
    Flag
  • James L.
    "east village does not extend as far north as 8th street it ends between 4th to 6th street certainly not beyond 90802 zipcode stop fake marketing of apartments as east village when they are not 800 linden ave is not east village "
    3
    Flag
  • Zoe S.
    "Very dog friendly.. only good thing about the area ..parking sucks and over priced. Gentrification at its best "
    1
    Flag
  • Alicia C.
    "In my neighborhood or area, I can walk to downtown Long Beach and there are always events or things going on. Even farmer markets on certain days of the month. Or music events also on certain days of the month. And everything is usually walking distance or if not, a quick and inexpensive Uber or Lyft ride to the events. "
    1
    Flag
  • Alicia C.
    "This isn’t exactly a kid friendly neighborhood since there are a lot of apartments and a busy street with many cars passing by. Also a lot of stray cats. Not sure how close by the local schools are to my complex. "
    0
    Flag
  • Alicia C.
    "My neighborhood is centered in an area where it’s very easy to walk to grocery store, to restaurants, shops, close to the freeways. Very dog friendly. "
    1
    Flag
  • Arpan K.
    "I love this neighborhood cuz I live here and work here. It’s close to everything and people are really nice. I started my band from here. It’s home for NepCali"
    2
    Flag
  • Lucio V.
    "There is a beautiful beach and parks for your kids to play. Try to stay away from North Long Beach. It is not the safest. "
    0
    Flag
  • Rose A.
    "I've lived here for 3 years now. Neighbors are friendly, dog-friendly town, cool restaurants are within walking distance. There's always something to do especially on the weekends! So dynamic and alive, yet chill cause I'm steps away from the beach."
    1
    Flag
  • April D.
    "There"s something always going on. But down the street Broadway/Lime live music. It"s good and the ppl are warm and friendly"
    0
    Flag
  • Alex M.
    "I walk to work in downtown. I am very close to public transportation as well and a major freeway. Nothing is too far."
    0
    Flag
  • Jordannpascallhome
    "There aren’t any close parks by, it’s very annoying because the dog parks are a drive away. Also there’s mostly pavement so the doggos have to walk on the hard floor. "
    0
    Flag
  • Adamjohnames
    "It’s not a good neighborhood to raise kids, they will regularly be exposed to meth use on the streets"
    1
    Flag
  • skitt90
    "Nothing. No one goes outside. Too boring. Neighbors either smoke or drink. All the parks are filled with dirty people and homeless and or just feels dirty. We stay inside. Watch tv. Or travel all the way to San Diego just to do something fun. Kdb is gone and so is Walmart. I’m moving out of California this time next year. Already secured location. "
    2
    Flag
  • Mackenzieralston
    "Constantly see people walking dogs, the only down side is the amount of trash left on the floor for furry friends to get into. "
    0
    Flag

LGBTQ Local Legal Protections

Robert Stepp, Keller Williams Realty Downey
Agent Phone: (310) 463-2916
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 2026-08-06 15:50:13 PDT 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
445 E 3rd St, Long Beach, CA 90802 is a 8 bedroom, 22 bathroom, 12,150 sqft multi-family built in 1922. 445 E 3rd St is located in East Village, Long Beach. This property is currently available for sale and was listed by CRMLS on Aug 6, 2026. The MLS # for this home is MLS# PW26170001.