1212 E 3rd, Long Beach, CA 90802

Long Beach
Local realty services provided by:ERA Excel Realty
1212 E 3rd,Long Beach, CA 90802
$10,495,000
  • - Beds
  • - Baths
  • 19,248 sq. ft.
  • Multi-family
  • Active
Listed by: steven bogoyevac
Office: steven m. bogoyevac, broker562-436-5800
MLS#:PW26062312
Source:CRMLS

Price summary

  • Price:$10,495,000
  • Price per sq. ft.:$545.25

About this home

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...

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Home facts

  • Year built:1957
  • Listing ID #:PW26062312
  • Added:52 day(s) ago
  • Updated:May 15, 2026 at 10:47 AM

Rooms and interior

  • Living area:19,248 sq. ft.

Structure and exterior

  • Year built:1957
  • Building area:19,248 sq. ft.
  • Lot area:0.38 Acres

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$10,495,000
  • Price per sq. ft.:$545.25
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