#SR25119378, Milla Pariser, Listing office: Beverly and Company
#PW25122555·
Listing office: Coldwell Banker Commercial·
Listing agent: George Bustamante·
Listing office phone: 714-856-7017
$1,950,000 List price
545 W 3rd St Long Beach, CA 90802
0.2 acres
Multi-Family
Property details
About 545 W 3rd St
Exciting Investment Opportunity in Downtown Long Beach – Prime PD-30 Zoning, 7,500 sf lot! Welcome to 545 W 3rd St, a rare and versatile multi-family property offering tremendous potential for redevelopment in one of Long Beach’s most desirable areas. Situated on a prime lot with coveted PD-30 zoning, this property may offer the potential for up to 40 units (buyer to verify with the city). The current configuration includes four spacious 3-bedroom, 2-bath units, providing solid rental income while you explore development options. Each unit is well-sized, offering comfortable layouts and potential for renovations or upgrades. Rare gated parking with 10 parking spaces. Location is everything, and this property is just steps away from the Gov. George Deukmejian Courthouse, shops, restaurants, and public transit. Whether you're walking to local coffee shops, dining out, or commuting, convenience is at your tenant's doorstep. Don’t miss this incredible opportunity to own a property with strong income potential and significant upside in one of Southern California’s fastest-growing markets.
Highlights
Home typeQuadruplex
StatusActive
Lot size0.1722 Acres
Year built1911
ParkingGated, Private, Unassigned
MLS #PW25122555
Summary
- Private Pool: No
- Parking: Gated, Private, Unassigned
- List Price: $1,950,000
- Annual Tax Amount: $15,918
- Tax Year: 2024
- Lot: Near Public Transit, Rectangular Lot
- Directions: West on 3rd St towards the 710 FWY
- Year Built: 1911
- Stories: 2
- Lot Size: 0.1722 Acres
- MLS Number: PW25122555
- MLS Name: CRMLS
- Office Name: Coldwell Banker Commercial
- Office Phone: (714) 856-7017
- Listing Agent: George Bustamante
Based on information from California Regional Multiple Listing Service, Inc. 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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/19/2025, 2:45:32 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Mar 29, 2013 | Home Sold | $910,000 |
| Aug 14, 2003 | Home Sold | $455,000 |
| Dec 19, 1995 | Home Sold | $165,000 |
| Apr 10, 1995 | Home Sold | $53,500 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $1,099,298 | $15,918 |
| 2023 | $1,077,757 | $15,622 |
| 2022 | $1,056,638 | $14,701 |
| 2021 | $1,035,934 | $14,183 |
| 2020 | $1,024,640 | $13,946 |
| 2019 | $1,004,550 | $13,475 |
| 2018 | $984,854 | $13,230 |
| 2017 | $965,544 | $13,230 |
History based on county public records data.
Nearby schools
3
Chavez Elementary School
Public District KG-5
0.1 mi
•730 W 3rd St
6
Edison Elementary School
Public District KG-5
0.3 mi
•625 Maine Ave
5
Oropeza Elementary School
Public District KG-5
0.6 mi
•700 Locust Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $39,650. Most Long Beach, CA residents have annual incomes less than $<35k. Most families are single, no kids. Typical level of education for residents in this area is high school diploma.
How much money do the neighbors make?
45%
<35k
42%
35k-100k
9%
100k-200k
4%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
57%
Single, No Kids
20%
Single, with Kids
7%
Married, No Kids
16%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
17%
<11 yrs old
8%
12-17 yrs old
35%
18-34 yrs old
36%
35-64 yrs old
4%
65+ yrs old
What do the neighbors do for fun?
Major League Soccer (MLS)
Music Concerts
Tennis
Where do the neighbors shop?
Banana Republic
H&M
Crate & Barrel
Where do the neighbors go to eat?
Jack In The Box
Chipotle
Starbucks
What do the neighbors drive?
Toyota
Volkswagen
BMW
What do the neighbors listen to?
Jazz
Rhythmic Contemporary Hits
News
All data provided by Home Junction and Claritas
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Frequently asked questions
About 545 W 3rd St
The listing price of 545 W 3rd St property is $1,950,000.
The property 545 W 3rd St is a multi located in Long Beach, California, 90802.
Active Listing: 545 W 3rd St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 545 W 3rd St are: Chavez Elementary School (GreatSchools Rating 3/10), Edison Elementary School (GreatSchools Rating 6/10), Oropeza Elementary School (GreatSchools Rating 5/10), Washington Middle School (GreatSchools Rating 3/10), Franklin Classical Middle School (GreatSchools Rating 4/10), Jessie E. Nelson Academy (GreatSchools Rating 4/10), Renaissance High School for the Arts (GreatSchools Rating 5/10), Intellectual Virtues Academy (GreatSchools Rating 5/10), Educational Partnership High School (GreatSchools Rating 2/10).
According to the records, the last property tax for 2024 is $15,918 (source: MLS/based on county public records data).
The last sale was on March 29, 2013 for $910,000 (source: MLS/tax record).
The year of construction for 545 W 3rd St is 1911.
This home is located at 545 W 3rd St in Long Beach, CA and zip code 90802 in the The Harbor neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since June 4, 2025 and is currently priced at $1,950,000.
While more than 73 listings in Long Beach, CA in June 2025 were sold above asking price, there were more than 33 listings sold at asking price, and more than 90 were sold below. In June 2025 in Long Beach, CA there were 4.8% more homes for sale than in May. The median list price of listings available in June 2025 was $836,224, while the average time on the real estate market was 34 days.
From Rocket Homes Real Estate and based on county public records data.