555 E 3rd St
Description
Exceptional opportunity to own a fully renovated creative office property in the heart of Downtown Long Beach. The building is currently configured as two separate office suites, offering flexibility for an owner-user to occupy one space while leasing the other for additional income. Each suite is thoughtfully designed and includes its own bathroom with shower and kitchenette, making the spaces highly functional for both...555 E. 3rd St – Creative Office / Live-Work Opportunity in Downtown Long Beach
Exceptional opportunity to own a fully renovated creative office property in the heart of Downtown Long Beach. The building is currently configured as two separate office suites, offering flexibility for an owner-user to occupy one space while leasing the other for additional income. Each suite is thoughtfully designed and includes its own bathroom with shower and kitchenette, making the spaces highly functional for both office and potential live-work use. The property features high ceilings, an industrial aesthetic, and modern finishes, creating an ideal environment for creative, professional, or boutique office users. The layout allows for multiple use scenarios, making it highly adaptable to a variety of business needs. This property is especially attractive for owner-user buyers utilizing SBA financing, which may allow for low down payment options. A buyer can occupy one suite while leasing the second space to help offset ownership costs. Buyer to verify financing terms with their lender. Located at the prominent corner of 3rd Street and Atlantic Avenue, directly across from City Center, the property benefits from strong visibility, nearby parking options, and immediate access to restaurants, retail, and downtown amenities. Zoned LBPD-30 (Downtown Planned Development District), the property offers additional flexibility as the city may allow for a commercial/residential mixed-use or live-work configuration. Buyer to verify with the City of Long Beach regarding permitted uses and any potential conversion. This is a rare opportunity to acquire a versatile, move-in ready asset in one of Long Beach’s most dynamic and walkable locations.
- Listed by Juan Huizar • DRE #01417642 • Brokerage DRE #02163228 • Sage Real Estate Group, Inc. • 562-307-0838
Property Details for 555 East 3rd Street
Property Details for 555 East 3rd Street
| Status | Active |
|---|---|
| MLS # | PW26081435 |
| Days on Market | 20 |
| Taxes | - |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Property Type | Multi Family |
| MLS Type | Residential Income |
| Year Built | 1957 |
| Lot Size | 0.09 AC / 3,894 SF |
| County | Los Angeles County |
Location
Building Information for 555 East 3rd Street
Payment Calculator
$6,351 per month
30 year fixed, 6.46% Interest
$4,910
$1,441
$0
Know your buying power with a preapproval and custom rate in minutes
1Property Information for 555 East 3rd Street
- Gross Income: $39,812
- Gross Scheduled Income: $60,000
- Net Operating Income: $39,812
- Operating Expense: $20,188
- New Taxes Expense: $12,188
- Fuel Expense: $600
- Electric Expense: $1,600
- Insurance Expense: $4,000
- Trash Expense: $600
- Water Sewer Expense: $1,200
- Total Expenses: $20,188
- Tax Tract Number: 5762
- CFD/Mello-Roos Fee: $1,762
- Tax Lot: 26
- Accessibility Features: No Interior Steps
- Disability Access: No Interior Steps
- Community Features: Curbs, Street Lights, Storm Drains, Sidewalks
- Community: Downtown (DT)
- Appliances: Microwave, Refrigerator
- Equipment: Microwave, None, Refrigerator
- Room Type: All Bedrooms Down
- Bedroom Features: All Bedrooms Down
- Laundry: No
- Laundry Features: None
- Fireplace Features: None
- Fireplace Rooms: None
- Flooring Type: Vinyl
- Flooring: Vinyl
- Door Features: Sliding Doors
- Entry Location: 1
- Fence: Yes
- Fence: Wood
- Fencing: Wood
- Property Condition: Turnkey
- Pool Features: None
- Pool Description: None
- Pool: N/K
- Pool Heat: N/K
- Spa Features: None
- Spa Heat: N/K
- Walk Score: 98
- Lot Features: 0-1 Unit/Acre
- Number Of Units: 2
- Land Lease: No
- Land Lease Type: Fee
- Road Surface Type: Paved
- Road Frontage Type: City Street
- Water: Public
- Sewer: Public Sewer
- Utilities: Natural Gas Connected, Sewer Connected, Electricity Connected, Water Connected
- Electric: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
- Water Source: Public
- Garage Spaces: 0
- Parking: Yes
- Parking Garage: Driveway
- Parking Garage Spaces: 0
- Carport Spaces: 0
- Parking Features: Driveway
- Builders Tract Name: Downtown
- Builders Tract Code: Downtown (DT)
- Residential Styles: Res Income 2-4 Units
- Unit Type Units Total: 1
- Unit Type Beds Total: 1
- Unit Type Baths Total: 1
- Unit Type Furnished: Unfurnished
- Unit Type Garage Spaces: 0
- Unit Type Actual Rent: $0
- Unit Type Total Rent: $0
- Unit Type Pro Forma: 2500
- Unit Type Type: 1
- Unit Type Units Total: 1
- Unit Type Beds Total: 1
- Unit Type Baths Total: 1
- Unit Type Furnished: Unfurnished
- Unit Type Garage Spaces: 0
- Unit Type Actual Rent: $0
- Unit Type Total Rent: $0
- Unit Type Pro Forma: 2500
- Unit Type Type: 2
- Rent Controlled: No
- Number Of Buildings: 1
- Number Of Separate Electric Meters: 1
- Number Of Separate Gas Meters: 1
- Number Of Separate Water Meters: 1
Property History for 555 East 3rd Street
| Date | Event & Source | Price | Appreciation |
|---|---|---|---|
| Apr 16, 2026 | Listed (Active) CLAW #PW26081435MR | $975,000 | — |
| Apr 16, 2026 | Listed (Active) CRMLS #PW26081435 | $975,000 | — |
| Apr 16, 2026 | Listed (Active) SDMLS #PW26081435 | $975,000 | — |
| Apr 1, 2026 | Listed (Active) CRMLS #PW26063548 | $975,000 | — |
| Oct 24, 2025 | Withdrawn / Cancelled SDMLS #240025150 | $1,199,000 | — |
| Oct 23, 2024 | Listed (Active) SDMLS #240025150 | $1,400,000 | — |
| Dec 23, 2021 | Sold CRMLS #SB21165871 | $1,153,000 | — |
| Dec 23, 2021 | Sold CLAW #SB21165871MR | $1,153,000 | — |
| Dec 23, 2021 | Sold SDMLS #SB21165871 | $1,153,000 | — |
| Sep 23, 2021 | Sold (Public Record) Public Record #1479556784 | $1,153,000 | +71.3% / yr |
| Sep 15, 2021 | Pending CLAW #SB21165871MR | — | |
| Sep 15, 2021 | Pending SDMLS #SB21165871 | — | |
| Sep 15, 2021 | Pending CRMLS #SB21165871 | — | |
| Aug 11, 2021 | Listed (Active) SDMLS #SB21165871 | $1,100,000 | — |
| Aug 9, 2021 | Pending SDMLS #SB21165871 | — | |
| Jul 28, 2021 | Listed (Active) SDMLS #SB21165871 | $1,100,000 | — |
| Jul 28, 2021 | Listed (Active) CRMLS #SB21165871 | $1,100,000 | — |
| Jul 28, 2021 | Listed (Active) CLAW #SB21165871MR | $1,100,000 | — |
| Apr 22, 2021 | Sold CRMLS #PW20212329 | $699,500 | — |
| Oct 19, 2020 | Sold (Public Record) Public Record #696598927 | $699,500 | — |
| Oct 19, 2020 | Sold (Public Record) Public Record #1457959205 | $699,500 | — |
| Oct 8, 2020 | Listed (Active) CRMLS #PW20212329 | $699,000 | — |
| Date | Event & Source | Price |
|---|---|---|
| 04/16/2026 | Listed (Active) CLAW #PW26081435MR | $975,000 |
| 04/16/2026 | Listed (Active) CRMLS #PW26081435 | $975,000 |
| 04/16/2026 | Listed (Active) SDMLS #PW26081435 | $975,000 |
| 04/01/2026 | Listed (Active) CRMLS #PW26063548 | $975,000 |
| 10/24/2025 | Withdrawn / Cancelled SDMLS #240025150 | $1,199,000 |
| 10/23/2024 | Listed (Active) SDMLS #240025150 | $1,400,000 |
| 12/23/2021 | Sold CRMLS #SB21165871 | $1,153,000 |
| 12/23/2021 | Sold CLAW #SB21165871MR | $1,153,000 |
| 12/23/2021 | Sold SDMLS #SB21165871 | $1,153,000 |
| 09/23/2021 | Sold (Public Record) Public Record #1479556784 | $1,153,000 +71.3% / yr |
| 09/15/2021 | Pending CLAW #SB21165871MR | — |
| 09/15/2021 | Pending SDMLS #SB21165871 | — |
| 09/15/2021 | Pending CRMLS #SB21165871 | — |
| 08/11/2021 | Listed (Active) SDMLS #SB21165871 | $1,100,000 |
| 08/09/2021 | Pending SDMLS #SB21165871 | — |
| 07/28/2021 | Listed (Active) SDMLS #SB21165871 | $1,100,000 |
| 07/28/2021 | Listed (Active) CRMLS #SB21165871 | $1,100,000 |
| 07/28/2021 | Listed (Active) CLAW #SB21165871MR | $1,100,000 |
| 04/22/2021 | Sold CRMLS #PW20212329 | $699,500 |
| 10/19/2020 | Sold (Public Record) Public Record #696598927 | $699,500 |
| 10/19/2020 | Sold (Public Record) Public Record #1457959205 | $699,500 |
| 10/08/2020 | Listed (Active) CRMLS #PW20212329 | $699,000 |
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 555 East 3rd Street
Schools near 555 East 3rd Street
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | K to 5 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 | |||
| Public - | 9 to 12 |
Rating | School | Distance |
|---|---|---|
Stevenson Elementary School PublicK to 5 | ||
Franklin Classical Middle School Public6 to 8 | ||
Polytechnic High School Public9 to 12 | ||
Renaissance High School For The Arts Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
Similar Homes
Similar Sold Homes
Explore Nearby Homes
- Alamitos Beach Homes for Sale
- Belmont Heights Homes for Sale
- Bixby Park Homes for Sale
- Bluff Park Homes for Sale
- Downtown Long Beach Homes for Sale
- East Village Homes for Sale
- Franklin Homes for Sale
- Long Beach Promenade Homes for Sale
- North Alamitos Beach Homes for Sale
- Port of Long Beach Homes for Sale
- Saint Mary Homes for Sale
- Westside Homes for Sale
- West Village Homes for Sale
- Willmore City Homes for Sale
- Craftsman Village Historic District Homes for Sale
- Long Beach Homes for Sale
- Los Angeles Homes for Sale
- Wilmington Homes for Sale
- Signal Hill Homes for Sale
- Carson Homes for Sale
- Lakewood Homes for Sale
- Seal Beach Homes for Sale
- Harbor City Homes for Sale
- San Pedro Homes for Sale
- Los Alamitos Homes for Sale
- Surfside Homes for Sale
- Rancho Palos Verdes Homes for Sale
- Lomita Homes for Sale
- Huntington Beach Homes for Sale
- Palos Verdes Peninsula Homes for Sale
- 90813 Homes for Sale
- 90831 Homes for Sale
- 90803 Homes for Sale
- 90804 Homes for Sale
- 90814 Homes for Sale
- 90810 Homes for Sale
- 90806 Homes for Sale
- 90744 Homes for Sale
- 90755 Homes for Sale
- 90815 Homes for Sale
- 90807 Homes for Sale
- 90745 Homes for Sale
- 90822 Homes for Sale
- 90840 Homes for Sale
- 90808 Homes for Sale
No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.
Listing Courtesy of Sage Real Estate Group, Inc., Juan Huizar, DRE #01417642
Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.