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
·
License #01417642
·
Sage Real Estate Group, Inc.
·
562-307-0838
Last updated April 17, 2026
·
Source: CRMLS #PW26081435
Listing Facts
TypeMulti-family
NeighborhoodEast Village
Days on Prevu14
Amenities
Parking
Location
Mortgage Calculator
Listing History
04/16/2026
Listed by Sage Real Estate Group, Inc.
$975,000
Property Details for 555 E 3rd
Association
Amenities
Community Features: Curbs, Storm Drain(s), Street Lights, Sidewalks
Exterior
Construction
Number Of Units Total: 2
Property Condition: Turnkey
Stories Total: 1
Year Built: 1957
Architectural Style: Modern
Common Walls: No Common Walls
Entry Level: 1
Entry Location: 1
Features
Fencing: Wood
Road Frontage Type: City Street
Measurements
Building Area Total: 1,926
Building Area Units: Square Feet
Lot Features: 0-1 Unit/Acre
Lot Size Acres: 0.08
Lot Size Area: 3,894
Lot Size Source: Assessor
Lot Size Square Feet: 3,894
Lot Size Units: Square Feet
Financial
Residential Income
Gross Income: $39,812.00
Operating Expense: $20,188.00
Taxes
Parcel Number: 7281011026
Interior
Features
Appliances: Microwave, Refrigerator
Flooring: Vinyl
Interior Features: All Bedrooms Down
Other
Features
Accessibility Features: No Stairs
Location
Subdivision Name: Downtown (DT)
Tax Lot: 26
Parking
Parking
Parking Features: Driveway
Utilities
Equipment
Sewer: Public Sewer
Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Water Source: Public
Frequently Asked Questions
How many bedrooms does this multi-family home have?
There is bedrooms in this multi-family home at 555 E 3rd.
How does 555 E 3rd compare to other multi-family homes in East Village?
This multi-family home is listed 51% below the average price for multi-family homes in East Village and has been on the market for 68 less days than the typical home in this area.
555 E 3rd is a -bedroom multi-family home for sale in Long Beach CA 90802. Listed on Prevu for 14 days at $975,000. This property is located in East Village. The median listing price for multi-family homes in this area is $579,000. Additional amenities include parking. View other multi-family home listings in Long Beach.
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 Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.
Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.