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555 E 3rd St, Long Beach, CA, 90802

2beds
2baths
1,926sqft
$975,000
$506price/sqft
$6,226/moest. monthly cost
$249,040/yrincome needed

About This Home

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.

Getting Around

98
WalkingWalker's Paradise
74
TransitExcellent Transit
91
BikeBiker's Paradise

Schools

5/10
7/10
Polytechnic High SchoolGrades 9-121.1 mi

Construction

Condition

  • Property condition: Turnkey
  • Year built: 1957

Type & Style

  • Home type: MultiFamily
  • Architectural style: Modern
  • Property subType: Duplex

Interior

Appliances

  • Appliances included: Microwave,Refrigerator
  • Laundry features: None

Bedroom

  • Features: All Bedrooms Down

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2

Features

  • All Bedrooms Down
  • Door features: Sliding Doors
  • Flooring: Vinyl
  • Fireplace features: None
  • Common walls with other units/homes: No Common Walls

Interior Area

  • Total structure area: 1,926
  • Total interior livable area: 1,926 sqft

Property

Accessibility

  • Accessibility features: No Stairs

Details

  • Parcel number: 7281011026
  • Special condition: Standard

Features

  • Entry location: 1
  • Pool features: None
  • Spa features: None
  • Fencing: Wood

Lot

  • Lot size: 3,894 sqft
  • Features: 0-1 Unit/Acre

Parking

  • Parking features: Driveway