ActiveCondominium

1187 East 3rd Street 305

Long Beach, CA, 90802

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$319,000

MLS: PW26063805

Beds

1

Baths

1

Sq Ft

779

Lot

0.57 ac

Year Built

1969

MLS #

PW26063805

Days on Market

13

Listed

Mar 25, 2026

Description

Welcome to 1187 E 3rd Street #305 in the heart of Long Beach! This light-filled top-floor condo offers an open-concept layout and a seamless flow from the living area to a private balcony—perfect for enjoying coastal breezes and beautiful sunset views. The kitchen features stainless steel appliances and a functional breakfast bar that opens to the dining and living space. The spacious bedroom includes generous closet space, while the unit also offers the convenience of in-unit laundry. The community features a secured entry, inviting courtyard, and gated parking. Ideally located approximately 0.5 miles from the beach and just minutes from downtown Long Beach, shopping, dining, and public transportation—this is coastal living at its best!

Location

Long Beach, Los Angeles County, CA 90802

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Listed by: Melinda Elmer · Century 21 Masters

Payment estimate

$2,516

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $31,900 · Loan: $287,100

%
Principal & Interest
$1,764
Property tax (1.25%)
$332
Homeowners insurance
$300
Mortgage insurance
$120
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Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.

Today's Rates

As of Apr 23, 2026

30-year fixed
6.23%
15-year fixed
5.58%

Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.

Financing Options

FHA Financing — 3.5% Down

First-time and repeat buyers can purchase this Long Beach home with as little as 3.5% down using an FHA loan — roughly $11,165 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.

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