In [78] we propose an approach to the unitarizability problem in the case of classical groups over a p-adic field of characteristic zero based on cuspidal reducibility points. The unitarizability for these groups is reduced to the case of so called weakly real representations in [73]. Following C. Jantzen, to an irreducible weakly real representation π of a classical group one can attach a sequence (π 1 , . . . , π k ) of irreducible representations of classical groups, each of them supported by a line of cuspidal representations X ρ of general linear groups containing a selfcontragredient representation ρ, and an irreducible cuspidal representation σ of a classical group ([25]). The first question is if π is unitarizable if and only if all π i are unitarizable.Further, the pair ρ, σ determines the non-negative reducibility exponent α ρ,σ ∈ 1 2 Z among ρ and α. The following question is if the unitarizability of irreducible representations supported by X ρ ∪ σ can be described solely in terms of the reducibility point α ρ,σ (see [78] for precise statement). If the answer to the above two questions is positive, then the unitarizability problem for classical p-adic groups would be reduced to a problem of a systems of real numbers.Following the above proposed strategy, in this paper we solve the unitarizability problem for irreducible subquotients of representations Ind G P (τ ), where G is a classical group over a p-adic field of characteristic zero, P is a parabolic subgroup of G of the generalized rank (at most) 3 and τ is an irreducible cuspidal representation of a Levi factor M of P . As a consequence, this gives also a solution of the unitarizability problem for classical p-adic groups of the split rank (at most) three. This paper also provides some very limited support for the possibility of the above approach to the unitarizability could work in general.