3515 E 1st Street, Long Beach, CA 90803

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Glen Henderson

[email protected] +1(619) 889-7646

$2,675,000

Est. payment - /mo

8 Beds

6 Baths

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID SB25083005

Bedrooms 8

Property Sub-Type Res Income 2-4 Units

Property Description

Welcome to 3515 E 1st St, a rare and architecturally stunning Streamline Moderne 5-unit apartment building in the heart of Belmont Shore, just one block from the water. Spanning 6,014 SF on a 12,975 SF lot, this income-generating property offers a highly desirable unit mix: (1) 3-Bed/1-Bath, (2) 2-Bed/1.5-Bath, and (2) 1-Bed/1-Bath. With three tenant ready units , this is an ideal opportunity for investors or owner-users looking to capitalize on prime rental upside in one of Long Beachs most sought-after neighborhoods. Beyond its existing footprint, the property offers significant development potential, allowing for up to five additional units atop the current structurecreating a 10-unit masterpiece in an unbeatable coastal location. Tenants will enjoy walkability to the beach, dining, shopping, and entertainment along 2nd Street, with easy access to major freeways and employment hubs. Revised at $2,675,000, this is a premier opportunity to own a trophy asset with value-add potential in a high-demand rental market. Dont miss out on this rare find.

Location

State CA

County Los Angeles

Zoning Assessor

Direction On E 1st St, off Redondo Ave

Interior

Fireplace No

Exterior

View Y/N No

Building

Story 2

Level or Stories 2

Others

Tax ID 7264012023

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Listed by Aaron Jacobson Lyon Stahl Investment Real Estate, Inc.

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Glen Henderson

+1(619) 889-7646

Broker Associate | CA BRE #01384181

Broker Associate CA BRE #01384181

San Diego Communities

3515 E 1st Street Long Beach, CA 90803

Glen Henderson

Key Details

Location

Interior

Exterior

Building

Others

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