CA > Long Beach
Long Beach, CA 90803,3515 E 1st Street
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Long Beach, CA 90803,3515 E 1st Street
Long Beach, CA 90803,3515 E 1st Street
Long Beach, CA 90803,3515 E 1st Street
Long Beach, CA 90803,3515 E 1st Street
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Don Pelletier

Don Pelletier

+1(858) 336-1114
$ 3,200,000
Est. payment /mo
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Active

3515 E 1st Street Long Beach, CA 90803

8 Beds

6 Baths

0.3 Acres Lot

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

HOA Y/N No

Lot Size 0.298 Acres

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. Listed at $3,200,000, 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.
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. Listed at $3,200,000, 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

Area Long Beach (90803)

Zoning Assessor

Building

Lot Description Curbs

Story 2

Others

Monthly Total Fees $107

Acceptable Financing Cash

Space Rent $2,500

Listing Terms Cash

San Diego Regional MLS (SDMLS)
Listed by Aaron Jacobson • Lyon Stahl Investment Real Estate, Inc.
agent

Don Pelletier

Broker | License ID: 00866225

+1(858) 336-1114

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3515 E 1st Street

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