3515 E 1st Street, Long Beach, CA

$2,675,000

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8

Beds

6

Baths

0.30

Acres

About 3515 E 1st Street

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.

Features of 3515 E 1st Street

MLS® # SB25083005
Price $2,675,000
Bedrooms 8
Bathrooms 6.00
Acres 0.30
Type Residential Income
Sub-Type Res Income 2-4 Units
Status Closed

Community Information

Address 3515 E 1st Street
Area LONG BEACH (90803)
City Long Beach
County Los Angeles
State CA
Zip Code 90803

Amenities

Is Waterfront No
Has Pool No
Pool N/K

Interior

Fireplace Yes

Exterior

Lot Description Curbs

Additional Information

Days on Market 99
Zoning Assessor
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeSan Diego
Contact InfoOffice: 913-492-6900

Listing Map

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