3515 E 1st Street, Long Beach, CA 90803 (MLS # SB25083005)

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PRICE	$3,200,000
BEDS	n/a
BATHS	0
HOME SIZE	6,014 sqft
LOT SIZE	12,977 sqft

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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 Beach’s most sought-after neighborhoods. Beyond its existing footprint, the property offers significant development potential, allowing for up to five additional units atop the current structure—creating 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. Don’t miss out on this rare find.

DAYS ON MARKET	25	LAST UPDATED	4/16/2025
YEAR BUILT	1939	COMMUNITY	Belmont Heights, Alamitos Heights
GARAGE SPACES	4.0	COUNTY	Los Angeles
STATUS	Active	PROPERTY TYPE(S)	Residential Income

ADDITIONAL DETAILS
AREA	Belmont Heights, Alamitos Heights
GARAGE	Yes
LOT	0.3 acre(s)
LOT DESCRIPTION	0-1 Unit/Acre
POOL DESCRIPTION	None
SEWER	Public Sewer
STORIES	2
WATER	Public
ZONING	LBR4R

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Listed with Lyon Stahl Investment Real Estate, Inc.

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. as of 5/11/25 3:06 AM PDT and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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