Long Beach, CA 90803,3515 E 1st Street
Listed by Aaron Jacobson • Datashare CR Default Office Don't Delete
Bought with Ryan Versfelt • Datashare CR Default Office Don't Delete

$2,500,000

Est. payment /mo

$2,675,000

6.5%
Est.Price: ?

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3515 E 1st Street Long Beach, CA 90803

6,014 SqFt

SOLD DATE : 09/26/2025

Key Details

Sold Price $2,500,000

Property Type Commercial

Sub Type Other

Listing Status Sold

Purchase Type For Sale

Square Footage 6,014 sqft

Price per Sqft $415

MLS Listing ID CRSB25083005

Year Built 1939

Lot Size 0.298 Acres

Property Sub-Type Other

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 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. 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. Don’t miss out on this rare find.

Location

State CA

County Los Angeles

Interior

Laundry Inside

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Bay East Association of Realtors
Donny Piwowarski

Donny Piwowarski

Broker | License ID: 01444374

+1(209) 740-1004

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