3515 E 1st St, Long Beach, CA 90803

3515 E 1st St, Long Beach, CA 90803

  • 6014 sq ft
$3,200,000
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Basics

  • Date added: Added 4 months ago
  • Units: 5
  • Area, sq ft: 6014 sq ft

Description

  • 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 vacant 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.

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