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3515 E 1st Street

Long Beach, CA 90803

– beds
– baths
– sqft
12,975 sqft lot
1939 build
– on site

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.

Listed By CRMLS_CA / Aaron Jacobson / Lyon Stahl Investment Real Estate, Inc. / 310-729-1559

Last checked: Checking… • Last updated Apr 16, 2025 •

MLS# SB25083005 —

The Building

Year Built:

1939
Year Built Source:

Assessor
New Construction:

No
Building Area Total:

6014.00
Building Area Units:

Square Feet
Total Number Of Units:

5
# of Buildings:

1
Stories Total:

2
Entry Level:

1
Common Walls:

No Common Walls
# of Separate Gas Meters:

5
# of Separate Water Meters:

1
# of Separate Electric Meters:

4

Interior

Entry Location:

front
Laundry:

Inside
Laundry:

1

Location

Directions:

On E 1st St, off Redondo Ave
Latitude:

33.76236800
Longitude:

-118.15103700

The Property

Property Type:

Residential Income
Subtype:

Apartment
Zoning:

LBR4R
Lot Features:

0-1 Unit/Acre
Lot Size Area:

12975.0000
Lot Size Acres:

0.2979
Lot Size SqFt:

12975.00
Lot Size Source:

Assessor
Additional Parcels:

No
Land Lease:

No

Listing Agent

Contact info:

Taxes

Tax Census Tract:

5772.00
Tax Tract:

13566
Tax Lot:

11

The Listing

Special Listing Conditions:

Standard
Parcel Number:

7264012023
Showings Begin:

2025-04-16

Utilities

Sewer:

Public Sewer
Water Source:

Public

The Community

Features:

Biking, Curbs, Suburban, Urban
Pool:

None
Senior Community:

No
Private Pool:

No

Parking

Parking Spaces:

8.00
Garage Spaces:

4.00
Uncovered Spaces:

4.00

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
4/16/25 Apr 16, 2025	Listed / Active	CRMLS_CA	$3,200,000

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This multifamily located in Belmont Heights, Long Beach, CA 90803 is currently for sale for $3,200,000. 3515 E 1st Street is a – square foot multifamily with – beds and – baths that has been on Estately for 7 days. 3515 E 1st Street is in the Belmont Heights neighborhood of Long Beach and has a WalkScore® of 89, making it very walkable. This multifamily is in the attendance area of Mann Elementary School, Jefferson Leadership Academies, and Wilson High School.

Listing Courtesy of: CRMLS_CA and Lyon Stahl Investment Real Estate, Inc.. Based on information from California Regional Multiple Listing Service, Inc. as of 14:53 on Apr 23.

This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.