Seller's Agent in 2025
Aaron Jacobson
Lyon Stahl Investment Real Estate, Inc.
(310) 729-1559
1 in this area
39 Total Sales
3515 E 1st St Long Beach, CA 90803
Belmont Heights Neighborhood
9
Beds
7
Baths
6,014
Sq Ft
0.3
Acres
Highlights
- 0.3 Acre Lot
- Laundry Room
- Bike Trail
- Woodrow Wilson High School Rated A
About This Home
As of September 2025Welcome 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.
Last Agent to Sell the Property
Lyon Stahl Investment Real Estate, Inc. Brokerage Phone: 310-729-1559 License #02100737 Listed on: 04/16/2025
Co-Listed By
Lyon Stahl Investment Real Estate, Inc. Brokerage Phone: 310-729-1559 License #02035763
Property Details
Home Type
- Apartment
Year Built
- Built in 1939
Lot Details
- 0.3 Acre Lot
- No Common Walls
- Density is up to 1 Unit/Acre
Parking
- 4 Open Parking Spaces
- 4 Car Garage
Home Design
- Entry on the 1st floor
Interior Spaces
- 6,014 Sq Ft Home
- 2-Story Property
- Laundry Room
Bedrooms and Bathrooms
- 9 Bedrooms
- 7 Bathrooms
Location
- Urban Location
- Suburban Location
Listing and Financial Details
- Tax Lot 11
- Tax Tract Number 13566
- Assessor Parcel Number 7264012023
- $1,285 per year additional tax assessments
Community Details
Overview
- 5 Units
Recreation
- Bike Trail
Building Details
- Rent Control
- 4 Separate Electric Meters
- 5 Separate Gas Meters
- 1 Separate Water Meter
- Operating Expense $59,985
- Gross Income $189,600
- Net Operating Income $120,135
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/26/2025 09/26/25 | Sold | $2,500,000 | -6.5% | $416 / Sq Ft |
| 07/22/2025 07/22/25 | Pending | -- | -- | -- |
| 07/15/2025 07/15/25 | Price Changed | $2,675,000 | -16.4% | $445 / Sq Ft |
| 04/16/2025 04/16/25 | For Sale | $3,200,000 | -- | $532 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
Agents Affiliated with this Home
-
Aaron Jacobson
-
Cameron Samimi
Seller Co-Listing Agent in 2025
Cameron Samimi
Lyon Stahl Investment Real Estate, Inc.
(310) 259-7556
2 in this area
198 Total Sales
-
Ryan Versfelt
Buyer's Agent in 2025
Ryan Versfelt
Lyon Stahl Investment Real Estate, Inc.
(310) 748-1445
1 in this area
7 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB25083005
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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. 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
Nearby Homes
- 3626 E 1st St
- 3641 E 1st St
- 3601 E Ocean Blvd Unit 2C
- 206 Euclid Ave
- 7 37th Place
- 3737 E 2nd St Unit 301
- 16 36th Place Unit F
- 3707 E Livingston Dr Unit 403
- 3234 E Broadway
- 210 Grand Ave Unit 201
- 3811 E Livingston Dr Unit 1
- 207 Mira Mar Ave
- 215 Mira Mar Ave
- 202 Mira Mar Ave
- 3901 E Livingston Dr Unit 402
- 3939 E Allin St Unit 109
- 116 Termino Ave
- 235 Termino Ave Unit 1
- 2999 E Ocean Blvd Unit 120
- 2999 E Ocean Blvd Unit 1730