$2,600,000

Estimated payment $14,439/month

Total Views 4
9 Beds
6 Baths
4,771 Sq Ft
$545 Price per Sq Ft

Highlights

  • Golf Course View
  • Wilson High School Rated A
  • Wall Furnace

About This Home

First time being sold in 36 years. Long term pride of owner. Located just one block from the sand in the heart of Belmont Heights. Separately metered for gas and electric. 5 private off street parking spaces in back. 3632 E. 1st Street presents a rare opportunity to acquire a trophy five unit apartment building in one of Long Beach's most sought after neighborhoods. Built in 1923, this pride of ownership asset spans approximately 4,771 square feet on a 5,793 Sq. Ft. lot and offers the perfect combination of timeless character, irreplaceable location, and long term investment potential.
Positioned moments from Belmont Shore, Alamitos Bay, and the vibrant shops and restaurants along 2nd Street, residents enjoy an exceptional beach lifestyle with walkability to local dining, coffee shops, boutique shopping, and the scenic shoreline. Opportunities to own apartment buildings this close to the beach are exceptionally limited, making this an ideal addition to any investment portfolio or owner occupied user.
Whether you're seeking stable income, future rental upside, or a legacy asset in an A+ coastal location, 3632 E. 1st Street checks every box.

Listing Agent

Kristina Moore

The Moore Group Brokerage Phone: 7148097608 License #01926377 Listed on: 08/26/2026

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1923

Lot Details

  • 5,793 Sq Ft Lot
  • Two or More Common Walls
  • Density is 2-5 Units/Acre

Home Design

  • Apartment
  • Entry on the 1st floor

Interior Spaces

  • 4,771 Sq Ft Home
  • 2-Story Property
  • Golf Course Views
  • Laundry in unit

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 6 Bathrooms

Parking

  • 5 Open Parking Spaces
  • 5 Parking Spaces
  • Parking Available
  • Parking Lot

Additional Features

  • Suburban Location
  • Wall Furnace

Listing and Financial Details

  • Legal Lot and Block 3 / 40
  • Tax Tract Number 5772
  • Assessor Parcel Number 7256004010

Community Details

Overview

  • 5 Units
  • Belmont Shore Subdivision

Amenities

  • Laundry Facilities

Building Details

  • 4 Leased Units
  • Rent Control
  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Net Operating Income $86,190

Property Details

Home Type

Multi-Family

Year Built

Built in 1923

Lot Details

5,793 Sq Ft Lot

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Subdivision Name Other: Belmont Shore (BSD)
  • View: Yes
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Parcel Number: 7256004010
  • Year Built: 1923
  • Special Features: None

Interior Features

  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Price Per Square Foot: 544.96

Exterior Features

  • View: Golf Course
  • Pool Private: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Parking Space
  • Total Parking Spaces: 5.00
  • Uncovered Spaces: 5.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 5793.00
  • Lot Size Acres: 0.1330

Rental Info

  • Tenant Pays: Gas, Sewer, Electricity

Multi Family

  • Gross Scheduled Income: 132600.00
  • Lot Size Area: 5793.0000 Square Feet
  • Net Operating Income: 86190.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 5
  • Operating Expense: 46410.00
  • Rent Control: Yes
  • Total Actual Rent: 6850.00

Tax Info

  • Tax Block: 40
  • Tax Lot: 3
  • Tax Tract Number: 5772

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $2,111 $188,800 $24,000 $164,800
2024 $7,351 $169,500 $24,100 $145,400
2023 $1,860 $153,800 $24,100 $129,700
2022 $1,860 $144,200 $24,100 $120,100
2021 $1,668 $129,800 $18,500 $111,300
2020 $1,531 $119,800 $18,500 $101,300
2019 $1,616 $115,200 $18,500 $96,700
2018 $1,597 $108,500 $18,500 $90,000
2017 $1,573 $98,500 $18,500 $80,000
2016 $1,372 $95,800 $18,500 $77,300
2014 $1,324 $97,300 $18,500 $78,800
2013 $1,198 $93,500 $18,500 $75,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/26/2026 08/26/26 For Sale $2,600,000 -- $545 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW26185730

California Regional Multiple Listing Service (CRMLS)
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