3632 E 1st, Long Beach, CA 90803
- $2,600,000
- List Price
- $2,600,000
- Status
- ACTIVE
- MLS#
- PW26185730
- Year Built
- 1923
- Lot Size
- 5,793
- Acres
- 0.13
- Lot Location
- 2-5 Units/Acre
- Days on Market
- 1
- Property Type
- Multifamily
- Property Sub Type
- Apartment
- Neighborhood
- Belmont Shore (Bsd)
Property Description
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.
Additional Information
- Pool Description
- None
- Heat
- Wall Furnace
- Cooling Description
- None
- View
- Golf Course
- Sewer
- Public Sewer
- Water
- Public
- Attached Structure
- Attached
- Number Of Units Total
- 5
- Gross Scheduled Income
- $132,600
- Operating Expense
- 46410
Listing courtesy of Listing Agent: Kristina Moore (kristinamooreproperties@gmail.com) from Listing Office: The Moore Group.
Mortgage Calculator
Based on information from California Regional Multiple Listing Service, Inc. as of . 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.