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1500 E 1st Street 3, Long Beach CA, 9080263601444139137120
1500 E 1st Street 3, Long Beach CA, 9080263601444139137121
1500 E 1st Street 3, Long Beach CA, 9080263601444139137122
$1,736,000
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1500 E 1st Street 3, Long Beach CA, 90802

address1500 E 1st St #3

Description

contect:6576665000 wechat:chuanqit 🏢 Prime 3-Unit Investment Complex | Long Beach | Near Beach & Downtown​​ Fully Remodeled • Additional Studio Unit • Laundry Income • Investor Ready Welcome to a standout investment opportunity in the heart of Long Beach! This stylish 3-unit complex (plus a bonus studio) is fully updated, income-producing, and perfectly positioned just minutes from the beach and vibrant downtown. Ideal for investors seeking strong returns in a high-demand location. 🏠 ​​Unit Breakdown:​​ • ​​Upper Unit:​​ 2 bedrooms, 1 bathroom — spacious living room, laundry hook-ups, and ​​2 private balconies​​ with views • ​​Lower Units (2):​​ 1 bedroom, 1 bathroom each — cozy layouts, ​​no shared walls​​, perfect for singles or small families • ​​+ Bonus Studio Unit:​​ Converted from storage (unpermitted), includes balcony — ideal for extra rental income 💡 ​​Property-Wide Features:​​ • ​​Private entrances​​ for all units — added tenant privacy and appeal • ​​On-site laundry room​​ serving lower units — generates additional income • ​​Full remodels throughout​​ — modern finishes, move-in ready for tenants • ​​Great tenant layout​​ — minimal noise transfer between units 📍 ​​Location Highlights:​​ • ​​Minutes to the beach​​, downtown Long Beach, shops, and dining • High rental demand — perfect for students, professionals, or beachgoers • Strong appreciation potential in a growing, desirable area 💰 ​​Investment Advantages:​​ • ​​Multiple income streams​​ (rents + laundry revenue) • ​​Low turnover potential​​ thanks to upgrades and privacy • ​​Expanded cash flow​​ with the bonus studio unit • Perfect for investors looking to scale their portfolio with a turnkey property ⚠️ ​​Note:​​ The studio conversion is unpermitted — ideal for savvy investors comfortable with value-add opportunities and due diligence.


Location
1500 E 1st St #3
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