$2,600,000
MLS: PW26185730
Beds
—
Baths
—
Sq Ft
4,771
Lot
0.13 ac
Year Built
1923
MLS #
PW26185730
Days on Market
57
Listed
Aug 26, 2026
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.
Location
Long Beach, Los Angeles County, CA 90803
Open on Google Maps ↗Listed by: Kristina Moore · The Moore Group
Listing information is provided courtesy of the Greater Antelope Valley Association of Realtors (GAVAR) and California Regional MLS (CRMLS). Information is deemed reliable but not guaranteed accurate by the MLS or by Mike Watson. All data, including square footage, lot size, room count, permits, and school assignment, should be independently verified. Properties shown may be listed by brokerages other than Keller Williams Realty. Listings are subject to prior sale, change, or withdrawal without notice.
Payment estimate
$20,185
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $260,000 · Loan: $2,340,000
Average 30-yr fixed rate 7.40% as of Oct 15, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $16,202
- Property tax (1.25%)
- $2,708
- Homeowners insurance
- $300
- Mortgage insurance
- $975
Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.
Today's Rates
As of Oct 15, 2026
- 30-year fixed
- 7.40%
- 15-year fixed
- 6.71%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
About the area · Mike Watson
About the Antelope Valley
The Antelope Valley spans Lancaster, Palmdale, Quartz Hill, Rosamond, Lake Los Angeles, California City, Edwards AFB, and the Plant 42 aerospace corridor. Mike Watson is a lifelong AV resident and the #1 producing individual Realtor in the region by transaction count. Every active listing on this site is paired with a free market analysis tailored to the specific street, honest financing guidance (FHA, VA, USDA, CalHFA, conventional, and assumable loans where the financing supports it), and side-by-side comparisons against the rest of the active inventory in your target ZIP.
Financing Options
FHA Financing — 3.5% Down+
First-time and repeat buyers can purchase this Long Beach home with as little as 3.5% down using an FHA loan — roughly $91,000 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.
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Local Market Stats
See Long Beach, CA 90803 market trends →
Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.
★#1 Producing Individual Realtor, Antelope Valley
Only large teams outsell Mike Watson · Keller Williams Realty
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