Belmont Heights stands as one of Long Beach’s most desirable and supply-constrained coastal submarkets. Renowned for its historic architecture, walkable streets, and proximity to the shoreline, this neighborhood continues to attract a stable and high-quality tenant base. Professionals, retirees, and renters-by-choice are drawn to the area’s unique character, vibrant community feel, and unmatched lifestyle amenities, including 2nd Street’s dining and retail corridor, Bluff Park, and California State University, Long Beach. With its consistent track record of strong occupancy and rent growth, Belmont Heights remains one of the most enduring multifamily markets in Southern California. The Versailles Apartments present an investor with a rare opportunity to acquire a well-positioned, 36-unit community in this coveted submarket. The property offers a diverse mix of units, including three studio (600 SF), twenty-seven one-bedroom (750 SF), three two-bedroom/two-bath unit (1,200 SF), and three three-bedroom/two-bath units (1,400 SF). Designed with operational efficiency in mind, all units are individually metered for electricity, feature their own water heaters, and are supported by laundry facilities on each floor. Additional highlights include a secured parking garage with 36 spaces,
MLS #
CROC25194563
MLS Source
California Regional MLS
Days on Site
2
Garage/Parking
Assigned Spaces, Garage: 35 Car(s)
Listing Agent
Mike Marcu
Mike Marcu, Broker
License #: 00919594
Phone: (949) 688-1224
Co-Listing Agent
Scott Chappell
License #: 00588898
Phone: (951) 313-4350
# Buildings | # Leased Units | # Total Units |
---|---|---|
1 | – | – |
3641 E 1st St is a Residential Income in Long Beach, CA 90803. This – square foot property sits on a 16,525 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $11,700,000 and was built in 1971.
This address can also be written as 3641 E 1st St, Long Beach, CA 90803.©2025 California Regional MLS. All rights reserved. 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. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from California Regional MLS.
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This listing information is up-to-date as of August 29, 2025. For the most current information, please contact Mike Marcu, (949) 688-1224