3348 East 1st Street
3348 East 1st Street
Long Beach, CA 90803
$3,025,000
Last Sold Price
9
Beds
10
Baths
6,293 Sq. Ft.
$481 / Sq. Ft.
6,293
Sq. Ft.
$481
per Sq. Ft.
Closed 9/7/22
Closed 9/7/22
Description
Gorgeous pride of ownership classic Spanish duplex with TWO OWNERS' UNITS (each the size of a house) + 5 additional units just ONE BLOCK from the BEACH! This is a very special property -- rarely does something like this come available in the highly desirable Bluff Park historical district. It is perfect for someone who wants to OWNER OCCUPY or a SAVVY INVESTOR looking to add a prime property to their portfolio. The lovely duplex looks out to 1st St, one of the nicest streets in Long Beach. Each side...Gorgeous pride of ownership classic Spanish duplex with TWO OWNERS' UNITS (each the size of a house) + 5 additional units just ONE BLOCK from the BEACH! This is a very special property -- rarely does something like this come available in the highly desirable Bluff Park historical district. It is perfect for someone who wants to OWNER OCCUPY or a SAVVY INVESTOR looking to add a prime property to their portfolio. The lovely duplex looks out to 1st St, one of the nicest streets in Long Beach. Each side looks and feels like a separate house. Unit 3350 is around 2,600 sf and has three bedrooms and three bathrooms, including an ensuite in the primary bedroom. Unit 3348 is over 2,000 sf and has three bedrooms and two bathrooms. Both have large bonus rooms that could be another bedroom/office/gym, highly desirable floor plans, huge rooms (really huge), fully remodeled kitchens, formal dining rooms, balconies, original hardwood floors, cool architectural details and abundant character and charm throughout. The property has an extra-large lot and the curb appeal is fantastic! Lush landscaping and a long driveway lead to a two-car garage. Above the garage is an adorable one-bedroom unit with no shared walls. In the back is a triplex with two nice sized one-bedroom units and an alcove studio/one bedroom. There is even an ocean view through the trees from one of the units. Each has hardwood floors, lots of charm and a great layout. Lastly is the “office”, an attached unit which has been transformed into an efficiency studio. Rent it or use it for your office. It would even make a perfect Airbnb! Between the buildings is a serene courtyard and throughout the property are beautiful flowers, trees and greenery which provide a park like setting and lots of privacy. Completing the property are more garages (a two car and one car), individual storage units and a laundry room. This highly desirable location is not only close to the ocean, it’s also a block away from the eclectic and fun “Broadway Corridor” shops, galleries and restaurants. Historic Bluff Park is known for its beautiful extra wide tree lined streets and diverse turn of the century architecture that Long Beach is famous for. If you love history, cool architecture, being close to restaurants, shopping, and the beach, then you will love this property! Leave your car parked and enjoy and the best of SoCal. This is a great investment and the location can’t be beat!
- Listed by Lorri Quiett • DRE #01371114 • Brokerage DRE #02075076 • Vylla Home, Inc.
Property Details for 3348 East 1st Street
Architectural Style
Spanish
ViewNeighborhood, Ocean
Parking Spaces Total9
Private PoolNo
Cooling TypeNone, Wall/Window Unit(s)
Total Units7.0
Building TypeAttached
Lot Size SourceAssessor
Location
Listing Courtesy of Vylla Home, Inc., Lorri Quiett, DRE #01371114
Sold By First Team Real Estate, Sue La Bounty, DRE #01161648
Add your commute
LISTING UPDATED: 09/08/2022 12:30 AM
Property Details for 3348 East 1st Street
| Status | Closed |
|---|---|
| MLS # | PW22142124 |
| Days on Market | 22 |
| Taxes | - |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Mixed Use |
| MLS Type | Residential Income |
| Year Built | 1928 |
| Lot Size | 0.22 AC / 9,612 SF |
| County | Los Angeles County |
Location
Listing Courtesy of Vylla Home, Inc., Lorri Quiett, DRE #01371114
Sold By First Team Real Estate, Sue La Bounty, DRE #01161648
Add your commute
Building Information for 3348 East 1st Street
Stories2Residences-Year Built1928Building Size-Lot Size0.22 AC / 9,612 SF
Payment Calculator
$19,762 per month
30 year fixed, 7.25% Interest
Principal and Interest
$16,509
Property Taxes
$3,253
HOA Dues
$0
The Payment Calculator is for illustrative purposes only.
Property Information for 3348 East 1st Street
Rental Info
Rental Info
- Tenant Pays: Electricity, Gas, Sewer, Water
Income / Expense / Tax Details
Income Details
- Gross Income: $138,680
- Gross Scheduled Income: $138,680
- Gross Operating Income: $138,680
- Net Operating Income: $119,813
- Laundry Income: $1,500
- Current Financing: None
- Financing: Cash
Expense Details
- Operating Expense: $18,867
- Gardener Expense: $2,640
- Fuel Expense: $0
- Licenses Expense: $266
- Pest Control Expense: $368
- Electric Expense: $2,904
- Insurance Expense: $4,457
- Professional Management Expense: $5,580
- Other Expense: $960
- Other Expense Description: gas
- Trash Expense: $0
- Water Sewer Expense: $1,692
- Total Expenses: $18,867
Tax / Assessment Info
- Tax Block: 42
- Tax Tract Number: 0
- Tax Census Tract: 5772.00
- Tax Lot: 7
Community / Development
Community / Development
- Community Features: Curbs, Sidewalks, Street Lights
Property / Structure Info
Interior Features
- Interior Features: Balcony, Built-in Features, Ceiling Fan(s), Crown Molding, Granite Counters
- Room Type: Great Room, Kitchen, Laundry, Living Room, Office, Walk-In Closet
- Bedroom Features: WalkInCloset
- Laundry: Yes
- Laundry Features: Common Area, Community, Dryer Included, Individual Room, Washer Included
- Laundry Equipment Own Lease: Own
- Fireplace Features: Living Room
- Fireplace Rooms: Living Room
- Cooling: None, Wall/Window Unit(s)
- Heating Type: Floor Furnace, Wall
- Heating: Floor Furnace, Wall Furnace
- Flooring: Stone, Wood
- Virtual Tour URL Unbranded: https://video214.com/play/ryHYchuK7aC7zG5E0PtG5g/s/dark
Exterior Features
- Construction Materials: Stucco
- Exterior Construction: Stucco
- Exterior Features: Lighting, Rain Gutters
- Roof: Composition, Shingle, Spanish Tile
- Foundation Details: Raised
- Property Condition: Turnkey, Updated/Remodeled
- View Description: Ocean
- Pool Features: None
- Pool Description: None
- Spa Features: None
Land/Lot Info
- Lot Features: Back Yard, Front Yard, Garden, Landscaped, Lawn, Park Nearby, Yard
- Number Of Units: 7
- Land Lease: No
- Land Lease Type: Fee
- Road Surface Type: Paved
- Road Frontage Type: City Street
- Water: Public
- Sewer: Public Sewer
- Utilities: Natural Gas Connected, Sewer Connected, Water Connected
- Electric: Natural Gas Connected, Sewer Connected, Water Connected
- Water Source: Public
Parking Info
- Garage Spaces: 5
- Parking Garage: Assigned, Driveway, Garage, On street
- Uncovered Spaces: 4
- Open Other Spaces Total: 4
- Parking Garage Spaces: 5
- Carport Spaces: 0
- Parking Features: Assigned, Driveway, Garage, Garage Faces Front, Garage Faces Rear, Street
Property / Structure Info
- Builders Tract Name: Bluff Park
- Builders Tract Code: Bluff Park (BLF)
Unit Information
Unit 1
- Unit Type Units Total: 1
- Unit Type Beds Total: 3
- Unit Type Baths Total: 3
- Unit Type Furnished: Unfurnished
- Unit Type Garage Spaces: 2
- Unit Type Garage Attached: No
- Unit Type Actual Rent: $3,400
- Unit Type Total Rent: $3,400
- Unit Type Pro Forma: 4000
- Unit Type Type: 1
Unit 2
- Unit Type Units Total: 1
- Unit Type Beds Total: 3
- Unit Type Baths Total: 2
- Unit Type Furnished: Unfurnished
- Unit Type Garage Spaces: 2
- Unit Type Garage Attached: No
- Unit Type Actual Rent: $3,000
- Unit Type Total Rent: $3,000
- Unit Type Pro Forma: 3700
- Unit Type Type: 2
Unit 3
- Unit Type Units Total: 1
- Unit Type Beds Total: 1
- Unit Type Baths Total: 1
- Unit Type Furnished: Unfurnished
- Unit Type Garage Spaces: 0
- Unit Type Actual Rent: $1,250
- Unit Type Total Rent: $1,250
- Unit Type Pro Forma: 1600
- Unit Type Type: 3
Unit 4
- Unit Type Units Total: 1
- Unit Type Beds Total: 0
- Unit Type Baths Total: 1
- Unit Type Furnished: Unfurnished
- Unit Type Garage Spaces: 0
- Unit Type Actual Rent: $1,160
- Unit Type Total Rent: $1,160
- Unit Type Pro Forma: 1500
- Unit Type Type: 4
Unit 5
- Unit Type Units Total: 1
- Unit Type Beds Total: 1
- Unit Type Baths Total: 1
- Unit Type Furnished: Unfurnished
- Unit Type Garage Spaces: 0
- Unit Type Actual Rent: $1,235
- Unit Type Total Rent: $1,235
- Unit Type Pro Forma: 1850
- Unit Type Type: 5
Unit 6
- Unit Type Units Total: 1
- Unit Type Beds Total: 1
- Unit Type Baths Total: 1
- Unit Type Furnished: Unfurnished
- Unit Type Garage Spaces: 0
- Unit Type Actual Rent: $1,395
- Unit Type Total Rent: $1,395
- Unit Type Pro Forma: 1900
- Unit Type Type: 6
Unit 7
- Unit Type Units Total: 1
- Unit Type Beds Total: 0
- Unit Type Baths Total: 1
- Unit Type Furnished: Unfurnished
- Unit Type Garage Spaces: 0
- Unit Type Actual Rent: $0
- Unit Type Total Rent: $0
- Unit Type Pro Forma: 900
- Unit Type Type: 7
Unit Information
- Number Of Units Leased: 7
- Rent Controlled: Yes
- Number Of Buildings: 3
- Number Of Separate Electric Meters: 7
- Number Of Separate Gas Meters: 6
- Number Of Separate Water Meters: 1
Property History for 3348 East 1st Street
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
|---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 3348 East 1st Street
Taxable ValueLand$1,970,000Additions$1,055,000Total$3,025,000
Tax Record2023$39,041 ($3,253 / month)
Home Facts
Total Finished SqFt6,293 SqFtAbove Grade Finished SqFt6,293 SqFtLot Size9,612 SqFtStyleMulti-Family Res (5+ Units)Year Built1928ZoningLBR2LCountyLOS ANGELESAPN7264-014-008
Schools near 3348 East 1st Street
This home is within Long Beach Unified School District.
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | K to 5 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 | |||
| Charter - | 9 to 12 |
Rating | School | Distance |
|---|---|---|
Mann Elementary School PublicK to 5 | ||
Jefferson Leadership Academies School Public6 to 8 | ||
Wilson High School Public9 to 12 | ||
Clear Passage Educational Center Charter9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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Listing Courtesy of Vylla Home, Inc., Lorri Quiett, DRE #01371114
Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.