Listed by Mike Marcu, Mike Marcu, Broker, (909) 371-1322 . Bought with None MRML
3641 E 1st St
Long Beach, CA 90803
Belmont Heights- 42 Beds
- 42 Baths
- 29,850 sqft (on 0.38 acres)
$10,000,000
Last Sold: Feb 10, 2026
15% below list $11.7M
$335/sqft
Est. Refi. Payment $59,582/mo*
$10,000,000
Last Sold: Feb 10, 2026
15% below list $11.7M
$335/sqft
Est. Refi. Payment $59,582/mo*
42 Beds
42 Baths
29,850 sqft
(on 0.38 acres)
Local Information
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Description
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, elevator service, and a roof less than two years old. The fourth floor boasts ocean views and access to a rooftop balcony, enhancing the property’s long-term tenant appeal.
Currently in clean and functional condition, the Versailles is primed for repositioning through targeted renovations. Strategic upgrades to unit interiors, common areas, and exterior curb appeal can unlock significant rental upside, allowing an investor to capitalize on both immediate NOI growth and long-term appreciation. Given Belmont Heights’ constrained supply, strong rental demand, and consistent growth trajectory, the opportunity to modernize this asset provides a compelling path to value creation.
Ultimately, the Versailles Apartments combine location, stability, and untapped potential in a way few assets can. For investors seeking to establish or expand their footprint in one of Long Beach’s most resilient neighborhoods, this offering represents an exceptional chance to pair operational strength with clear value-add upside.
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, elevator service, and a roof less than two years old. The fourth floor boasts ocean views and access to a rooftop balcony, enhancing the property’s long-term tenant appeal.
Currently in clean and functional condition, the Versailles is primed for repositioning through targeted renovations. Strategic upgrades to unit interiors, common areas, and exterior curb appeal can unlock significant rental upside, allowing an investor to capitalize on both immediate NOI growth and long-term appreciation. Given Belmont Heights’ constrained supply, strong rental demand, and consistent growth trajectory, the opportunity to modernize this asset provides a compelling path to value creation.
Ultimately, the Versailles Apartments combine location, stability, and untapped potential in a way few assets can. For investors seeking to establish or expand their footprint in one of Long Beach’s most resilient neighborhoods, this offering represents an exceptional chance to pair operational strength with clear value-add upside.
This property is off market, which means it's not currently listed for sale or rent on Trulia. This may be different from what's available on other websites or public sources. This description is from February 11, 2026
Home Highlights
Parking
Garage
Outdoor
No Info
HOA
None
Price/Sqft
$335/sqft
Listed
180+ days ago
Home Details for 3641 E 1st St
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Beds & Baths Number of Bedrooms: 42Number of Bathrooms: 42 |
Appliances & Utilities Laundry: Common Area |
Windows, Doors, Floors & Walls Common Walls: 2+ Common Walls |
Levels, Entrance, & Accessibility Stories: 3Number of Stories: 4Levels: Three Or MoreEntry Location: 1 |
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Exterior Home Features No Private Pool |
Parking & Garage Number of Garage Spaces: 35Number of Covered Spaces: 35Has a GarageNo Attached GarageParking Spaces: 35Parking: Assigned |
Pool Pool: None |
Frontage Not on Waterfront |
Water & Sewer Sewer: Public Sewer |
Surface & Elevation Elevation Units: Feet |
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Cumulative Days on Market: 73 |
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Year Built Year Built: 1971 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Multi Family |
Building Not a New ConstructionAttached To Another StructureNo Additional Parcels |
Property Information Parcel Number: 7256005084 |
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Price List Price: $11,700,000Price Per Sqft: $335/sqft |
Status Change & Dates Off Market Date: Sun Nov 09 2025 |
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MLS Status: Closed |
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Direction & Address City: Long BeachCommunity: Other |
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Building Area Building Area: 29850 Square Feet |
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Community Features: Curbs, Sidewalks, ParkNot Senior Community |
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Association for this Listing: California Regional MLS |
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Lot Area: 0.38 acres |
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Special Conditions: Standard |
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Listing Terms: Cash, Cash to Existing Loan |
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Expense Tenant Pays: Electricity |
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No Rent Control |
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Mls Number: OC25194563Living Area Range Units: Square FeetAttribution Contact: 949 688 1224Common Interest: Community ApartmentUniversal Property Id: US-06037-N-7256005084-R-N |
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CurbsSidewalksPark |
Last check for updates: about 10 hours ago
Listed by Mike Marcu DRE #00919594, (949) 688-1224
Mike Marcu, Broker
James Joseph DRE #00819837
Liberty Real Estate Services
Bought with: NONE NONE DRE #N/A, None MRML
Originating MLS: California Regional MLS
Source: CRMLS, MLS#OC25194563

Price History for 3641 E 1st St
| Date | Price | Event | Source |
|---|---|---|---|
| 02/10/2026 | $10,000,000 | Sold | CRMLS #OC25194563 |
| 12/17/2025 | $11,700,000 | Pending | CRMLS #OC25194563 |
| 11/11/2025 | $11,700,000 | Contingent | CRMLS #OC25194563 |
| 08/29/2025 | $11,700,000 | Listed For Sale | CRMLS #OC25194563 |
Market trends in Long Beach
Last updated April 2026
Avg. sale price
$818K $6.67KMoM
Sale-to-List Price
100.0%
Price per sq ft
$638 $14MoM
Available listings
764 39MoM
Comparable Sales for 3641 E 1st St
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.09 | Multi-Family Home | $7,000,000 | 02/10/26 | 30 | 30 | 21,900 | |
0.42 | Multi-Family Home | $5,300,000 | 07/03/25 | 16 | 18 | 9,708 | |
0.05 | Multi-Family Home | $3,850,000 | 05/12/26 | 12 | 8 | 5,218 | |
0.14 | Multi-Family Home | $1,850,000 | 05/27/26 | 3 | 7 | 3,864 | |
0.29 | Multi-Family Home | $2,245,000 | 12/24/25 | 9 | 9 | 6,065 | |
0.14 | Multi-Family Home | $1,525,000 | 05/13/26 | 6 | 6 | 3,604 | |
1.55 | Multi-Family Home | $4,300,000 | 10/15/25 | 28 | 26 | 15,328 | |
0.78 | Multi-Family Home | $2,550,000 | 12/05/25 | 12 | 10 | 10,401 | |
1.29 | Multi-Family Home | $3,060,000 | 12/01/25 | 21 | 19 | 10,171 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 3641 E 1st St.
What Locals Say about Belmont Heights
At least 239 Trulia users voted on each feature.
98 % Say there are sidewalks
97 % Say it's dog friendly
97 % Say it's walkable to restaurants
83 % Say people would walk alone at night
80 % Say it's walkable to grocery stores
79 % Say streets are well-lit
76 % Say there's holiday spirit
70 % Say they plan to stay for at least 5 years
70 % Say car is needed
65 % Say neighbors are friendly
57 % Say yards are well-kept
54 % Say kids play outside
52 % Say there's wildlife
49 % Say parking is easy
43 % Say it's quiet
40 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of 2026-02-09 09:51:42 PST and /or other sources. 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
Based on information from California Regional Multiple Listing Service, Inc. as of 2026-02-09 09:51:42 PST and /or other sources. 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
Homes for rent near 3641 E 1st St
3641 E 1st St, Long Beach, CA 90803 is a 42 bedroom, 42 bathroom, 29,850 sqft multi-family built in 1971. 3641 E 1st St is located in Belmont Heights, Long Beach. This property is not currently available for sale. 3641 E 1st St was last sold on Feb 10, 2026 for $10,000,000 (15% lower than the asking price of $11,700,000). The current Trulia Estimate for 3641 E 1st St is $10,074,100.