
Long Beach, California 90803
This historic 1922 Spanish Revival landmark is a High-Potential Investment Opportunity, listed at $3,600,000—positioned well below the $3,346,856 Fair Market Value by -7%. While the property requires a strategic approach to restoration, it offers significant scale with 7 bedrooms and a 9,633 sqft lot. Featuring a rooftop deck with ocean views and proximity to top-rated schools like Lowell Elementary, this asset balances historic prestige with long-term growth potential. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a legacy property in Bluff Park.
Property is move-in ready.
While built in 1922, the property is well-maintained and move-in ready. The kitchen has been updated with cherry-finish cabinetry and stainless steel appliances (estimated 10-15 years old), and three of the bathrooms were recently remodeled. The presence of recessed lighting and central HVAC vents indicates modernized electrical and climate systems, fitting the criteria for a well-maintained home with 5-15 year old renovations.
Elementary School: Lowell Elementary School (9/10).
This iconic 1922 Spanish Revival landmark is a centerpiece of the Bluff Park Historic District, offering rare architectural integrity and a storied past featured in museum exhibits.
Situated just moments from the ocean, the property features a rooftop deck with breathtaking panoramic views of the Pacific and is within walking distance of Long Beach’s premier beaches and parks.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 7, other record bedroom count = 6.
Having been held by the same owner for over 40 years, the home likely requires significant capital investment for a full luxury restoration to update the kitchen and core systems.
As a historically significant residence in a protected district, future renovations may be subject to strict city guidelines and preservation standards, potentially limiting design flexibility.
Welcome to 2728 E 1st Street, a timeless Spanish Revival landmark with OCEAN VIEWS, this historic Bluff Park residence blends architectural heritage with coastal living. First time on the market in over 40 years!! The home is rich in character and history - an extraordinary opportunity for both investors and buyers who value timeless architecture and legacy ownership. This historically significant home was photographed to promote Bluff Park as a historic district, with the image later featured in exhibits at the Long Beach Museum of Art in 1975 - cementing its place in the neighborhood’s heritage. Spanning a generous and versatile floor plan, the home features 7 bedrooms and 4 bathrooms, including two main-level bedrooms and a full bath, ideal for guests, extended family, or flexible living arrangements. Three bathrooms have been recently remodeled, offering modern comfort while maintaining the home’s classic integrity. Step inside to a formal living room rich in original character, highlighted by an antique fireplace, creating a warm and elegant gathering space. The home flows into a formal dining area and an expansive kitchen with ample cabinetry and workspace, ready to be customized or enjoyed as-is. Large windows throughout invite natural light and capture the coastal breeze. The upper levels offer multiple living spaces and private retreats, culminating in a rooftop deck with breathtaking ocean views, where you can take in sunsets and the vibrant Long Beach coastline. The back portion of the home, now an owner-occupied bedroom/bath suite, was permitted conversion from an enclosed patio. The expansive backyard is a rare find, featuring mature landscaping and a collection of fruit trees nurtured over generations—perfect for entertaining, relaxing, or creating your own outdoor oasis. Investment & Lifestyle Appeal: With its sizable layout, prime location, and multi-bedroom configuration, this home presents incredible potential for multigenerational living, luxury restoration, or long-term investment in one of Long Beach’s most sought-after historic neighborhoods. Location Highlights: Enjoy a premier coastal lifestyle just moments from Bluff Park and Bixby Park, and within walking distance to Junipero Beach, Long Beach City Beach, and Alamitos Beach. Close to dining, shopping, and all the charm that Bluff Park has to offer. A rare opportunity to own a truly historic home with scale, story, and soul—homes like this seldom come to market.
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades K-5 • 0.7 mi
Grades K-5 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 7.0 | 3.0 | 98% |
| Baths | 5.0 | 3.0 | 92% |
| Square foot | 4,178 | 2,156 | 92% |
| Lot Size | 9,633 | 2,750 | 98% |
| Price | $3.42M | $1.90M | 89% |
| Price per sq ft | $818 | $927 | 31% |
| Built year | 1922 | 1947 | 8% |
| HOA | $0 | $0 | 50% |
| Days on market | 46 | 146 | 8% |
May 21, 2026
$3,419,000
$3,600,000
-5% Price Drop
Initial Listing
May 1, 2026
$3,600,000
Initial Listing