3366 E 1st, Long Beach, California 90803, Long Beach, 90803 - 0 bed, 0 bath
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Long Beach, California 90803
This Bluff Park Historic District Triplex represents a High-Potential Investment Opportunity, listed at $1,795,000—positioned above the $1,723,463 Fair Market Value. While priced at a premium, the property offers significant stability in a high-demand coastal market. Featuring updated kitchens, luxury vinyl flooring, and partial ocean views, the asset maintains a Fair Condition Rating with room for long-term value-add. Located near top-rated schools like Lowell Elementary, this is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to offset housing costs through rental income.
Historic Bluff Park triplex in Long Beach. Coastal income property with ocean views, updated units, and prime location near top-rated schools. Ideal investment.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3366 E 1st Subject | $1,695,000* List Price | 0 | 0 | 2,871 | $595 | - |
A 150 Saint Joseph Sold | $1,850,000 | 0 | 0 | 2,966 | $624 | 0.8 mi |
B 118 Roycroft Avenue Sold | $1,610,000 | 5 | 3 | 2,722 | $591 | 0.7 mi |
C 118 Roycroft Avenue Sold | $1,610,000 | 0 | 0 | 2,722 | $591 | 0.7 mi |
D 280 Park Sold | $1,580,000 | 0 | 0 | 3,552 | $445 | 1.0 mi |
E 223 Bennett Sold | $1,660,000 | 5 | 2 | 3,240 | $512 | 0.6 mi |
F 140 Saint Joseph Sold | $1,625,000 | 0 | 0 | 2,424 | $670 | 0.8 mi |
G 268 Bennett Sold | $1,410,000 | 0 | 0 | 1,944 | $725 | 0.7 mi |
H 3 Euclid Avenue Active | $1,650,000 List Price | 0 | 0 | 2,732 | $604 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
While the listing mentions updated kitchens and flooring, the 1922 structure retains dated systems such as wall heaters and a utility/laundry room in poor condition with exposed pipes and unfinished surfaces. The property falls into the 'Fair' category as it is over 20 years old with renovations that appear cosmetic rather than a full systemic overhaul.
Elementary School: Lowell Elementary School (9/10).
Situated in the prestigious Bluff Park Historic District just one block from the beach, the property offers exceptional lifestyle appeal and high rental demand due to its proximity to Belmont Shore and the coastline.
This well-maintained triplex features three distinct units with updated kitchens and separate meters, providing a versatile opportunity for investors or owner-users looking to offset their mortgage.
As part of a historic district, any future exterior renovations or expansions may be subject to strict city guidelines and approval processes, which can limit flexibility and increase costs.
Despite cosmetic updates, the 1922 construction date suggests potential long-term maintenance needs for aging core systems typical of century-old coastal properties.
Exceptional Bluff Park Historic District Triplex situated on a prominent corner lot at E. 1st Street and Redondo Avenue, just one block from the beach and neighborhood amenities. This unique property features three well-maintained units across two separate buildings, offering an attractive blend of historic character, functionality, and long-term investment potential. The front residence at 3366 E. 1st Street is a spacious 2-bedroom, 1-bath unit featuring updated luxury vinyl flooring, abundant natural light, charming built-in cabinetry, a dedicated office/flex space, private balcony, and partial ocean views from the living and dining areas. The second unit, 29 Redondo Avenue, offers 2 bedrooms and 1 bath with original hardwood flooring, an updated kitchen with modern cabinetry, and classic architectural details that reflect the property’s timeless character. Completing the property is 27 Redondo Avenue, a detached 1-bedroom, 1-bath unit situated above the garages, featuring hardwood flooring in the living area, newer windows, an updated kitchen with modern cabinetry, and excellent privacy. The property includes three individual garage spaces, separate gas and electric meters, shared laundry facilities, mature landscaping, and attractive curb appeal. All three units feature updated kitchens and cabinetry throughout, providing modern convenience while preserving the charm and character that make this coastal Long Beach property so desirable. Ideally located within the Bluff Park Historic District, residents enjoy close proximity to the beach, Bluff Park, Belmont Shore, Retro Row, dining, shopping, entertainment, and the vibrant Long Beach coastline. Whether for an investor seeking a well-located income property or an owner-user looking to offset housing costs with rental income, this rare Bluff Park offering presents a compelling opportunity.
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades K-5 • 0.8 mi
Grades K-5 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 4.0 |
| Baths | 0.0 | 3.0 |
| Square foot | 2,871 | 2,100 |
| Lot Size | 4,508 | 5,077.5 |
| Price | $1.70M | $1.14M |
| Price per sq ft | $590 | $519 |
| Built year | 1922 | 1950 |
| HOA | $0 | $0 |
| Days on market | 41 | 68 |
Jul 15, 2026
$1,695,000
$1,795,000
-6% Price Drop
Initial Listing
Jun 11, 2026
$1,795,000
Initial Listing
Jul 18, 1997
$319,000
Public Record