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1st. Street Prime 1209 E 1st St

4 Unit Apartment Building $1,995,000 ($498,750/Unit) Long Beach, CA 90802

Investment Highlights

  • Detached 2 car garage
  • Highly desirable Alamitos Beach neighborhood
  • 1 bedroom units with bonus rooms

Executive Summary

For sale is this beautiful 4-unit building in Alamitos Beach. This property is located one block off of Ocean Blvd. and in close proximity to transportation, shopping, and the white sandy beach. The property is comprised of (4), very large 1-bedroom/1-bath units, which are receiving strong rents, yet still plenty of room for upside. In addition to the spacious units, the property includes a detached 2 car garage with additional parking spaces in the rear of the building.
OUTSTANDING LOCATION ONE BLOCK TO THE BEACH! Make the most of this buying opportunity, TODAY!

Property Facts

Price $1,995,000
Price Per Unit $498,750
Sale Type Investment
Sale Conditions
1031 Exchange
  • Bulk/Portfolio Sale
No. Units 4
Property Type Multifamily
Property Subtype Apartment
Apartment Style Single Family Home
Building Size 3,452 SF
No. Stories 2
Year Built 1912

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 1 $1,695 -
1+1 1 $2,000 -
1+1 1 $2,000 -
1+1 1 $2,095 -
Walk Score ®
Very Walkable (86)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
7265-011-023
Land Assessment
$602,657
Improvements Assessment
$401,766
Total Assessment
$1,004,423

zoning

Zoning Code R4R (Multiple dwelling)
R4R (Multiple dwelling)
  • Listing ID: 33418388

  • Date on Market: 10/4/2024

  • Last Updated:

  • Address: 1209 E 1st St, Long Beach, CA 90802

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