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1251 E 1st St
Long Beach, CA 90802

Multifamily Property For Sale · 7 Units

PROPERTY FACTS

No. Units 7
Property Type Multifamily
Property Subtype Apartment
Apartment Style Garden
Building Class C
Lot Size 0.19 AC
Building Size 6,162 SF
Average Occupancy 100%
No. Stories 2
Year Built 1921
Parking Ratio 0.97/1,000 SF

Unit Amenities

  • Microwave
  • Washer/Dryer
  • Ceiling Fans
  • Tile Floors
  • Granite Countertops
  • Hardwood Floors
  • Stainless Steel Appliances

Site Amenities

  • Courtyard

About 1251 E 1st St , Long Beach, CA 90802

The East First Street Apartments is a 7-unit garden style building comprised of studios, one-bedroom and two-bedroom units. The property offers new ownership an opportunity to acquire a turn-key asset with all new tenants, plumbing and electric. All units have been renovated and feature stainless steel appliances, beautiful new cabinetry, elegant French doors, and washer/dryer. Seller has also replaced the windows throughout the building. The building is located in prime Alamitos Beach, adjacent to the fast developing East Village Arts District, Bluff Park, and in close proximity to a multitude of amenities along East Broadway and Long Beach Boulevard, two of Long Beach's busiest main streets.

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
Studios 1 $1,450 487
1+1 4 $2,010 875 - 975
1+1 1 $2,150 975
2+1 1 $2,450 975

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
7265-011-040
Land Assessment
$2,231,037
Improvements Assessment
$752,973
Total Assessment
$2,984,010

zoning

Zoning Code R4R, Long Beach
R4R, Long Beach
  • Listing ID: 11495267

  • Date on Market: 2/5/2018

  • Last Updated:

  • Address: 1251 E 1st St, Long Beach, CA 90802

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