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Listed by: Jonathan Swire (310) 948-2631 DRE #01336277 | The Agency (424) 230-3700
$6,900,000
Monthly Est:$34,344
8 Beds
30 Baths
19,800sqft
1152 E 1st Street, Long Beach, CA 90802
$6,900,000
$34,344/moEst:
Get Pre-Approved
Multi Family
Built in 1929
$-- HOA
8,234 sqft lot
$348/sq.ft
Description
PRICED TO SELL - 9.1 GRM and 7.6% CAP at market rents. 30 units in Alamitos Beach in Long Beach subject to AB 1482 rent control - maximum annual increase of 5% + CPI (currently 8.7% total). Located blocks from the ocean with 16 onsite underground parking spaces (all are single spaces). 25 units were updated in the past 5 years and taken down to the studs - all new kitchen cabinets, counter tops, updated bathrooms, flooring and windows. 6 units have W/D's in them. The common areas and exterior were also redone. The Seller has spent over $2MM in CAP EX. The property features 30 legal units and 1 non-conforming 1 bed unit (401). The non-conforming unit can likely be legalize...
Continue Reading- Houzeo last checked: 3 minutes ago
- Listing updated: September 14, 2026 at 7:03 pm
- Source: California Regional MLS-CA | MLS#: 26860795
Part of
Property Details
Status
Active
Type
Multi Family
No. of Stories
3
County
City
Neighborhood
Year Built
1929
HOA Fees
-
Finished Area
19,800 sqft
Lot Size
8,234 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
26860795
MLS Status
Active
Days on Market
62
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Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 8
Bathrooms: 30
Interior
Heating
Wall Furnace
Utilities & Energy
Parking Features
Assigned
Price History
| Date | Event | Price |
|---|---|---|
07/16/2026 Source: | Price Decreased | $6,900,000 -1.41% $348/sqft |
07/16/2026 Source: | Listed for Sale | $6,999,000 $353/sqft |
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Based on information from California Regional Multiple Listing Service, Inc. as of Sep 20, 2026, 09:00PM 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. Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. © 2026 California Regional Multiple Listing Service. All Rights Reserved.
Advertising Broker: William Johnson DRE #01463271 | William Johnson Brokerage
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