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Off market
  • Listing Provided by: 
    $5,198,100

    1221 E 1st St, Long Beach, CA 90802

    --beds
    --baths
    8,120sqft
    Multi Family
    Built in 1923
    -- sqft lot
    $5,198,100 Zestimate®
    $640/sqft
    $-- Estimated rent

    What's special

    Fully stabilized, 16 unit, turnkey apartment building located in the highly desirable Alamitos Beach area. With over $950,000 invested, the property underwent a complete transformation down to the studs including new flooring, windows, interiors, exterior stucco, plumbing, electrical and mechanical systems, and more. All units were fully gutted and remodeled using high-end materials, with renovations led by an interior designer. Upgrades include recessed and custom lighting, brand-new kitchens and bathrooms, stainless steel appliances, and in-unit washers and dryers.

    Zillow last checked: 7 hours ago

    Listing updated: July 14, 2025 at 11:59am

    Source: CRMLS,MLS#: PW25156097MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Heating
    • Wall Furnace
    Cooling
    • None
    Appliances
    • Laundry: Inside
    Features
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total structure area: 8,120
    • Total interior livable area: 8,120 sqft

    Property

    Features
    • Levels: Two
    • Stories: 2
    • Entry location: 1
    • Pool features: None
    • Has view: Yes
    • View description: None
    Lot
    • Size: 9,067 sqft
    • Features: 16-20 Units/Acre
    Details
    • Parcel number: 7265011021
    • Zoning: LBR4R
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Copper Plumbing
    Condition
    • New construction: No
    • Year built: 1923

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Community
    • Community features: Curbs
    Location
    • Region: Long Beach
    • Subdivision: Alamitos Beach (Ab)

    HOA & financial

    Other financial information
    • Total actual rent: 35075

    Other

    Other facts
    • Listing terms: Cash,Cash to New Loan
    Services availability
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    Estimated market value

    $5,198,100