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.
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
Zillow last checked: 7 hours ago
Listing updated: July 14, 2025 at 11:59am
Source: CRMLS,MLS#: PW25156097
Originating 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