This property is an 18-unit, fully stabilized, and turnkey apartment complex located in the sought-after Alamitos Beach area. The property has seen an investment of over $1,165,000 and has undergone a complete renovation, down to the studs. The entire building was rebuilt, including new floors, windows, interiors, exterior stucco, plumbing, electrical and mechanical systems, and more. Each unit was completely remodeled with high-end finishes. The renovations led by an interior designer, include features such as recessed and custom lighting, brand-new kitchens and bathrooms, stainless steel appliances, and in-unit washers and dryers.
Off market
Listing Provided by:
$5,806,800
1237 E 1st St, Long Beach, CA 90802
--beds
--baths
8,319sqft
Multi Family
Built in 1923
-- sqft lot
$5,806,800 Zestimate®
$698/sqft
$-- Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: July 14, 2025 at 11:59am
Source: CRMLS,MLS#: PW25156099
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: 8,319
- Total interior livable area: 8,319 sqft
Property
Features
- Levels: Two
- Stories: 2
- Entry location: 1
- Pool features: None
Lot
- Size: 8,242 sqft
- Features: 16-20 Units/Acre
Details
- Parcel number: 7265011019
- Zoning: LBR4R
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- New construction: No
- Year built: 1923
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Community
- Community features: Curbs, Sidewalks
Location
- Region: Long Beach
- Subdivision: Alamitos Beach (Ab)
HOA & financial
Other financial information
- Total actual rent: 36945
Other
Other facts
- Listing terms: Cash,Cash to New Loan
Services availability
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$5,806,800
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$5,806,800