1500 E 1st Street Unit 3, Long Beach, CA 90802

$1,400,000

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Sold Price
$1,400,000
List Price
$1,650,050
Closing Date
Jan 02, 2026
Status
CLOSED
MLS#
RS25187509
Year Built
1906
Lot Size
5,022
Acres
0.12
Lot Location
2-5 Units/Acre, Corner Lot, Garden, Near Public Transit, Paved
Days on Market
71
Property Type
Multifamily
Property Sub Type
Triplex
Stories
Two Levels
Neighborhood
Alamitos Beach (Ab)

Property Description

Investors pride of ownership. This stylish 3 unit complex is located minutes from the beach and beautiful downtown Long Beach. All units have been remodeled and features a welcoming, private entrance leading to the units. Upper unit is a 2 bedroom, 1 bath with a spacious living room layout with laundry hook-ups and 2 balcony's to enjoy the view on a nice day. The other two units are a charming and cozy 1 bedroom with 1 bath located on the lower level with nice space between them and no common walls for privacy. Perfect for a tenant or smaller family. There is also a 4th vacant unit that was converted from a storage room to a studio apt with a balcony. Not permitted but the structure was there and then remodeled into a studio. Complex comes with a laundry room for lower units to enjoy without having to leave the premises while also providing additional income to the investor. This is a unique investment opportunity for anyone looking to grow their portfolio. Come and take a look at this outstanding opportunity to own in the heart of Long Beach and in one of the areas most desirable locations.

Additional Information

Other Buildings
Shed(s), Storage
Appliances
Water Heater
Pool Description
None
Heat
Floor Furnace, Wall Furnace
Cooling Description
None
View
City Lights
Exterior Construction
Wood Siding
Roof
Shingle
Sewer
Public Sewer
Water
Public
Interior Features
Balcony, French Door(s)/Atrium Door(s)
Attached Structure
Detached
Number Of Units Total
3
Gross Scheduled Income
$92,100
Operating Expense
8709

Listing courtesy of Listing Agent: Maggie Monge (mmags024@gmail.com) from Listing Office: MagiCal Properties, Inc..

Listing sold by Kelly Corsino from Real Broker

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.