1605 E 1st ST
Long Beach, CA, 90802
$2,500,000
12 Beds
8 Baths
4,971 SqFt
0.19 Acres
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This coastal investment property is located within a historic district, minutes to the beach with small shops, coffee houses, restaurants, proximate to Marine Stadium, Alamitos Bay, and Naples Island. Convenient to public transportation and freeway access, with proximity to Cal State Long Beach. An incredible unit mix, consisting of a classic 3-bedroom/2-bath house, plus four newer condominium-style units, composed of three 3-bedroom/2-bath units and one 2-bedroom/2-bath unit. All units are separately metered and have upgraded appliances, including washers and driers. The property is well maintained and nicely landscaped, with a solar-camera security system. There are five tandem garages, offering two parking spaces per unit, a big plus in an area where parking is at a premium. PRICE REDUCED with a 6% CAP RATE!

Property Details

Price:
$2,500,000
MLS #:
25588185
Status:
Active
Beds:
12
Baths:
8
Type:
Single Family
Neighborhood:
4downtownareaalamitosbeach
Listed Date:
Nov 14, 2025
Finished Sq Ft:
4,971
Total Sq Ft:
4,971
Lot Size:
8,273 sqft / 0.19 acres (approx)
Year Built:
1988
4 – Downtown Area, Alamitos Beach4downtownareaalamitosbeach

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Schools

Interior

Appliances
DW, MW, RF
Cooling
NO
Heating
FIR
Laundry Features
IR, DINC, WINC

Exterior

Parking Spots
10

Financial

Gross Operating Income
$196,060
Net Operating Income
$151,964

Map

Community

Market Summary

Current real estate data for Single Family in Long Beach as of Dec 23, 2025
242
Single Family Listed
40
Avg DOM
494
Avg $ / SqFt
$984,246
Avg List Price

Property Summary

    1605 E 1st ST Long Beach CA is a Single Family for sale in Long Beach, CA, 90802. It is listed for $2,500,000 and features 12 beds, 8 baths, and has approximately 4,971 square feet of living space, and was originally constructed in 1988. The current price per square foot is $503. The average price per square foot for Single Family listings in Long Beach is $494. The average listing price for Single Family in Long Beach is $984,246.

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1605 E 1st ST
Long Beach, CA