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.
Property Details
Price:
$6,850,000
MLS #:
PW24227280
Status:
Active
Baths:
0
Address:
1237 E 1st Street
Type:
Residential Income
Subtype:
Apartment
Subdivision:
Alamitos Beach AB
Neighborhood:
4downtownareaalamitosbeach
City:
Long Beach
Listed Date:
Nov 6, 2024
State:
CA
ZIP:
90802
Lot Size:
8,242 sqft / 0.19 acres (approx)
Year Built:
2023
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Schools
Interior
Cooling
None
Heating
Wall Furnace
Exterior
Community Features
Curbs, Sidewalks
Garage Spaces
0.00
Lot Features
16-20 Units/ Acre
Parking Spots
0.00
Pool Features
None
Sewer
Public Sewer
Stories Total
2
Water Source
Public
Financial
Association Fee
0.00
Map
Community
- Address1237 E 1st Street Long Beach CA
- Area4 – Downtown Area, Alamitos Beach
- SubdivisionAlamitos Beach (AB)
- CityLong Beach
- CountyLos Angeles
- Zip Code90802
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Courtesy of Sage Real Estate. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. California Regional Multiple Listing Service. All rights reserved.
1237 E 1st Street
Long Beach, CA
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