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Sold on 02/13/2020

1142 E 1st St, Long Beach, CA 90802

  • $3,980,000

    Last sold 02/13/2020 after 73 Days

  • 5

    bed

  • 4

    bath

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About 1142 E 1st St

Property type House
Neighborhood
Year built 1913
HOA fee $0/month
Lot size 8,222 Sqft
Property description
We are proud to present 1142 E. 1st. This sensational, fully rehabbed, turnkey, 14 unit, value add, apartment building is located just one block from Ocean Blvd, right in the heart of Alamitos Beach. With beautiful curb appeal, historically low vacancy rates, and a 4.81% Cap with room to move, this building is arguably the best investor opportunity in this location! The building is comprised of 14 highly desirable units (2, two beds/1 baths & 12, one beds/1 baths). All 14 units have been extensively upgra
Listed by
Listing Agent - Cameron Jacques
Listing Office - Kinnery's Brokerage House
Source: San Diego MLS mls logo
MLS#PW19275303 • last updated 6 years ago
Movoto checked San Diego MLS for data 7 minutes ago
Overview
Levels/Style 2 Story
Status SOLD
SubType Res Income 2-4 Units
MLS # PW19275303
Lot Size (SqFt) 8222
Year Built 1913
Exterior
Roof Composition
Lot Desc 7, 500-10, 889 SF
Amenities / Utilities
Water Source Meter On Property
Pool Desc N/K
Location
Neighborhood Alamitos Beach (AB)
County Los Angeles
APN 7265009030
Zoning LBR4R
Directions Cross Streets Ocean & Atlantic Ave
Multifamily Details
Unit 2: # Bedrooms 1
Unit 3: # Bedrooms 1
Unit 1: # Total Baths 1
Unit 2: # Total Baths 1
Unit 3: # Total Baths 1
Unit 4: # Total Baths 1
Unit 4: # Bedrooms 1
Unit 1: # Bedrooms 2
Unit 2: Actual Rent 1900
Unit 3: Actual Rent 1782
Unit 4: Actual Rent 1733
Total # of Units 14
Gross Rent Multiplier (Actual) 13
Gross Scheduled Income 305460
Lot/ Land Details
Topography Level
  • Feb 2020
    mls logo MLS # PW19275303
  • Feb 13, 2020 Sold
    $3,980,000
  • Feb 13, 2020 Sold
    $3,980,000 (-7.3%)
  • Jan 6, 2020 Active
    —
  • Jan 6, 2020 Contingent
    —
  • Dec 2, 2019 Listed
    $4,295,000
  • Dec 2, 2019 Listed
    $4,295,000
  • Sep 2019
    mls logo MLS # PW18271182
  • Sep 18, 2019 Price Change
    $4,299,000 (-2.3%)
  • Sep 4, 2019 Price Change
    $4,399,000 (-2.0%)
  • Aug 10, 2019 Price Change
    $4,489,000 (-0.2%)
  • Jul 17, 2019 Price Change
    $4,499,000 (-0.4%)
  • Jun 18, 2019 Listed
    $4,519,000 (+5.1%)
  • Mar 21, 2019 Price Change
    $4,525,000 (-1.6%)
  • Mar 7, 2019 Price Change
    $4,599,000 (-1.1%)
  • Feb 18, 2019 Price Change
    $4,649,000 (-1.1%)
  • Dec 29, 2018 Price Change
    $4,699,000 (-4.1%)
  • Nov 19, 2018 Price Change
    $4,900,000 (+14.0%)
  • Nov 10, 2018 Listed
    $4,299,000 (-2.3%)
  • Nov 10, 2018 Listed
    $4,400,000 (+39.7%)
  • Jun 2019
    MLS # 15665204
  • Jun 18, 2019 Listed
    $4,299,000
  • Jun 2019
    MLS # 15663190
  • Jun 18, 2019 Listed
    $4,299,000 (-5.0%)
  • Jan 2018
    mls logo MLS # PW18001423
  • Jan 5, 2018 Sold
    $3,150,000
  • Jan 4, 2018 Sold
    $3,150,000 (-1.6%)
  • Jan 3, 2018 Pending
    —
  • Oct 4, 2017 Listed
    $3,200,000
  • Oct 4, 2017 Listed
    $3,200,000
  • 1142 E 1st St
    $3.98M
  • Bixby Park
    $599K 0% y/y
  • 90802
    $484K -3% y/y
  • Long Beach
    $700K -2% y/y
No chart available
Statistics calculated by Movoto

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5/10
Stevenson Elementary School
public Grades K-5
Long Beach Unified School District
4/10
Franklin Classical Middle School
public Grades 6-8
Long Beach Unified School District
6/10
Polytechnic High School
public Grades 9-12
Long Beach Unified School District
Source: GreatSchools.org © 2026. All rights reserved.

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