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Sold on 05/01/2017
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1217 E Second, Long Beach, CA 90802

$2,235,643

Last sold 05/01/2017 for $1.7M

  • —

    bed

  • —

    bath

  • 6,152

    Sqft ($276/Sqft)

Multi-family not for sale

About 1217 E Second

Property type Multi-family
Neighborhood
Year built 1906
HOA fee $0/month
Lot size 8,258 Sqft
Movoto estimate
Parking 1 garage spaces
Rental estimate
Property description
Prime Historic Alamitos Beach Estate Income Property offered for the first time in 75 years (the present owner's family built it). Includes two spacious classic homes on East Second Street (1217 and 1219 East Second), and also includes commercial and residential income property on the Broadway side (1216-1222 East Broadway), that include three stores plus four apartments above. Entire property is separately metered, and the current rents are all very low. -- 1217 East Second Street is a Two Bedroom and Den, Two Bathroom Large Classic Cal Bungalow with a side Driveway to Garage. 1219 East Second Street is a Two Bedroom One Bathroom Classic Cal Bungalow. This large lot then flows through to Broadway, where there are three high visibility commercial storefronts (1216, 1218, and 1222 East Broadway) and four residential apartments above (1220 East Broadway 1-4) that are two One Bedroom Apartments and two Studios. Rents are very low, and all units are separately metered.
Listed by
Listing Agent - Michael Robinson
Listing Office - Broadmoor Realty, Inc.
Source: CRMLS mls logo
MLS#PW16755239 • last updated 9 years ago
Movoto checked CRMLS for data 1 minute ago
Overview
Levels/Style Two
Status Closed
Lot Size (SqFt) 8258
Year Built 1906
Exterior
Building Area Square Feet, 6152
# Parking Spaces 1
# Garage Spaces 1
Lot Description Level With Street, Near Public Transit
Amenities / Utilities
Water Source Public
Pool None
Location
County Los Angeles
Community Features Sidewalks, Street Lighting
Subdivision Alamitos Beach (AB), Alamitos Beach (AB)
Zoning LBR4R
Directions Located East Of Orange Avenue On Second Street; Lot Goes All The Way Though To Broadway
APN 7265011028
Multifamily Details
Gross Income 98244
Gross Scheduled Income 98244
$2.23M
Range: $2.01M-$2.45M
Last 30 days 
Rental est.: $1,254/month
Gross rent multiplier: 113.0
  • May 2017
    mls logo MLS # PW16755239
  • May 1, 2017 Sold
    $1,700,000 (-2.9%)
  • Apr 20, 2017 Pending
    —
  • Jan 25, 2017 Active
    —
  • Dec 30, 2016 Price Change
    $1,750,000 (-10.3%)
  • Dec 19, 2016 Price Change
    $1,950,000 (-13.3%)
  • Nov 30, 2016 Listed
    $2,250,000
  • 1217 E Second
    $1.7M
  • Bixby Park
    $549K -10% y/y
  • 90802
    $458K -8% y/y
  • Long Beach
    $699K 0% 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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CRMLS Multiple Listing Service™ system
The real estate listing data marked with this icon comes from the IDX program of the CRMLS Multiple Listing Service™ system.
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