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Sold on 12/22/2025
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833 E 1st St, Long Beach, CA 90802

$1,850,000

Last sold 12/22/2025 after 420 Days

  • —

    bed

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    bath

Multi-family not for sale
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About 833 E 1st St

Property type Multi-family
Neighborhood
Year built 1922
HOA fee $0/month
Lot size 8,255 Sqft
Parking 6 garage spaces
Rental estimate
Property description
Pleased to present 833 E. 1st Street, a 10*-unit apartment investment opportunity located in the sought-after Long Beach neighborhood of Alamitos Beach. Offered for sale for the first time in decades, the property is ideally located just a short walk from the beach, and mere minutes from both Downtown and Retro Row. It is comprised of (8) 1-bedroom/1-bathroom single story units in the front building, plus a huge 3-bedroom/2-bathroom in the back, above the studio and garages. 833 E. 1st St. offers substantial upside potential by updating the units and bringing rents closer to market levels. *The studio unit is non-conforming.
Listed by
Listing Agent - Damien Breaux
Listing Agent Contact: Db@morganskenderian.com
Listing Office - Morgan Skenderian
Source: CRMLS mls logo
MLS#PW24222778 • last updated 10 months ago
Movoto checked CRMLS for data 3 minutes ago
Overview
Levels/Style Two
Type Residential Income
SubType Apartment
Status Closed
Lot Size (Acres) 0.1895
Lot Size (SqFt) 8255
Property Tax 28039
Year Built 1922
Interior
Laundry Community
Exterior
Building Area Square Feet, 6087
# Parking Spaces 6
# Garage Spaces 6
Lot Description Lot 6500-9999
Amenities / Utilities
Sewer/ Septic Public Sewer
Water Source Public
Pool None
Location
County Los Angeles
Community Features Curbs, Gutters, Sidewalks
Subdivision Downtown (DT), Downtown (DT)
Zoning LBR4R
Directions North Of E. Ocean Blvd. And East Of Alamitos Ave.
APN 7265001032
Multifamily Details
Vacancy Allowance 5626
Expense: Trash 2045
Laundry Income 1200
Operating Expense 54093
Cap Rate 6.4
Expense: Insurance 6696
Total Expenses 54093
Expense: Maintenance 9097
Expense: Water/ Sewer 2045
Gross Income 7200
Gross Operating Income 181933
Expense: Electric 2045
Gross Multiplier 10.64
Gross Scheduled Income 187560
Expense: Fuel 2045
Rental est.: $1,230/month
Gross rent multiplier: 125.3
  • Dec 2025
    mls logo MLS # PW24222778
  • Dec 22, 2025 Sold
    $1,850,000
  • Dec 10, 2025 Pending
    —
  • Dec 1, 2025 Listed
    —
  • Nov 24, 2025 Active
    —
  • Sep 22, 2025 Price Change
    $1,995,000 (-4.8%)
  • May 19, 2025 Price Change
    $2,095,000 (-6.5%)
  • Jan 30, 2025 Price Change
    $2,240,000 (-4.7%)
  • Oct 28, 2024 Listed
    $2,350,000 (+494.9%)
  • Dec 2025
    Public Records
  • Dec 19, 2025 Sold
    $1,850,000 (-7.3%)
  • Dec 2001
    Public Records
  • Dec 24, 2001 Sold
    $395,000
  • Year Property taxes Tax assessment
  • 2025
    $9,336 +5.3%
    $584,552 +2.0%
  • 2024
    $8,866 +1.9%
    $573,112
  • 2023
    $8,701 +6.0%
    $573,112 +4.03%
  • 2022
    $8,205 +2.7%
    $550,900 +2.0%
  • 2021
    $7,993 +0.3%
    $540,120 +1.03%
  • 2020
    $7,971
    $534,593
  • 833 E 1st St
    $1.85M
  • Bixby Park
    $549K -11% y/y
  • 90802
    $459K -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
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.
Based on information from California Regional Multiple Listing Service, Inc. as of 10/27/2026. 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.
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