1142 E 1st St
Long Beach, CA 90802
Alamitos Beach- 14 Beds
- 14 Baths
- 8,965 sqft
14 Beds
14 Baths
8,965 sqft
Local Information
-- mins to
Description
PRICED TO SELL - 9.3 GRM and 7.0% CAP at market rents. 14 units in prime Alamitos Beach in Long Beach subject to AB 1482 rent control - maximum annual increase of 5% + CPI (currently 8.7% total). Located blocks from the ocean, all units have been tastefully remodeled and 12 of the 14 units feature in unit W/D's. The front building was constructed in 1913 and the rear structure in 1956. All units were updated in 2020 including new kitchen cabinets, counter tops, updated bathrooms and flooring. Many units have private outdoor patios/spaces. The building was also recently painted green. The property features 5 garages, 1 carport and 2 open parking spaces. The 5 garages in the rear could potentially be converted into 2 new ADU's - Buyer to verify. Currently no tenants pay for parking, it is included as part of their lease. The front building (8 units) is master metered and the rear building (6 units) is separately metered for utilities. The property has an 87 Walkscore as well. Based on area rental comps, there is approximately 11% rental upside, allowing an owner to achieve a 9.35 GRM and 7.0% CAP once rents are leveled to market. Anduril Industries, a cutting-edge defense technology company specializing in AI applications announced that it is commencing a $1 billion redevelopment of land adjacent to the LB Airport. The project is planned to be completed in mid-2027 and is expected to create 5,500 new direct jobs at the site plus thousands of indirect construction and supply-chain service jobs. The Long Beach Airport is also undergoing a $37MM remodel in preparation for the 2028 Olympic Games.
Home Highlights
Parking
8 Parking Spaces
Outdoor
No Info
A/C
Heating only
HOA
None
Price/Sqft
$388
Listed
4 days ago
Home Details for 1142 E 1st St
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Beds & Baths Number of Bedrooms: 14Number of Bathrooms: 14 |
Dimensions and Layout Living Area: 8965 Square Feet |
Heating & Cooling Heating: WallNo CoolingAir Conditioning: NoneHas HeatingHeating Fuel: Wall |
Levels, Entrance, & Accessibility Stories: 2Levels: Two |
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Exterior Home Features Other Structures: None |
Parking & Garage No CarportNo GarageNo Attached GarageParking Spaces: 8Parking: Assigned |
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Days on Market: 4 |
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Year Built Year Built: 1913 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Multi Family |
Property Information Parcel Number: 7265009030 |
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Price List Price: $3,475,000Price Per Sqft: $388 |
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MLS Status: Active |
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Direction & Address City: Long Beach |
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Listing Agent Listing ID: 26853641 |
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Building Area Building Area: 8965 Square Feet |
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Lot Area: 8224.128 sqft |
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Special Conditions: Standard |
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Mls Number: 26853641 |
Last check for updates: 1 day ago
Listing courtesy of Jonathan Swire DRE # 01336277, (310) 948-2631
The Agency, (424) 230-3700
Source: CLAW, MLS#26853641

Also Listed on CRMLS.
Market trends in Long Beach
Last updated May 2026
Avg. sale price
$828K
$11.67KMoM
Sale-to-List Price
100.0%
Price per sq ft
$654
$16MoM
Available listings
846
79MoM
Price History for 1142 E 1st St
| Date | Price | Event | Source |
|---|---|---|---|
| 07/07/2026 | $3,475,000 | Listed For Sale | CLAW #26853641 |
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Comparable Sales for 1142 E 1st St
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.04 | Multi-Family Home | $3,325,000 | 05/12/26 | 11 | 13 | 7,906 | |
0.20 | Multi-Family Home | $2,480,000 | 08/13/25 | 12 | 10 | 7,045 | |
0.23 | Multi-Family Home | $1,850,000 | 12/22/25 | 11 | 11 | 6,087 | |
0.05 | Multi-Family Home | $2,550,000 | 12/02/25 | 9 | 8 | 3,816 | |
0.25 | Multi-Family Home | $1,950,000 | 07/28/25 | 9 | 8 | 6,096 | |
0.43 | Multi-Family Home | $2,200,000 | 09/29/25 | 16 | 9 | 7,122 | |
0.31 | Multi-Family Home | $2,150,000 | 05/19/26 | 12 | 8 | 4,971 | |
0.70 | Multi-Family Home | $2,450,000 | 05/18/26 | 14 | 16 | 10,464 | |
0.28 | Multi-Family Home | $1,750,000 | 12/22/25 | 3 | 12 | 6,715 | |
0.65 | Multi-Family Home | $2,600,000 | 10/31/25 | 19 | 12 | 10,113 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 1142 E 1st St.
What Locals Say about Alamitos Beach
At least 384 Trulia users voted on each feature.
97 % Say it's dog friendly
96 % Say there are sidewalks
95 % Say it's walkable to restaurants
78 % Say it's walkable to grocery stores
65 % Say people would walk alone at night
65 % Say streets are well-lit
62 % Say neighbors are friendly
61 % Say there's holiday spirit
61 % Say car is needed
49 % Say they plan to stay for at least 5 years
38 % Say there's wildlife
38 % Say yards are well-kept
33 % Say kids play outside
30 % Say there are community events
30 % Say it's quiet
10 % Say parking is easy
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Jonathan Swire, The Agency, (424) 230-3700
Agent Phone: (310) 948-2631

© 2026 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW as of 2026-07-10 14:20:24 PDT. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
Some IDX listings have been excluded from this website.
Some IDX listings have been excluded from this website.
1142 E 1st St, Long Beach, CA 90802 is a 14 bedroom, 14 bathroom, 8,965 sqft multi-family built in 1913. 1142 E 1st St is located in Alamitos Beach, Long Beach. This property is currently available for sale and was listed by CLAW on Jul 7, 2026. The MLS # for this home is MLS# 26853641.

