$6,999,000
- 8 Beds
- 30 Baths
- 19,800 sqft
1152 E 1st St, Long Beach, CA 90802
Est. Mortgage $42,791/mo*
Get Pre-QualifiedHome Highlights
Multi-Family
Built in 1929
$353/sqft
Garage
Local Information
-- mins to
About this House
PRICED TO SELL - 9.3 GRM and 7.4% CAP at market rents. 30 units in 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 with 16 onsite underground parking spaces (all are single spaces). 25 units were updated in the past 5 years and taken down to the studs - all new kitchen cabinets, counter tops, updated bathrooms, flooring and windows. 6 units have W/D's in them. The common areas and exterior were also redone. The Seller has spent over $2MM in CAP EX. The property features 30 legal units and 1 non-conforming 1 bed unit (401). The non-conforming unit can likely be legalized under the Long Beach Amnesty Program - Buyer to verify. The property has an 87 Walkscore. It has a 200 AMP main panel and 50 AMP subpanels - Buyer to verify. There is onsite laundry in the basement and 6 units have W/D in them as well. Based on area rental comps, there is approximately 14% rental upside, allowing an owner to achieve a 9.35 GRM and 7.4% CAP once rents are leveled to market. Excellent lender financing is available for qualified Buyers- 5.4% 5-year fixed debt. Earn over an 7.5% Cash on Cash Return against in place rents with upside to a 11%+ return at 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.
Last check for updates: about 8 hours ago
Listing courtesy of Jonathan Swire DRE # 01336277, (310) 948-2631
The Agency, (424) 230-3700
Source: CLAW, MLS#26860795

Also Listed on CRMLS.
Home Details for 1152 E 1st St
|
|---|
Beds & Baths Number of Bedrooms: 8Number of Bathrooms: 30 |
Dimensions and Layout Living Area: 19800 Square Feet |
Heating & Cooling Heating: WallHas CoolingAir Conditioning: Wall Unit(s)Has HeatingHeating Fuel: Wall |
Levels, Entrance, & Accessibility Stories: 3Levels: Three Or More |
|
|---|
Exterior Home Features Other Structures: None |
Parking & Garage Number of Garage Spaces: 16Number of Covered Spaces: 16No CarportNo GarageNo Attached GarageParking Spaces: 16Parking: Assigned |
|
|---|
Days on Market: 46 |
|
|---|
Year Built Year Built: 1929 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Multi Family |
Property Information Parcel Number: 7265009031 |
|
|---|
Price List Price: $6,999,000Price Per Sqft: $353 |
|
|---|
MLS Status: Active |
|
|---|
Direction & Address City: Long Beach |
|
|---|
Listing Agent Listing ID: 26860795 |
|
|---|
Building Area Building Area: 19800 Square Feet |
|
|---|
Lot Area: 8232.84 sqft |
|
|---|
Special Conditions: Standard |
|
|---|
Mls Number: 26860795 |
Around this home
What Locals Say about Alamitos Beach
At least 385 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
66 % 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.
Market trends in Long Beach
Last updated July 2026
Avg. sale price
$818K
$12.5KMoM
Sale-to-List Price
100.0%
Price per sq ft
$646
$17MoM
Available listings
797
3MoM
Home Value
Trulia Estimate
$6.35MSince last month
Decreased$240K (-3.6%)Since last year
Decreased$240K (-3.6%)Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.
Trulia Estimate
The of this home's value decreased by -4% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $6.36M |
| August 2026 | $6.35M |
| July 2026 | $6.6M |
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.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 | |
0.05 | Multi-Family Home | $2,550,000 | 12/02/25 | 9 | 8 | 3,816 | |
0.24 | Multi-Family Home | $1,850,000 | 12/22/25 | 11 | 11 | 6,087 | |
0.58 | Multi-Family Home | $4,700,000 | 12/05/25 | 24 | 28 | 14,376 | |
0.27 | Multi-Family Home | $2,100,000 | 11/11/25 | 7 | 7 | 5,014 | |
0.32 | Multi-Family Home | $1,675,000 | 07/31/26 | 8 | 6 | 5,869 | |
0.28 | Multi-Family Home | $1,750,000 | 12/22/25 | 3 | 12 | 6,715 | |
0.30 | Multi-Family Home | $2,150,000 | 05/19/26 | 12 | 8 | 4,971 | |
0.43 | Multi-Family Home | $1,560,000 | 07/14/26 | 11 | 10 | 5,864 | |
1.02 | Multi-Family Home | $4,695,000 | 08/13/26 | 7 | 25 | 14,055 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.04 | $3,325,000 | 11 | 13 | 7,906 | Recently Sold | |
0.01 | $3,475,000 | 14 | 14 | 8,965 | For Sale | |
0.07 | $271,000 | Studio | 1 | 380 | Recently Sold | |
0.03 | $575,700 | 2 | 2 | 1,181 | Off Market | |
0.05 | $2,550,000 | 9 | 8 | 3,816 | Recently Sold | |
0.06 | $568,800 | 2 | 1.5 | 879 | Off Market | |
0.06 | $384,400 | 1 | 1 | 586 | Off Market | |
0.06 | $350,900 | 1 | 1 | 600 | Off Market | |
0.06 | $359,900 | 1 | 1 | 599 | For Sale | |
0.08 | $1,371,200 | 4 | 4 | 3,344 | Off Market | |
0.09 | $1,172,900 | 3 | 1 | 1,051 | Off Market |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Jul 20, 2026 Source: CLAW #26860795 | Listed For Sale | $6,999,000 |
Mar 24, 2021 Source: N/A | ListingRemoved | |
Jan 14, 2020 Source: N/A | ListingRemoved | $1,525 |
Jan 10, 2020 Source: N/A | Listed For Rent | $1,525 |
Nov 27, 2019 Source: N/A | ListingRemoved | $1,525 |
Nov 26, 2019 Source: N/A | PriceChange | $1,525 Price decreased by 2% |
Oct 17, 2019 Source: N/A | PriceChange | $1,550 Price increased by 3% |
Oct 8, 2019 Source: N/A | PriceChange | $1,500 Price decreased by 5% |
Sep 30, 2019 Source: N/A | PriceChange | $1,575 Price increased by 22% |
Aug 27, 2019 Source: N/A | Listed For Rent | $1,295 |
Jul 2, 2019 Source: N/A | ListingRemoved | $1,295 |
Jun 19, 2019 Source: N/A | Listed For Rent | $1,295 |
Apr 28, 2019 Source: Agent Provided | ListingRemoved | $1,425 |
Apr 3, 2019 Source: Agent Provided | Listed For Rent | $1,595 |
Feb 10, 2018 Source: Agent Provided | ListingRemoved | $1,350 |
Nov 22, 2017 Source: Agent Provided | PriceChange | $1,350 Price increased by 2% |
Nov 8, 2017 Source: Agent Provided | Listed For Rent | $1,325 |
Feb 16, 2017 Source: Agent Provided | ListingRemoved | $1,325 |
Feb 5, 2017 Source: Agent Provided | Listed For Rent | $1,325 |
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 2026-09-04 15:20:02 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.
Similar Homes You May Like
New Listings near 1152 E 1st St
Frequently asked questions about 1152 E 1st St
- What is the estimated monthly payment for 1152 E 1st St?Based on a $6,999,000 list price with 20% down at today's rates, the estimated monthly payment for 1152 E 1st St in Long Beach, CA is approximately $43,590 (about $36,633 principal & interest, $6,882 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
- How does the list price for 1152 E 1st St compare to homes in Long Beach?1152 E 1st St in Long Beach, CA is listed at $6,999,000, about 756% above the $818K median sale price in Long Beach.
- What do residents say about the Alamitos Beach neighborhood?Residents describe the Alamitos Beach neighborhood in Long Beach, CA as dog-friendly, pedestrian-friendly, and walkable to restaurants. See homes for sale in Alamitos Beach, Long Beach.
- What are the closest schools to 1152 E 1st St?The closest schools to 1152 E 1st St in Long Beach, CA are Franklin Classical Middle School (rated 4/10), Polytechnic High School (rated 7/10), Stevenson Elementary School (rated 5/10).
- Does 1152 E 1st St have air conditioning?Yes, 1152 E 1st St in Long Beach, CA has air conditioning.
1152 E 1st St, Long Beach, CA 90802 is a 8 bedroom, 30 bathroom, 19,800 sqft multi-family built in 1929. 1152 E 1st St is located in Alamitos Beach, Long Beach. This property is currently available for sale and was listed by CLAW on Jul 20, 2026. The MLS # for this home is MLS# 26860795.

