1142 E 1st Street
Long Beach, CA 90802
14
Bed
0
Bath
8,965Sqft
8,224Sqft(Lot)
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 in
Property Details
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Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 14Bathroom Information
Total Baths: 14 -
Heating & Cooling
Has Heating: Yes Heating: Wall Furnace Cooling: None
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Building Information
Year Built: 1913Building Area Total: 8965Stories: 2Private Pool: No
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Lot Information
Main Square Feet: 8224 Lot Size Acres: 0.1888 Lot Size Square Feet: 8,224
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Listing Price Information
Listing Price: $3475000
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Tax Information
Parcel Number: 7265009030
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Virtual Tour
Parking Information
Parking Total: 8 Assigned
-
Location Information
Direction: 14 Units in Prime Alamitos Beach.
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 1738 E 4th, Long Beach, CA, 90802 | $299,998 | -- | 1 | 397 | 15,144 Sqft |
| 1738 E 4th Street #15, Long Beach, CA, 90802 | $279,000 | -- | 1 | 398 | -- |
| 1427 E 4th, Long Beach, CA, 90802 | $1,999,000 | 2 | 6 | -- | 2,951 Sqft |
| 530 Almond Avenue, Long Beach, CA, 90802 | $1,250,000 | 3 | 2 | 1,962 | 7,332 Sqft |
| 216 Esperanza, Long Beach, CA, 90802 | $1,394,900 | 4 | 4 | -- | 3,296 Sqft |
| 1310 E Ocean #405, Long Beach, CA, 90802 | $819,000 | 1 | 1 | 990 | 428,970.98 Sqft |
| 1152 E 1st Street, Long Beach, CA, 90802 | $6,999,000 | 8 | 30 | 19,800 | 8,234 Sqft |
| 1042 1048 E Broadway, Long Beach, CA, 90802 | $1,635,000 | 3 | 2 | -- | 0.09 Acre |
| 947 E Broadway #2, Long Beach, CA, 90802 | $290,000 | 1 | 1 | 582 | 7,203 Sqft |
| 955 E 2nd, Long Beach, CA, 90802 | $899,900 | 2 | 1 | 1,304 | 3,601 Sqft |
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ByOwner last updated this listing 09/07/2026 @ 19:43
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