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1317 E 1st

Long Beach, CA 90802
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Bed 4

Bed

Bath 4

Bath

SqFt8,263

Sqft(Lot)

1317 E. 1st Street presents a rare opportunity to acquire a fully renovated triplex in the heart of Alamitos Beach with a unique combination of residential quality, strong in-place income, exceptional parking and owner-occupancy potential. The property has undergone an extensive renovation program totaling ~$375,000, including the complete rebuild of all three residential units. The improvements have created modern, highly competitive residences while substantially reducing the deferred maintenance and near-term capital expenditure. Situated on an 8,263-square-foot lot, the property consists of three separate residences totaling 2,367 square feet: (1) spacious 1,300-square-foot 3BD/2BA main residence; (1) 650-square-foot 1BD/1BA unit; and (1) 417-square-foot studio. A significant competiti ve advantage is the property's eight off-street parking spaces, including five alley-access garages and three driveway spaces—an exceptional amenity in highly parking-impacted Alamitos Beach. In addition to enhancing tenant appeal and marketability, the five garages provide a meaningful ancillary income stream with additional upside potential. The combination of extensive parking and garage income differentiates the property from competing coastal rental properties while providing an additional source of revenue beyond residential rents. The property's full-sized 3BD/2BA main residence creates a compelling opportunity for an owner-occupant seeking the lifestyle and privacy of a traditional home while benefiting from supplemental rental income. Thoughtfully remodeled with owner occupancy in mind, the front residence offers 1,300 square feet of living space, generous common areas, and ample parking. A separate basement provides valuable additional storage. Meanwhile, the two additional residences and five private garages provide multiple income streams that can help offset mortgage and operating costs. This combination of residential comfort, privacy, parking and income potential is particularly difficult to replicate in a prime coastal neighborhood. Located in the heart of Alamitos Beach, the property benefits from immediate access to the beach and bike paths, Downtown Long Beach, and an extensive collection of neighborhood dining, retail and entertainment amenities. With a 94 Walk Score, the neighborhood offers the highly walkable, beach-oriented lifestyle that continues to drive renter demand and premium rents.

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Detail Ic Property Details

Property Type : ResidentialIncome

Price : $2,100,000

AD Id : 90087451

MLS Id : PW26186315

Beds : 4

Lot Size : 8,263 Sqft

Year Built : 1902

Garage : 5

County : Los Angeles

Subdivision: Inner City 7th

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Feature Features

  • Heating & Cooling

    Has Heating: Yes Heating: Central

  • Building Information

    Year Built: 1902
    Building Area Total: 2367
    Pool Features: None
    Private Pool: No

  • Lot Information

    Main Square Feet: 8263 Lot Size Acres: 0.1897 Lot Size Source: Assessor Lot Size Square Feet: 8,263 Lot Description: TwoToFiveUnitsAcre

    Property Information

    Subdivision: Alamitos Beach (AB) Source Property Type: ResidentialIncome Property SubType: Triplex Property Age: 124

  • Listing Price Information

    Listing Price: $2100000
    Cash, CashToNewLoan, Exchange1031

  • Tax Information

    Parcel Number: 7265012019 Tax Lot: 17 Tax Block: 64

  • Parking Information

    Parking Total: 8

    Garage Information

    Has Garage: Yes Garage Space: 5

  • Location Information

    Direction: Off Cherry Ave WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
421 N Rose, Long Beach, CA, 90802 $1,300,000 12 4 -- 3,355 Sqft
1131 E 2nd, Long Beach, CA, 90802 $1,625,000 3 2 -- 4,418 Sqft
1131 E 2nd, Long Beach, CA, 90802 $1,625,000 4 4 3,284 4,418 Sqft
643 Elm Avenue, Long Beach, CA, 90802 $799,000 8 4 -- 2,351 Sqft
531 N Virginia Court, Long Beach, CA, 90802 $969,000 5 3 -- 3,315 Sqft
548 Magnolia, Long Beach, CA, 90802 $1,349,000 5 4 -- 3,466 Sqft

The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 09/03/2026 @ 18:39

MLS: PW26186315 LISTED BY: Robert Stepp, Keller Williams Realty Downey 562-334-1500 SOURCE: CRMLS

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