1149 E 1st St Long Beach, CA 90802
Alamitos Beach NeighborhoodEstimated payment $20,160/month
Highlights
- 0.19 Acre Lot
- Laundry Room
- 3 Car Garage
- Long Beach Polytechnic High School Rated A
- Accessible Parking
- Heating System Uses Natural Gas
About This Home
1149 E. 1st Street is a striking 12-unit Art Deco multifamily property with a bonus 13th non-conforming unit, ideally located in the heart of Alamitos Beach — one of Long Beach’s most desirable coastal neighborhoods.
This architectural standout blends timeless 1930s character with meaningful modern upgrades. The building has been freshly painted and features upgraded plumbing and electrical systems, enhancing long-term performance while preserving its historic charm. Its bold lines and coastal energy evoke a subtle Miami Art Deco aesthetic — vibrant, clean, and full of personality.
The property offers a well-balanced unit mix:
3 Studio Units, 2 Two-Bedroom Units (one serving as a penthouse-style unit), 7 One-Bedroom / One-Bath Units, Bonus 13th Non-Conforming Unit
All units have been thoughtfully updated with newer kitchens, upgraded flooring, and refreshed interiors. The layouts are spacious and filled with natural light, offering larger-than-average unit sizes compared to many nearby properties — a significant advantage in tenant appeal and retention.
The property also includes three garages, providing valuable parking and/or additional income potential in this high-demand beachside location.
Situated just blocks from the ocean and minutes from Downtown Long Beach, residents enjoy exceptional walkability, coastal access, dining, nightlife, and the vibrant energy that defines Alamitos Beach living.
1149 E. 1st Street represents a rare opportunity to acquire a character-rich coastal asset with strong rental appeal, solid improvements, and long-term upside in one of Long Beach’s most dynamic neighborhoods.
Listing Agent
Sage Real Estate Group, Inc. Brokerage Phone: 562-307-0838 License #01417642 Listed on: 02/13/2026
Co-Listing Agent
eXp Realty of California Inc Brokerage Phone: 562-307-0838 License #01729514
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1941
Lot Details
- 8,243 Sq Ft Lot
- Two or More Common Walls
- Density is up to 1 Unit/Acre
Parking
- 3 Car Garage
- Parking Available
Home Design
- Apartment
- Entry on the 1st floor
Interior Spaces
- 7,906 Sq Ft Home
- 3-Story Property
- Laundry Room
Bedrooms and Bathrooms
- 8 Bedrooms
- 11 Bathrooms
Utilities
- Heating System Uses Natural Gas
- Wall Furnace
Additional Features
- Accessible Parking
- Exterior Lighting
Listing and Financial Details
- Legal Lot and Block 13 / 62
- Assessor Parcel Number 7265010016
- $2,162 per year additional tax assessments
Community Details
Overview
- 12 Units
- Alamitos Beach Subdivision
Amenities
- Laundry Facilities
Building Details
- 12 Leased Units
- Rent Control
- 13 Separate Electric Meters
- 13 Separate Gas Meters
- 1 Separate Water Meter
- Gardener Expense $1,050
- Insurance Expense $14,007
- Maintenance Expense $9,000
- Pest Control $800
- Professional Management Expense $11,664
- Trash Expense $1,845
- Water Sewer Expense $7,383
- New Taxes Expense $40,000
- Operating Expense $86,251
- Gross Income $285,194
- Net Operating Income $184,684
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $44,685 | $3,489,889 | $2,213,103 | $1,276,786 |
| 2024 | $44,685 | $3,421,460 | $2,169,709 | $1,251,751 |
| 2023 | $33,598 | $2,524,420 | $1,600,853 | $923,567 |
| 2022 | $31,543 | $2,474,922 | $1,569,464 | $905,458 |
| 2021 | $32,560 | $2,426,395 | $1,538,691 | $887,704 |
| 2020 | $30,808 | $2,403,536 | $1,522,914 | $880,622 |
| 2019 | $30,446 | $2,356,448 | $1,493,053 | $863,395 |
| 2018 | $29,694 | $2,310,284 | $1,463,778 | $846,506 |
| 2016 | $27,318 | $2,218,634 | $1,406,939 | $811,695 |
| 2015 | $26,228 | $2,185,309 | $1,385,806 | $799,503 |
| 2014 | $26,073 | $2,142,502 | $1,358,660 | $783,842 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/13/2026 02/13/26 | For Sale | $3,200,000 | -- | $405 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW26011273
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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
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