$3,325,000
SOLD MAY 12, 2026
8 Beds
11 Baths
7,906 Sq Ft
8,243 Sq Ft Lot

Sale Details

Date Sold: May 12, 2026

$421 Per Sq Ft

4% Above List Price

19 Days on Market

Highlights

  • 0.19 Acre Lot
  • Accessible Parking
  • Heating System Uses Natural Gas
  • Long Beach Polytechnic High School Rated A
  • 3 Car Garage

About This Home

As of May 2026

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.

Last Agent to Sell the Property

Juan Huizar

Sage Real Estate Group, Inc. Brokerage Phone: 562-307-0838 License #01417642 Listed on: 02/13/2026

Co-Listed By

Jeff Anderson

eXp Realty of California Inc Brokerage Phone: 562-307-0838 License #01729514

Last Buyer's Agent

Darin Jaeger

Keller Williams Pacific Estate License #02138518

Keller Williams Pacific Estate

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 in unit

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

  • Tenant pays for gas, electricity
  • 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

Property Details

Home Type

Multi-Family

Year Built

Built in 1941

Lot Details

8,243 Sq Ft Lot

Parking

3

Listing Details

  • CapRate: 5.80
  • Professional Management Expense: 11664.00
  • Property Attached: Yes
  • Subdivision Name Other: Alamitos Beach (AB)
  • Water Sewer Expenses: 7383.00
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Gardener Expense: 1050.00
  • Parcel Number: 7265010016
  • Year Built: 1941
  • Special Features: None

Interior Features

  • Stories: 3
  • Common Walls: 2+ Common Walls
  • Accessibility Features: Parking
  • Entry Level: 1
  • Price Per Square Foot: 404.76

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Natural Gas, Wall Furnace
  • Laundry Features: Community
  • Pest Control Expense: 800.00
  • Sewer: Public Sewer
  • Trash Expense: 1845.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Street Lights, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 8243.00
  • Lot Size Acres: 0.1892

Rental Info

  • Tenant Pays: Gas, Electricity

Multi Family

  • Gross Income: 285194.00
  • Gross Multiplier: 11.22
  • Gross Operating Income: 270935.00
  • Gross Scheduled Income: 285195.00
  • Insurance Expense: 14007.00
  • Lot Size Area: 8243.0000 Square Feet
  • Maintenance Expense: 9000.00
  • Net Operating Income: 184684.00
  • Number Of Rented Garages: 3
  • Number Of Separate Electric Meters: 13
  • Number Of Separate Gas Meters: 13
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 12
  • Number Of Units Total: 12
  • Operating Expense: 91262.00
  • Rent Control: Yes
  • Total Actual Rent: 23766.00
  • Total Expenses: 86251.00

Tax Info

  • New Taxes Expense: 40000.00
  • Tax Block: 62
  • Tax Lot: 13
  • Tax Tract Number: 0000
  • TaxOtherAnnualAssessmentAmount: 2162.00

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 13, 2026
Closed on
May 2, 2026
Sold by
Bought by
Seller's Agent
Juan Huizar
Sage Real Estate Group, Inc.
Buyer's Agent
Darin Jaeger
Keller Williams Pacific Estate
List Price
$3,200,000
Sold Price
$3,325,000
Premium/Discount to List
$125,000
3.91%
Views
12

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,223,000
Interest Rate
0.0646%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 13, 2026
Closed on
Apr 2, 2026
Sold by
Bought by
Seller's Agent
Juan Huizar
Sage Real Estate Group, Inc.
Buyer's Agent
Darin Jaeger
Keller Williams Pacific Estate
List Price
$3,200,000
Sold Price
$3,325,000
Premium/Discount to List
$125,000
3.91%
Views
12

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,223,000
Interest Rate
0.0646%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 10, 2020
Sold by
Bought by

Purchase Details

Closed on
Apr 29, 2011
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,450,000
Interest Rate
0.0484%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Sep 1, 2009
Sold by
Bought by

Purchase Details

Closed on
May 14, 2008
Sold by
Bought by

Purchase Details

Closed on
Nov 21, 2007
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$475,000
Interest Rate
0.0626%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 16, 2006
Sold by
Bought by

Purchase Details

Closed on
Apr 7, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,275,000
Interest Rate
0.0535%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Apr 14, 1999
Sold by
Bought by

Purchase Details

Closed on
Mar 16, 1995
Sold by
Bought by

Purchase Details

Closed on
Jan 9, 1995
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Deed -- Usa National Title Company
Grant Deed $3,325,000 Usa National Title Company
Interfamily Deed Transfer -- None Available
Grant Deed $2,050,000 North American Title Company
Trustee Deed $350,000 None Available
Grant Deed -- Lawyers Title Company
Grant Deed -- None Available
Grant Deed -- First American Title Ins Co
Grant Deed $1,700,000 Natc
Interfamily Deed Transfer -- --
Grant Deed $400,000 Chicago Title Co
Trustee Deed $486,828 World Title Company
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Open $2,223,000 New Conventional
Previous Owner $2,000,000 New Conventional
Previous Owner $1,550,000 Negative Amortization
Closed $1,450,000 Seller Take Back
Previous Owner $475,000 Commercial
Previous Owner $1,275,000 Seller Take Back
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/12/2026 05/12/26 Sold $3,325,000 +3.9% $421 / Sq Ft
03/04/2026 03/04/26 Pending -- -- --
02/13/2026 02/13/26 For Sale $3,200,000 -- $405 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $46,705 $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
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW26011273

California Regional Multiple Listing Service (CRMLS)
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