Seller's Agent in 2026
Maggie Monge
MagiCal Properties, Inc.
(562) 884-7495
2 in this area
19 Total Sales
1500 E 1st St Unit 3 Long Beach, CA 90802
Alamitos Beach NeighborhoodEstimated Value: $1,360,000 - $1,416,000
4
Beds
5
Baths
1
Sq Ft
$1,392,231/Sq Ft
Est. Value
Highlights
- City Lights View
- 0.12 Acre Lot
- Corner Lot
- Long Beach Polytechnic High School Rated A
- Property is near public transit
- No HOA
About This Home
As of January 2026Investors pride of ownership. This stylish 3 unit complex is located minutes from the beach and beautiful downtown Long Beach. All units have been remodeled and features a welcoming, private entrance leading to the units. Upper unit is a 2 bedroom, 1 bath with a spacious living room layout with laundry hook-ups and 2 balcony's to enjoy the view on a nice day. The other two units are a charming and cozy 1 bedroom with 1 bath located on the lower level with nice space between them and no common walls for privacy. Perfect for a tenant or smaller family. There is also a 4th vacant unit that was converted from a storage room to a studio apt with a balcony. Not permitted but the structure was there and then remodeled into a studio. Complex comes with a laundry room for lower units to enjoy without having to leave the premises while also providing additional income to the investor. This is a unique investment opportunity for anyone looking to grow their portfolio. Come and take a look at this outstanding opportunity to own in the heart of Long Beach and in one of the areas most desirable locations.
Last Agent to Sell the Property
MagiCal Properties, Inc. Brokerage Email: mmags024@gmail.com License #01857766 Listed on: 09/02/2025
Co-Listed By
MagiCal Properties, Inc. Brokerage Email: mmags024@gmail.com License #01488366
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1906 | Remodeled
Lot Details
- 5,022 Sq Ft Lot
- No Common Walls
- South Facing Home
- Wood Fence
- Corner Lot
- Paved or Partially Paved Lot
- Garden
- Density is 2-5 Units/Acre
Home Design
- Triplex
- Entry on the 2nd floor
- Raised Foundation
- Shingle Roof
- Wood Siding
Interior Spaces
- 1 Sq Ft Home
- 2-Story Property
- Atrium Windows
- Atrium Doors
- Family Room
- Living Room
- City Lights Views
Flooring
- Laminate
- Tile
- Vinyl
Bedrooms and Bathrooms
- 4 Bedrooms
- 5 Bathrooms
Laundry
- Laundry Room
- Washer Hookup
Outdoor Features
- Balcony
- Shed
Location
- Property is near public transit
Utilities
- Floor Furnace
- Wall Furnace
- Standard Electricity
- Water Heater
Listing and Financial Details
- Legal Lot and Block 2 / 53
- Tax Tract Number 5766
- Assessor Parcel Number 7265014001
- $675 per year additional tax assessments
- Seller Considering Concessions
Community Details
Overview
- No Home Owners Association
- 3 Units
- Alamitos Beach Subdivision
Amenities
- Laundry Facilities
Recreation
- Bike Trail
Building Details
- 1 Separate Electric Meter
- 1 Separate Gas Meter
- 1 Separate Water Meter
- Electric Expense $3,852
- Fuel Expense $328
- Insurance Expense $2,397
- Trash Expense $656
- Water Sewer Expense $1,476
- Operating Expense $8,709
- Gross Income $1,080
- Net Operating Income $83,391
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 2, 2025
Closed on
Dec 29, 2025
Sold by
Phipps Minh
Bought by
Phipps Benjamin G
Seller's Agent
Maggie Monge
MagiCal Properties, Inc.
Buyer's Agent
Kelly Corsino
Real Broker
List Price
$1,736,000
Sold Price
$1,400,000
Premium/Discount to List
-$336,000
-19.35%
Views
48
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$7,769
Avg. Annual Appreciation
-1.90%
Original Mortgage
$1,050,000
Outstanding Balance
$1,049,006
Interest Rate
6.26%
Mortgage Type
New Conventional
Estimated Equity
$343,225
Purchase Details
Listed on
Sep 2, 2025
Closed on
Dec 26, 2025
Sold by
Rosales Ricardo and Rosales Marcela Odulia
Bought by
Phipps Benjamin G
Seller's Agent
Maggie Monge
MagiCal Properties, Inc.
Buyer's Agent
Kelly Corsino
Real Broker
List Price
$1,736,000
Sold Price
$1,400,000
Premium/Discount to List
-$336,000
-19.35%
Views
48
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,050,000
Outstanding Balance
$1,049,006
Interest Rate
6.26%
Mortgage Type
New Conventional
Estimated Equity
$343,225
Purchase Details
Closed on
Jan 20, 2023
Sold by
Rosales Ricardo and Rosales Marcela Odulia
Bought by
Rosales Ricardo and Rosales Marcela Odulia
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$840,000
Interest Rate
6.31%
Mortgage Type
New Conventional
Purchase Details
Closed on
Oct 1, 2021
Sold by
Moore Lynn
Bought by
Moore Lynn and Haugh Lindsey
Purchase Details
Closed on
May 27, 2021
Sold by
Rosales Odulia and Rosales Ricardo
Bought by
Rosales Ricardo and Rosales Marcela Odulia
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$570,000
Interest Rate
2.9%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 24, 2021
Sold by
Gail J Cooper Revocable Living Trust and Anderson Stephanie
Bought by
Rosales Ricardo and Rosales Odulia
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$570,000
Interest Rate
2.9%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 29, 2017
Sold by
Cooper Gall
Bought by
Cooper Gail J and The Gail J Cooper Revocable Li
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$536,500
Interest Rate
3.92%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 20, 2009
Sold by
Cooper Gail J
Bought by
Cooper Gail J and The Gail J Cooper Revocable Li
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Phipps Benjamin G | -- | Lawyers Title | |
| Phipps Benjamin G | $1,400,000 | Lawyers Title Company | |
| Rosales Ricardo | -- | Wfg National Title | |
| Moore Lynn | -- | None Listed On Document | |
| Rosales Ricardo | -- | Provident Title | |
| Rosales Ricardo | -- | Provident Title | |
| Cooper Gail J | -- | Wfg National Title | |
| Cooper Gail | -- | Wfg National Title | |
| Cooper Gail J | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Phipps Benjamin G | $1,050,000 | |
| Previous Owner | Rosales Ricardo | $840,000 | |
| Previous Owner | Rosales Ricardo | $570,000 | |
| Previous Owner | Cooper Gail | $536,500 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/02/2026 01/02/26 | Sold | $1,400,000 | -15.2% | $1,400,000 / Sq Ft |
| 09/21/2025 09/21/25 | Price Changed | $1,650,050 | -5.0% | $1,650,050 / Sq Ft |
| 09/02/2025 09/02/25 | For Sale | $1,736,000 | -- | $1,736,000 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Agents Affiliated with this Home
-
Maggie Monge
-
Robert Sanchez
R
Seller Co-Listing Agent in 2026
Robert Sanchez
MagiCal Properties, Inc.
(818) 995-4540
2 in this area
15 Total Sales
-
Kelly Corsino
Buyer's Agent in 2026
Kelly Corsino
Real Broker
(714) 227-0712
2 in this area
17 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: RS25187509
APN: 7265-014-001
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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