1517 E 1st St Long Beach, CA 90802
Alamitos Beach NeighborhoodEstimated payment $13,889/month
Highlights
- 0.19 Acre Lot
- Cape Cod Architecture
- No HOA
- Long Beach Polytechnic High School Rated A
- Wood Flooring
- Neighborhood Views
About This Home
Pride of Ownership, 6 Unit, Trophy Property! Located within the highly soughtafter community of Alamitos Beach, merely footsteps from the sand. 1517 E. 1st street is a classic, Long Beach, early 1900’s building, featuring all classic characteristics and qualities of early 20th century architecture – boasting magnificent high ceilings, built in cabinetry, hardwood flooring, large open floor plans with an abundance of natural light. Both upper level units have large sunrooms. In 2016 the asset received a full interior/exterior renovation. Improvements include; all new kitchen upgrades (quartz counters, tile flooring, all new cabinetry, stainless steel appliances and all new fixtures). Bathrooms were upgraded with all new granite counters, tile flooring/wainscot, new toilets, tubs and fixtures. Each unit has its own washer dryer and is separately metered for gas and electric. Lower level units have their own private yards and each unit has its own parking space. Located just a short distance from Belmont Shore’s “2nd street”, which houses most of Long Beach's best fashion stores, restaurants, bars and coffee shops. Perfect building for the sophisticated investor looking for a prime asset in an A location.
Listing Agent
Kinnery's Brokerage House Brokerage Phone: 310-490-8134 License #01852032 Listed on: 06/16/2025
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1914
Lot Details
- 8,272 Sq Ft Lot
- Lot Dimensions are 55 x 151
- 1 Common Wall
- Landscaped
- Rectangular Lot
- Back Yard
Parking
- 2 Open Parking Spaces
- 4 Car Garage
- Parking Available
- Assigned Parking
Home Design
- Cape Cod Architecture
- Apartment
- Entry on the 1st floor
- Flat Roof Shape
- Raised Foundation
Interior Spaces
- 5,014 Sq Ft Home
- 2-Story Property
- Living Room with Fireplace
- Neighborhood Views
- Laundry Room
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 7 Bedrooms
- 7 Bathrooms
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Utilities
- Cooling System Mounted To A Wall/Window
- Floor Furnace
- Natural Gas Connected
Additional Features
- Exterior Lighting
- Urban Location
Listing and Financial Details
- Legal Lot and Block 17 / 65
- Tax Tract Number 576
- Assessor Parcel Number 7265013016
- $1,335 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- 6 Units
- Alamitos Beach Subdivision
Recreation
- Park
- Bike Trail
Building Details
- 7 Separate Electric Meters
- 7 Separate Gas Meters
- 1 Separate Water Meter
- Operating Expense $53,294
- Gross Income $173,400
- Net Operating Income $116,638
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/10/2025 08/10/25 | Price Changed | $2,195,000 | -2.4% | $438 / Sq Ft |
| 07/22/2025 07/22/25 | Price Changed | $2,250,000 | -2.2% | $449 / Sq Ft |
| 06/16/2025 06/16/25 | For Sale | $2,300,000 | +4.8% | $459 / Sq Ft |
| 09/23/2016 09/23/16 | Sold | $2,195,000 | -4.4% | $438 / Sq Ft |
| 08/08/2016 08/08/16 | Price Changed | $2,295,000 | -0.4% | $458 / Sq Ft |
| 06/20/2016 06/20/16 | For Sale | $2,304,000 | +63.9% | $460 / Sq Ft |
| 11/23/2015 11/23/15 | Sold | $1,405,500 | -6.0% | $280 / Sq Ft |
| 10/16/2015 10/16/15 | Pending | -- | -- | -- |
| 09/27/2015 09/27/15 | For Sale | $1,495,000 | +75.9% | $298 / Sq Ft |
| 12/28/2012 12/28/12 | Sold | $850,000 | -29.2% | $170 / Sq Ft |
| 12/27/2012 12/27/12 | Pending | -- | -- | -- |
| 11/28/2012 11/28/12 | For Sale | $1,200,000 | 0.0% | $239 / Sq Ft |
| 10/18/2012 10/18/12 | Rented | $1,150 | -4.2% | -- |
| 10/14/2012 10/14/12 | Under Contract | -- | -- | -- |
| 10/09/2012 10/09/12 | For Rent | $1,200 | -- | -- |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW25134177
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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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