$2,100,000
SOLD NOV 11, 2025
7 Beds
7 Baths
5,014 Sq Ft
8,272 Sq Ft Lot

Recently Sold

$419 Per Sq Ft

9% Below List Price

104 Days on Market

Highlights

  • 0.19 Acre Lot
  • Cape Cod Architecture
  • No HOA
  • Long Beach Polytechnic High School Rated A
  • Wood Flooring
  • Neighborhood Views

About This Home

As of November 2025

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.

Last Agent to Sell the Property

Cameron Jacques

Kinnery's Brokerage House Brokerage Phone: 310-490-8134 License #01852032 Listed on: 06/16/2025

Last Buyer's Agent

Jahleel Wilson

Kinnery's Brokerage House License #01913475

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 5766
  • 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

Property Details

Home Type

Multi-Family

Year Built

Built in 1914

Lot Details

0

Parking

4

Listing Details

  • CapRate: 5.55
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Subdivision Name Other: Alamitos Beach (AB)
  • View: Yes
  • Zoning: LBR4R
  • Architectural Style: Cape Cod
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Parcel Number: 7265013016
  • Year Built: 1914
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Stories: 2
  • Common Walls: 1 Common Wall
  • Flooring: Tile, Wood
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: Two
  • Price Per Square Foot: 418.83

Exterior Features

  • Foundation: Raised
  • View: Neighborhood
  • Pool Private: No
  • Roof: Flat
  • Spa: No

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 6.00
  • Uncovered Spaces: 2.00

Utilities

  • Utilities: Electricity Available, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Fireplace(s), Floor Furnace
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Biking, Curbs, Park, Sidewalks, Street Lights, Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Landscaped, Rectangular Lot
  • Lot Size: 55 x 151
  • Lot Size Sq Ft: 8272.00
  • Lot Size Acres: 0.1899

Multi Family

  • Gross Income: 173400.00
  • Gross Multiplier: 12.11
  • Gross Operating Income: 169932.00
  • Gross Scheduled Income: 173400.00
  • Lot Size Area: 8272.0000 Square Feet
  • Net Operating Income: 116638.00
  • Number Of Separate Electric Meters: 7
  • Number Of Separate Gas Meters: 7
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 6
  • Operating Expense: 53294.00
  • Rent Control: No
  • Total Expenses: 53294.00

Tax Info

  • Tax Block: 65
  • Tax Census Tract: 5766.02
  • Tax Lot: 17
  • Tax Tract Number: 5766.02
  • TaxOtherAnnualAssessmentAmount: 1335.00
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/11/2025 11/11/25 Sold $2,100,000 -4.3% $419 / Sq Ft
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 View Prior Sale
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 View Prior Sale
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 View Prior Sale
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)

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 $31,768 $2,495,255 $1,160,584 $1,334,671
2024 $31,768 $2,446,329 $1,137,828 $1,308,501
2023 $31,233 $2,398,363 $1,115,518 $1,282,845
2022 $29,307 $2,351,338 $1,093,646 $1,257,692
2021 $28,728 $2,305,234 $1,072,202 $1,233,032
2020 $28,654 $2,282,557 $1,061,208 $1,221,349
2019 $28,318 $2,237,820 $1,040,400 $1,197,420
2018 $27,594 $2,193,960 $1,020,000 $1,173,960
2016 $17,264 $1,405,000 $1,000,000 $405,000
2015 $10,800 $870,918 $512,305 $358,613
2014 $10,738 $853,859 $502,270 $351,589
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW25134177

California Regional Multiple Listing Service (CRMLS)