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1209 E 1st Street, Long Beach CA 90802
1209 E 1st Street, Long Beach CA 90802
1209 E 1st Street, Long Beach CA 90802
1209 E 1st Street, Long Beach CA 90802
1209 E 1st Street, Long Beach CA 90802
1209 E 1st Street, Long Beach CA 90802
1209 E 1st Street, Long Beach CA 90802
California>Long Beach>Bixby Park

1209 E 1st StreetLong Beach, CA 90802

For Sale

$1,599,000

Smart Buyer Rebate $15,990

Prime 4-Unit income property near the beach featuring four spacious 1-bedroom, 1-bathroom units just steps from the sand in the thriving Long Beach market. Separate free standing 2-car garage in the back with sewer line that runs directly under allowing for a convenient conversion into a 2 bed 1 bath ADU(open parking available at end of driveway). GRM on market rents of 14.5X, 11.6X after ADU conversion. Three units recently remodeled. All units are 800 sqft+ and have their own laundry room A great option for a savvy investor looking to buy and hold in a prime location with the potential to greatly increase income with the addition of the ADU.

Listed by Tyson Storr

·

License #02179872

·

Buckingham Investments, Inc.

·

4242122321

Last updated September 13, 2025

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Source: CRMLS #IN25193325

Listing Facts

  • TypeMulti-family
  • NeighborhoodBixby Park
  • Days on Prevu84

Amenities

  • Parking

Location

Mortgage Calculator

Listing History

10/29/2025
Status changed to Active
$1,599,000
10/21/2025
Status changed to Removed from Feed
$1,599,000
10/18/2025
Status changed to Active
$1,599,000
10/17/2025
Status changed to Removed from Feed
$1,599,000
10/05/2025
Status changed to Active
$1,599,000
10/04/2025
Status changed to Removed from Feed
$1,599,000
09/21/2025
Status changed to Active
$1,599,000
09/20/2025
Status changed to Removed from Feed
$1,599,000
09/12/2025
Status changed to Active
$1,599,000
09/09/2025
Status changed to Removed from Feed
$1,599,000
09/08/2025
Status changed to Active
$1,599,000
09/06/2025
Status changed to Removed from Feed
$1,599,000
09/05/2025
Status changed to Active
$1,599,000
09/04/2025
Status changed to Removed from Feed
$1,599,000
08/27/2025
Listed by Buckingham Investments, Inc.
$1,599,000

Property Details for 1209 E 1st Street

Association

Amenities

  • Community Features: Biking, Golf, Water Sports

Exterior

Construction

  • Number Of Units Total: 4
  • Property Attached: Yes
  • Stories Total: 2
  • Year Built: 1912
  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Entry Location: Ground floor street facing

Measurements

  • Building Area Total: 3,452
  • Building Area Units: Square Feet
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Acres: 0.11
  • Lot Size Area: 5,029
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 5,029
  • Lot Size Units: Square Feet

Financial

Residential Income

  • Cap Rate: 4.0
  • Operating Expense: $27,757.00

Taxes

  • Parcel Number: 7265011023

Other

Location

  • Subdivision Name: Alamitos Beach (AB)
  • Tax Block: 63
  • Tax Lot: 20

Parking

Parking

  • Garage Spaces: 2
  • Garage: Yes
  • Parking Total: 4

Utilities

Equipment

  • Laundry Features: Washer Hookup, Gas Dryer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

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 Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.