About 1605 E 1st Street
This coastal investment property is located within a historic district, minutes to the beach with small shops, coffee houses, restaurants, proximate to Marine Stadium, Alamitos Bay, and Naples Island. Convenient to public transportation and freeway access, with proximity to Cal State Long Beach. An incredible unit mix, consisting of a classic 3-bedroom/2-bath house, plus four newer condominium-style units, composed of three 3-bedroom/2-bath units and one 2-bedroom/2-bath unit. All units are separately metered and have upgraded appliances, including washers and driers. The property is well maintained and nicely landscaped, with a solar-camera security system. There are five tandem garages, offering two parking spaces per unit, a big plus in an area where parking is at a premium. PRICE REDUCED with a 6% CAP RATE!
Features of 1605 E 1st Street
| MLS® # | 25588185 |
|---|---|
| Price | $2,350,000 |
| Sold Price | $2,150,000 |
| Bedrooms | 5 |
| Bathrooms | 4.00 |
| Square Footage | 4,971 |
| Lot Sqft | 8,273 |
| Acres | 0.19 |
| Year Built | 1988 |
| Type | Residential Income |
| Status | Closed |
| # Of Units | 5 |
Community Information
| Address | 1605 E 1st Street |
|---|---|
| Area | 4 - Downtown Area, Alamitos Beach |
| City | Long Beach |
| County | Los Angeles |
| Zip Code | 90802 |
Amenities
| Parking Spaces | 10 |
|---|---|
| Parking | Door-Multi, Garage, Tandem |
| # of Garages | 10 |
| Garages | Door-Multi, Garage, Tandem |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Appliances | Dishwasher, Dryer, Microwave, Refrigerator, Washer |
|---|---|
| Heating | Fireplace(s) |
| Cooling | None |
| Has Basement | No |
| Fireplace | No |
| # of Stories | 2 |
| Stories | Two |
Additional Information
| Date Listed | September 10th, 2025 |
|---|---|
| Date Sold | May 19th, 2026 |
| Days on Market | 183 |
| Zoning | LBR4R |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Albert Morell |
|---|---|
| Office | WRE SoCal, Inc. |