About 1500 E 1st Street # 3
Investors 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.
Features of 1500 E 1st Street # 3
| MLS® # | RS25187509 |
|---|---|
| Price | $1,650,050 |
| Sold Price | $1,400,000 |
| Bedrooms | 4 |
| Bathrooms | 5.00 |
| Lot Sqft | 5,022 |
| Acres | 0.12 |
| Year Built | 1906 |
| Type | Residential Income |
| Sub-Type | Triplex |
| Status | Closed |
| # Of Units | 3 |
Community Information
| Address | 1500 E 1st Street # 3 |
|---|---|
| Area | 4 - Downtown Area, Alamitos Beach |
| Subdivision | Alamitos Beach (AB) |
| City | Long Beach |
| County | Los Angeles |
| Zip Code | 90802 |
Amenities
| Utilities | Water Available |
|---|---|
| Parking | None |
| Garages | None |
| View | City Lights |
| Is Waterfront | No |
| Has Pool | No |
| Pool | None |
Interior
| Interior | Laminate, Tile, Vinyl |
|---|---|
| Interior Features | Balcony, French Door(s)/Atrium Door(s) |
| Appliances | Water Heater |
| Heating | Wall Furnace, Floor Furnace |
| Cooling | None |
| Has Basement | No |
| Fireplace | No |
| Fireplaces | None |
| # of Stories | 2 |
| Stories | Two |
Exterior
| Exterior | Wood Siding |
|---|---|
| Lot Description | Corner Lot, Near Public Transit, Garden, Paved, TwoToFiveUnitsAcre |
| Windows | Atrium |
| Roof | Shingle |
| Construction | Wood Siding |
| Foundation | Raised |
Additional Information
| Date Listed | August 29th, 2025 |
|---|---|
| Date Sold | January 2nd, 2026 |
| Days on Market | 76 |
| Zoning | LBR4R |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Maggie Monge |
|---|---|
| Office | MagiCal Properties, Inc. |