Search
1236 E 1St St, Long Beach, CA 90802
Image 2 for 1236 E 1St St, Long Beach, CA 90802
Image 3 for 1236 E 1St St, Long Beach, CA 90802
View Photos

1236 E 1St St Long Beach, CA 90802

$3,850,000
  • 13 Beds
  • 14 Baths
  • 10,586 Sq.Ft.
For Sale
$3,850,000 Get Pre-Qualified
Map preview of 1236 E 1St St, Long Beach, CA 90802

Property Overview: 1236 E 1St St Long Beach, CA has 13 bedrooms, 14 bathrooms, 10,586 living square feet and 8,263 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Prime building & location in Alamitos Beach. First time for sale in 35+ years! HUGE units with a lots of character! A gated "garden" style building with plenty of unique architecture including arched hallways and coved ceilings. Some units with new laminate flooring and upgraded kitchens. New vinyl windows in several of the units. Walk to the beach, Downtown, or Retro-Row. Excellent low-vacancy rental area! Unit mix: 13-(1 Br's), 1-(Studio). The low rents make this an excellent $ opportunity!

Listed by Mark Kachigan | BRE #00644779 | Pabst, Kinney & Associates
Last checked: 19 seconds ago | Last updated: April 3rd, 2024 | Source CRMLS | DOM: 22
Get a $11,550 Cash Reward New

Buy this home with Ardent Real Estate Group and get $11,550 back.

Call/Text (714) 706-1823

Home details

Lot Sq. Ft
8,263
HOA Dues
$0/mo
Year built
1928
Garage
--
Property Type:
Apartment
Status
Active
MLS#
PW24057202
City
Long Beach
County
Los Angeles
Time on Site
28 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 14
  • Total # of Buildings: 1
  • # of Electric Meters: 15
  • # of Gas Meters: 1
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 13
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $20,025
  • Total Rent: $20,025
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,025
  • Total Rent: $1,025
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 3.6%
  • Gross Rent Multiplier: 15.2
  • Gross Scheduled Income: $252,600
  • Net Operating Income: $139,678
  • Gross Operating Income: $245,000
  • Vacancy Allowance: $7,600
Annual Expense Breakdown
  • Total Operating Expense: $105,322
  • Electric: $0
  • Gas/Fuel: $0
  • Licenses: $936
  • Trash: $0
  • Gardener: $3,300
  • Insurance: $5,919
  • Professional Management: $20,911
  • Water/Sewer: $0
  • Other Expenses: $18,893
  • Other Expense Description: Utility

Open Houses for 1236 E 1St St

No upcoming open houses

Schedule Tour

Property Details for 1236 E 1St St

Interior Features
Laundry Information
  • Has Laundry
  • Community
Room Information
  • Flooring: Laminate
Interior Features
  • Levels: Two
Exterior Features
Exterior Information
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • No
  • Parking Features: None
Lot Information
  • Lot Features: Level, Near Public Transit, Park Nearby
  • Lot Size Source: Assessor
  • Common Interest: Community Apartment
Property Information
  • No View
  • View: None
  • Common Walls: 2+ Common Walls
  • Total # of Units: 14
  • Parcel Number: 7265009007
  • Year Built Source: Public Records
  • Architectural Style: Spanish
  • Entry Level: 1
  • Property is Attached
  • Property Condition: Repairs Cosmetic
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Assessment Information
  • Has Assessments
  • Assessments: Unknown
Location / Neighborhood
Location Information
  • Subdivision Name: Alamitos Beach (AB)
  • Directions: East of Orange, South of Broadway
  • Road Frontage Type: Alley, City Street
  • Road Surface Type: Paved
Neighborhood Information
  • Community Features: Curbs, Sidewalks
View more facts & features

Local Long Beach Agent

Sale History for 1236 E 1St St

Last sold on July 18th, 2016

  • April, 2024

  • Apr 3, 2024

    Date

    Active

    CRMLS: PW24057202

    $3,850,000

    Price

  • July, 2016

  • Jul 18, 2016

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 1236 E 1St St

Assessed Value (2020): $1,349,422
Year Land Value Improved Value Assessed Value
2020 $539,060 $810,362 $1,349,422

Home Value Compared to the Market

This property vs the competition

1236 E 1St St is listed 381.31% higher than the median list price for the city of Long Beach which has a median list price of $799,900. The median price per/sqft for Long Beach is $644 and this home is listed at $363.69 per/sqft which puts the price per square foot 43.53% lower than the median price per square foot for the city of Long Beach.

About 1236 E 1St St

Detailed summary of property

1236 E 1St St is a apartment located in Long Beach, CA 90802 and is currently for sale. This apartment offers 13 bedrooms, 14 bathrooms, roughly 10,586 living square feet, and sits on an approximately 8,263 square foot lot. 1236 E 1St St was first listed on ArdentRealEstateGroup.com on April 3, 2024. The homeowner is currently asking $3,850,000. The median priced home in Long Beach is $799,900 with a median price per square foot of $644. Based on Ardent Real Estate Group's Long Beach Market Data, this home is listed 381.31% higher than the median priced home. Local competing homes currently for sale include 5 Loma Ave, 1365 Newport Ave and 5121 E Ocean Blvd. While the average home in Long Beach, CA is selling in 54 days, 1236 E 1St St has a days on market of 22 days. There are currently 610 homes for sale in the Long Beach real estate market and 349 of them are single family homes while 248 of them are condos and 13 are townhomes. For more information on this home for sale at 1236 E 1St St Long Beach, CA 90802 contact Ardent Real Estate Group and we will put you in touch with one of our Long Beach agents.

Public Facts for 1236 E 1St St

Public county record property details
Beds
12
Baths
14
Year built
1928
Sq. Ft.
10,586
Lot Size
8,262
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
6
APN
7265-009-007

The source for these homes facts are from public records.

90802 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$530,000
Median List Price/Sq.Ft.
$627
Median Sold Price
$505,000
Median Sold Price/Sq.Ft.
$634
Total Inventory
124
Median Sale to List Price %
96.19%
Avg Days on Market
34
Loan Type
Conventional (50%), FHA (3.57%), VA (3.57%), Cash (28.57%), Other (10.71%)

Tour This Home

Buy with Ardent Real Estate Group and save $11,550.

Image Description
Contact Jon
Long Beach Agent
Call, Text or Message
(714) 706-1823
Get a $11,550 Cash Reward New

Buy this home with Ardent Real Estate Group and get $11,550 back.

Call/Text (714) 706-1823

Homes for Sale Near 1236 E 1St St

Nearby Homes for Sale

1045 E 4th St, Long Beach, CA 90802
$3,500,000
14 Beds
14 Baths
8720 Sq.Ft.
1045 E 4th St
Long Beach, CA 90802
532 Nebraska Ave, Long Beach, CA 90802
$3,300,000
14 Beds
14 Baths
5565 Sq.Ft.
532 Nebraska Ave
Long Beach, CA 90802
728 Cerritos Ave, Long Beach, CA 90813
$4,500,000
15 Beds
19 Baths
11750 Sq.Ft.
728 Cerritos Ave
Long Beach, CA 90813
2106 E Bermuda St, Long Beach, CA 90814
$3,750,000
14 Beds
15 Baths
9888 Sq.Ft.
2106 E Bermuda St
Long Beach, CA 90814
51 Kennebec Ave, Long Beach, CA 90803
$4,188,888
9 Beds
7 Baths
4688 Sq.Ft.
51 Kennebec Ave
Long Beach, CA 90803
51 Kennebec Ave, Long Beach, CA 90803
$4,188,888
9 Beds
9 Baths
4688 Sq.Ft.
51 Kennebec Ave
Long Beach, CA 90803
2930 E 5th St, Long Beach, CA 90814
$3,450,000
17 Beds
9 Baths
6702 Sq.Ft.
2930 E 5th St
Long Beach, CA 90814
433 W 7th St, Long Beach, CA 90813
$3,888,000
7 Beds
17 Baths
11015 Sq.Ft.
433 W 7th St
Long Beach, CA 90813

Recently Sold Homes Near 1236 E 1St St

118 Orange Ave., Long Beach, CA 90802
$1,700,000 Last Sold Price
4 Beds
4 Baths
2592 Sq.Ft.
118 Orange Ave.
Long Beach, CA 90802
1232 E 2nd St, Long Beach, CA 90802
$5,750,000 Last Sold Price
15 Beds
14 Baths
8062 Sq.Ft.
1232 E 2nd St
Long Beach, CA 90802
1246 E 2nd St, Long Beach, CA 90802
$6,250,000 Last Sold Price
22 Beds
20 Baths
14293 Sq.Ft.
1246 E 2nd St
Long Beach, CA 90802
1172 E 1st St, Long Beach, CA 90802
$1,650,000 Last Sold Price
9 Beds
8 Baths
4426 Sq.Ft.
1172 E 1st St
Long Beach, CA 90802

Related Resources to 1236 E 1St St

New Listings in 90802
Popular Zip Codes
Popular Cities
Other Long Beach Resources

Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Call