$6,150,000
For Sale

1221 E 1st Street

Long Beach, CA 90802
0.21 acres | #PW24227234
Listing OfficeSage Real Estate
Browse 24 photos
Type:Multi-Family
Structure:House
Zone:Residential

Description

Fully stabilized, 16 unit, turnkey apartment building located in the highly desirable Alamitos Beach area. With over $950,000 invested, the property underwent a complete transformation down to the studs including new flooring, windows, interiors, exterior stucco, plumbing, electrical and mechanical systems, and more. All units were fully gutted and remodeled using high-end materials, with renovations led by an interior designer. Upgrades include recessed and custom lighting, brand-new kitchens and bathrooms, stainless steel appliances, and in-unit washers and dryers.

  • Property Details
      • Lot DescriptionSixteenToTwentyUnitsAcre
      • SubdivisionAlamitos Beach (AB)
      • Property TypeMulti-Family
      • Sewer InformationPublicSewer
      • CountyLos Angeles
      • Original List Price$6,150,000
      • MLS #PW24227234
      • MLS #PW24227234
      • Property SubtypeApartment
      • Cost6150000
      • Acres0.2081
      • Utility SourcePublic
      • Year Built2023
      • Stories2

Location

Amber RomoReal Estate Group
$
years

Down Payment

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%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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