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.
Listed by Maggie Monge
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License #01857766
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MagiCal Properties, Inc.
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mmags024@gmail.com
Listed by Robert Sanchez
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License #01488366
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MagiCal Properties, Inc.
Last updated September 04, 2025
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Source: bridgeMLS #CRRS25187509
Listing Facts
TypeMulti-family
NeighborhoodBixby Park
Bedrooms4
Days on Prevu4
Size1 sqft
Price per sqft$1,736,000
Location
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Listing History
09/02/2025
Listed by MagiCal Properties, Inc.
$1,736,000
Property Details for 1500 E 1st Street
Exterior
Construction
Number Of Units Total: 3
Year Built: 1906
Construction Materials: Wood Siding
Exterior Features: Other, Garden
Features
Fencing: Wood
View: City Lights
Measurements
Building Area Total: 1
Lot Features: Corner Lot, Other, Garden, Paved
Lot Size Acres: 0.12
Lot Size Area: 0
Lot Size Square Feet: 5,022
Lot Size Units: Acres
Financial
Taxes
Parcel Number: 7265014001
Interior
Features
Flooring: Laminate, Tile, Vinyl
Measurements
Living Area: 1
Living Area Units: Square Feet
Rooms
Bedrooms Total: 4
Utilities
Equipment
Cooling: No Air Conditioning
Heating: Floor Furnace, Wall Furnace
Has Heating: Yes
Laundry Features: Common Area, Other, Inside
Based on information from bridgeMLS 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.
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.