Pleased to present 833 E. 1st Street, a 10*-unit apartment investment opportunity located in the sought-after Long Beach neighborhood of Alamitos Beach. Offered for sale for the first time in decades, the property is ideally located just a short walk from the beach, and mere minutes from both Downtown and Retro Row. It is comprised of (8) 1-bedroom/1-bathroom single story units in the front building, plus a huge 3-bedroom/2-bathroom in the back, above the studio and garages. 833 E. 1st St. offers substantial upside potential by updating the units and bringing rents closer to market levels. *The studio unit is non-conforming.
Listed by Damien Breaux
·
License #01460301
·
Morgan Skenderian
·
db@morganskenderian.com
Listed by Rick Applebaum
·
License #01273871
·
Morgan Skenderian
Last updated September 22, 2025
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Source: CRMLS #PW24222778
Listing Facts
TypeMulti-family
NeighborhoodBixby Park
Days on Prevu359
Taxes$28,039/year
Amenities
Parking
Location
Mortgage Calculator
Listing History
10/17/2025
Status changed to Active
$1,995,000
10/16/2025
Status changed to Removed from Feed
$1,995,000
10/04/2025
Status changed to Active
$1,995,000
10/03/2025
Status changed to Removed from Feed
$1,995,000
09/22/2025
Price Decreased
$1,995,000
09/20/2025
Status changed to Active
$2,095,000
09/19/2025
Status changed to Removed from Feed
$2,095,000
09/18/2025
Status changed to Active
$2,095,000
09/16/2025
Status changed to Removed from Feed
$2,095,000
09/11/2025
Status changed to Active
$2,095,000
09/08/2025
Status changed to Removed from Feed
$2,095,000
09/07/2025
Status changed to Active
$2,095,000
09/05/2025
Status changed to Removed from Feed
$2,095,000
09/04/2025
Status changed to Active
$2,095,000
09/03/2025
Status changed to Removed from Feed
$2,095,000
06/28/2025
Status changed to Active
$2,095,000
06/27/2025
Status changed to Removed from Feed
$2,095,000
05/21/2025
Status changed to Active
$2,095,000
05/20/2025
Status changed to Removed from Feed
$2,095,000
05/19/2025
Price Decreased
$2,095,000
03/28/2025
Status changed to Active
$2,240,000
03/27/2025
Status changed to Removed from Feed
$2,240,000
02/21/2025
Status changed to Active
$2,240,000
02/20/2025
Status changed to Removed from Feed
$2,240,000
02/04/2025
Status changed to Active
$2,240,000
02/03/2025
Status changed to Removed from Feed
$2,240,000
01/31/2025
Price Decreased
$2,240,000
10/28/2024
Listed by Morgan Skenderian
$2,350,000
Property Details for 833 E 1st Street
Association
Amenities
Community Features: Curbs, Gutter(s), Sidewalks
Exterior
Construction
Number Of Units Total: 10
Stories: 2
Stories Total: 2
Year Built: 1922
Common Walls: No Common Walls
Entry Level: 1
Entry Location: 1
Measurements
Building Area Total: 6,087
Building Area Units: Square Feet
Lot Size Acres: 0.18
Lot Size Area: 8,255
Lot Size Source: Assessor
Lot Size Square Feet: 8,255
Lot Size Units: Square Feet
Financial
Residential Income
Cap Rate: 6.4
Gross Income: $7,200.00
Operating Expense: $54,093.00
Taxes
Parcel Number: 7265001032
Tax Annual Amount: $28,039.00
Other
Location
Subdivision Name: Downtown (DT)
Tax Block: 60
Tax Lot: 16
Parking
Parking
Garage Spaces: 6
Garage: Yes
Parking Total: 6
Utilities
Equipment
Laundry Features: Common Area
Sewer: Public Sewer
Water Source: Public
Based on information from California Regional Multiple Listing Service, Inc. 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.