1317 E 1st, Long Beach, CA 90802
Local realty services provided by:Better Homes and Gardens Real Estate Haven Properties
1317 E 1st,Long Beach, CA 90802
$2,100,000
- - Beds
- - Baths
- 2,367 sq. ft.
- Multi-family
- Active
Listed by: robert stepp, todd hawke
Office: keller williams realty downey562-334-1500
MLS#:PW26186315
Source:CRMLS
Price summary
- Price:$2,100,000
- Price per sq. ft.:$887.2
About this home
1317 E. 1st Street presents a rare opportunity to acquire a fully renovated triplex in the heart of Alamitos Beach with a unique combination of residential quality, strong in-place income, exceptional parking and owner-occupancy potential. The property has undergone an extensive renovation program totaling ~$375,000, including the complete rebuild of all three residential units. The improvements have created modern, highly competitive residences while substantially reducing the deferred maintenance and near-term capital expenditure. Situated on an 8,263-square-foot lot, the property consists of three separate residences totaling 2,367 square feet: (1) spacious 1,300-square-foot 3BD/2BA main residence; (1) 650-square-foot 1BD/1BA unit; and (1) 417-square-foot studio. A significant competitive advantage is the property's eight off-street parking spaces, including five alley-access garages and three driveway spaces—an exceptional amenity in highly parking-impacted Alamitos Beach. In addition to enhancing tenant appeal and marketability, the five garages provide a meaningful ancillary income stream with additional upside potential. The combination of extensive parking and garage income differentiates the property from competing coastal rental properties while providing an additional source of revenue beyond residential rents. The property's full-sized 3BD/2BA main residence creates a compelling opportunity for an owner-occupant seeking the lifestyle and privacy of a traditional home while benefiting from supplemental rental income. Thoughtfully remodeled with owner occupancy in mind, the front residence offers 1,300 square feet of living space, generous common areas, and ample parking. A separate basement provides valuable additional storage. Meanwhile, the two additional residences and five private garages provide multiple income streams that can help offset mortgage and operating costs. This combination of residential comfort, privacy, parking and income potential is particularly difficult to replicate in a prime coastal neighborhood. Located in the heart of Alamitos Beach, the property benefits from immediate access to the beach and bike paths, Downtown Long Beach, and an extensive collection of neighborhood dining, retail and entertainment amenities. With a 94 Walk Score, the neighborhood offers the highly walkable, beach-oriented lifestyle that continues to drive renter demand and premium rents....
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Home facts
- Year built:1902
- Subdivision & Development:Alamitos Beach (AB)
- Listing ID #:PW26186315
- Added:1 day(s) ago
- Updated:August 28, 2026 at 02:39 PM
Rooms and interior
- Living area:2,367 sq. ft.
Heating and cooling
- Heating:Central Furnace
Structure and exterior
- Year built:1902
- Building area:2,367 sq. ft.
- Lot area:0.19 Acres
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$2,100,000
- Price per sq. ft.:$887.2
Features and amenities
- Laundry features:Common Area, Inside
Parking
- Total parking spaces:8
- Garage:Yes
- Garage spaces:5
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