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$2,500,000

  • For Sale
  • Active
  • Multi-Family
  • 12 Total Beds
  • 10 Car Garage
See This Home
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This coastal investment property is located within a historic district, minutes to the beach with small shops, coffee houses, restaurants, proximate to Marine Stadium, Alamitos Bay, and Naples Island. Convenient to public transportation and freeway access, with proximity to Cal State Long Beach. An incredible unit mix, consisting of a classic 3-bedroom/2-bath house, plus four newer condominium-style units, composed of three 3-bedroom/2-bath units and one 2-bedroom/2-bath unit. All units are separately metered and have upgraded appliances, including washers and driers. The property is well maintained and nicely landscaped, with a solar-camera security system. There are five tandem garages, offering two parking spaces per unit, a big plus in an area where parking is at a premium. PRICE REDUCED with a 6% CAP RATE!

Full Property Details for 1605 E 1st St

General

  • Price: $2,500,000
  • Status: Active
  • Type: Multi-Family
  • Source: CLAW
  • MLS ID: 25588185
  • Updated: 11/14/2025
  • Added to Site: 128 day(s) ago

Rooms

Bathrooms

  • Total Bathrooms: 8

Bedrooms

  • Total Bedrooms: 12

Other Rooms

  • Laundry: Room

Additional Information

  • Other Features: None

Parking

  • Garage: Yes
  • Garage Spaces: 10
  • Garage Description: Garage - 2 Car, Tandem

Location

  • Area: Downtown Area, Alamitos Beach
  • County: Los Angeles
  • Driving Directions: Ocean Blvd near Gaviota.

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Wall Electric, Fireplace

Utilities

  • # Water Meters: 5
  • # Gas Meters: 5
  • # Electric Meters: 5

Structural Information

  • # Buildings: 2
  • Architectural Style: Contemporary Mediterranean
  • Stories/Levels: 2
  • Square Feet: 4,971
  • Sq. Ft. Source: Vendor Enhanced
  • Year Built: 1988
  • Year Built Source: Vendor Enhanced
  • Other Struct. Feat.: Sprinkler System

Unit Information

  • Units in Complex: 5
  • Unit Type: 2106, 2107

Unit 1

  • Total Bathrooms: 2
  • Bedrooms: 3

Unit 2

  • Total Bathrooms: 2
  • Bedrooms: 2

Additional Structures

  • Other Structures: None

Lot Features

  • Lot Size (Acres): 0.1899
  • Lot Size: 8273
  • Lot Size Source: Vendor Enhanced
  • Zoning: LBR4R

Financial Considerations

  • Price Per Sq. Ft.: $502.92
  • Assessment Year: 1988
  • Owner Pays: Water, Gardener
  • Tenant Pays: Gas, Electricity

Disclosures and Reports

  • Disclosures/Reports: None
  • APN: 7265-013-013

Listed by WRE SoCal, Inc., Albert Morell

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Listing agent

— 1605 E 1st St —

  • Albert Morell

    WRE SoCal, Inc.

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 1605 E 1st St

School District:Long Beach Unified School District
NameGradesDistance
Burbank Elementary School, Long Beach, CA
501 Junipero Avenue, Long Beach, CA 90814
K-50.6 mi
Franklin Classical Middle School
540 Cerritos Avenue, Long Beach, CA 90802
6-80.6 mi
Polytechnic High School, Long Beach, CA
1600 Atlantic Ave., Long Beach, CA 90813
9-121.5 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1605 E 1st St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
11/11/2025
Price Reduced
$2,500,000
-16.53%
MLS
10/13/2025
Price Reduced
$2,995,000
-6.84%
MLS
9/10/2025
Listed
$3,215,000
157.2%
MLS
7/10/2009
Sold
$1,250,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 1605 E 1st St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$21,624
6%
$1,613,520
4%
2023
$20,348
7%
$1,550,867
2%
2022
$19,104
2%
$1,520,458
2%
2021
$18,720
—
$1,490,646
1%
2020
$18,670
1%
$1,475,362
2%
2019
$18,453
3%
$1,446,434
2%
2018
$17,910
1%
$1,418,073
2%
2017
$17,723
8%
$1,390,268
2%
2016
$16,462
4%
$1,363,009
2%
2015
$15,798
1%
$1,342,536
2%
2014
$15,686
3%
$1,316,238
—
2013
$15,201
—
$1,310,290
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Listed by WRE SoCal, Inc., Albert Morell

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1605 E 1st St, Long Beach, CA 90802 (MLS# 25588185) is a Multi-Family property with units containing 12 bedrooms and 0 full bathrooms. 1605 E 1st St is currently listed for $2,500,000 and was received on September 10, 2025. Want to learn more about 1605 E 1st St? Do you have questions about finding other Multi-Family real estate for sale in Long Beach? You can browse all Long Beach real estate or contact a Coldwell Banker agent to request more information.

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