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$1,850,000
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Property Description
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.
Full Property Details
Full Property Details for 833 E 1st St
General
- Sold For: $1,850,000
- Status: Closed
- Type: Multi-Family
- Source: MRMLS
- MLS ID: PW24222778
- Added to Site: 445 day(s) ago
Rooms
Other Rooms
- Laundry: Community
Additional Information
- Pool Description: None
Parking
- Garage Spaces: 6
Location
- Area: 4 - Downtown Area, Alamitos Beach
- County: Los Angeles
- Development Name: 4 - Downtown Area, Alamitos Beach
- Driving Directions: North of E. Ocean Blvd. and East of Alamitos Ave.
Utilities
- Sewer: Public Sewer
- Water: Public
- # Water Meters: 1
- # Gas Meters: 9
- # Electric Meters: 9
Structural Information
- Entry Location: 1
- Stories/Levels: Two
- Stories Description: Two
- Square Feet: 6,087
- Year Built: 1922
Unit Information
Unit 1
- Number of Units: 1
- Total Bathrooms: 1
Unit 2
- Number of Units: 8
- Total Bathrooms: 1
- Bedrooms: 1
Unit 3
- Number of Units: 1
- Total Bathrooms: 2
- Bedrooms: 3
Lot Features
- Lot Size (Acres): 0.1895
- Lot Size Source: Assessor
- Zoning: LBR4R
- Lot Description: Lot 6500-9999
Financial Considerations
- Price Per Sq. Ft.: $303.93
- Price Per Unit: 199500
Listed by Morgan Skenderian, Damien Breaux and Morgan Skenderian, Rick Applebaum
Sold by Morgan Skenderian, Damien Breaux
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Schools
Schools serving 833 E 1st St
School District:Long Beach Unified School District
| Name | Grades | Distance |
|---|---|---|
Stevenson Elementary School 515 Lime Avenue, Long Beach, CA 90802 | K-5 | 0.4 mi |
Franklin Classical Middle School 540 Cerritos Avenue, Long Beach, CA 90802 | 6-8 | 0.5 mi |
Polytechnic High School, Long Beach, CA 1600 Atlantic Ave., Long Beach, CA 90813 | 9-12 | 1.3 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 833 E 1st St
Date
Details
Price
Change
Source
12/22/2025
Sold
$1,850,000
-7.27%
MLS
9/22/2025
Price Reduced
$1,995,000
-4.77%
MLS
5/19/2025
Price Reduced
$2,095,000
-6.47%
MLS
1/30/2025
Price Reduced
$2,240,000
-4.68%
MLS
10/28/2024
Listed
$2,350,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
833 E 1st Street, Long Beach, CA 90802 (MLS# PW24222778) is a Multi-Family property that was sold at $1,850,000 on December 22, 2025. Want to learn more about 833 E 1st Street? 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.

