List Search

1161 E 1st St
Long Beach, CA 90802 Downtown Long Beach

$3,195,000 USD

Apartments For Sale  •  10,556 SF

Property Details

  • Property Type Apartments
  • Total Building Size 10,556 SF
  • Lot Size 0.23 AC
  • Building Class C
  • Year Built 1920
  • Zoning LBR4R
60 Transit Score
60 Walk Score

Highlights

"A" Location - Corner Lot in Prime Alamitos Beach
Sizable Units, Larger than Typical for the Submarket
8 Garages + 2 Parking Spaces in Parking-Impacted Neighborhood
Over $250K in Capital Investment Completed
Individually Metered for Electric and Gas
6.22% In-Place Cap Rate / 7.36% Stabilized Cap Rate

Public Transportation

Transit/SubwayDriveWalkDistance
1St Street Station (Blue Line - Los Angeles County Metropolitan Transportation Authority (Metro)) 2 min 16 min 0.8 mi
Long Beach Transit Mall (Blue Line - Los Angeles County Metropolitan Transportation Authority (Metro)) 3 min 19 min 1.0 mi
AirportDriveWalkDistance
Long Beach (Daugherty Field) 11 min - 4.7 mi
John Wayne/Orange County 31 min - 20.9 mi
Los Angeles International 34 min - 23.5 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 10
Type: Surface
Included in Rent: Yes
Robert Stepp 310-463-2916 Stepp Commercial - KWPE
Robert Stepp 310-463-2916 Stepp Commercial - KWPE