833 E 1st Street Long Beach, CA ^$ 1,995,000

833 E 1st Street

^$ 1,995,000

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833 E 1st Street

Long Beach, CA, 90802

^$ 1,995,000

Studio Baths1.0 Sq 6,087

Monthly Estimate*

^$ 12,446

Listed by Morgan Skenderian

833 E 1st Street, Long Beach, CA 90802 - Image 1

833 E 1st Street, Long Beach, CA 90802 - Image 2

833 E 1st Street, Long Beach, CA 90802 - Image 3

833 E 1st Street, Long Beach, CA 90802 - Image 4

833 E 1st Street, Long Beach, CA 90802 - Image 5

833 E 1st Street, Long Beach, CA 90802 - Image 6

833 E 1st Street, Long Beach, CA 90802 - Image 7

833 E 1st Street, Long Beach, CA 90802 - Image 8

833 E 1st Street, Long Beach, CA 90802 - Image 9

833 E 1st Street, Long Beach, CA 90802 - Image 10

833 E 1st Street, Long Beach, CA 90802 - Image 11

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Studio

Multi-Family Home for sale in Long Beach, CA

for $1,995,000 with 1 full bath. This 6,087 square foot home was built in 1922 on a lot size of 0.1895.

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.

Multi-Family Pending

Price

^$ 1,995,000

Bedrooms

Studio

Full Bath

Property Type

Multi-Family

Taxes

^$ 28,039

Style

Lot Size

0.1895

Year Built

1922

Town/City

Long Beach

County/Region

Los Angeles

MLS | Web ID

PW24222778

Days on Market

417

Features

General

Sewer Public Sewer

Zoning LBR4R

Garage Spaces 6

Pool Features None

Year Built 1922

Stories Count 2

Levels Two

Property Subtype Apartment

Gross Income 7200

Community Features Curbs Gutter(s) Sidewalks

County Los Angeles

Net Operating Income 127840

Operating Expense 54093

Insurance Expense 6696

New Construction false

Property Type Residential Income

MaintenanceExpense 9097

Subdivision Name Downtown (DT)

Garage Y/N true

Special Listing Conditions Standard

Status Pending

Directions North of E. Ocean Blvd. and East of Alamitos Ave.

City Long Beach

Entry Location 1

Senior Community Y/N false

Number Of Units Total 10

MLS Area 4 - Downtown Area Alamitos Beach

Lot Size Units Square Feet

Lot Size Square Feet 8255

Listing Terms Cash Cash to New Loan Conventional

Property Attached Y/N false

Land Lease Y/N false

Tax Annual Amount 28039

Electric Expense 2045

Fuel Expense 2045

Trash Expense 2045

Water Sewer Expense 2045

Additional Parcels Y/N false

Rent Control Y/N true

Building Area Units Square Feet

Standard Status Pending

Year Built Source Assessor

Tax Lot 16

Total Actual Rent 15030

Property Sub Type Additional Apartment

Taxes 28039

Cap Rate 6.4

Interior

Total Stories 2

Common Walls No Common Walls

Laundry Features Common Area

Entry Level 1

Exterior

Water Source Public

Total Parking 6

Lot Size Area 8255

Number of Buildings 2

Building Area Total 6087

Lot Size Acres 0.1895

Private Pool false

Lot Size Source Assessor

Number of Separate Water Meters 1

Number of Separate Gas Meters 9

Number of Separate Electric Meters 9

* Excluded Features

List By

Morgan Skenderian

Broker

db@morganskenderian.com

Affordability Calculator

$14,783

Per Month

Monthly Principal & Interest: $12,446
Monthly Property Taxes: $2,337
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Long Beach, CA

Average List Price ^$1,854,919

Percent of Sale Price 7%

About Long Beach, CA

470,090 Population

2% Since 2002

^$57,916 Median Income

35.78 Median Age

30% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4827338 Elementary School

4827337 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
11/20/2025	$1,995,000		Listed Price

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833 E 1st Street, Long Beach, CA, 90802 is a Multi-Family Home for sale at $1,995,000 with 6,087 sqft and a lot size of 0.1895. 833 E 1st Street is a studio with 1.0 baths and was built in 1922. The property's zip code is 90802 which is in Long Beach, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 12/18/2025. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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833 E 1st Street

Multi-Family Home for sale in Long Beach, CA

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