$2,100,000

1317 E 1st, Long Beach, CA 90802

4 beds |
4 baths

Multi-Family Home
Built in ——
8,263sqft lot
—— car garage
$——/sqft
Listed 1 month ago

Property Description

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 spacesan 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

Listing Status:: Active
Date Added:: August 26, 2026
Data Last Updated:: October 8, 2026 at 11:11PM
Listing Office:: Keller Williams Realty Downey : 562-334-1500
Listing Agent:: Robert Stepp : 310-463-2916
MLS ID:: PW26186315

Pool: N/K

Originating MLS: California Regional MLS
County: Los Angeles

Zoning: Assessor7265012019

Source: California Regional MLS

This listing courtesy of Robert Stepp , Keller Williams Realty Downey

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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