Realtor & Mortgage Lender | License ID: DRE# 02220198 | NMLS# 2373880
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$ 1,388,800
$ 1,495,000 7.1%
8,197 Sqft Lot
$ 1,388,800
$ 1,495,000 7.1%
8,197 Sqft Lot
Key Details
Sold Price $1,388,800
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Subdivision Alamitos Beach (Ab)
MLS Listing ID PW25062276
Sold Date 06/05/25
HOA Y/N No
Year Built 1913
Lot Size 8,197 Sqft
Property Sub-Type Duplex
Property Description
Located in the heart of Alamitos Beach, about a block from the sand, this well-maintained Craftsman-style duplex at 1054 E 1st Street is an ideal opportunity for an owner-occupant or an investor looking to maximize returns with potential ADU additions.
The property features two detached homes on a large, 8,298 sq foot lot. The front home is a spacious three-bedroom, two-bath unit, currently vacant and recently updated with a refreshed kitchen, new wall heaters, updated flooring, and fresh blinds throughout. One of the bathrooms has been re-glazed. The rear home is an occupied two-bedroom, one-bath unit. Both homes have brand-new roofs that were completely torn off and replaced just a few months ago. A new water heater provides reliable service for both units. The exterior has been freshly painted, and the landscaping has been redesigned for a low-maintenance, attractive curb appeal.
Nestled in Alamitos Beach, one of Long Beach's most desirable neighborhoods, this property offers the perfect blend of coastal living and urban convenience. Just east of downtown, the area is known for its lively dining and nightlife scene, with some of the city's best restaurants, bars, and cafés along Fourth Street and Broadway.
Whether you're looking to live in one unit and rent the other or expand your portfolio with a property that offers strong rental potential and room for future growth, this duplex presents an outstanding opportunity.
Location
State CA
County Los Angeles
Area 4 - Downtown Area, Alamitos Beach
Zoning LBR4R
Interior
Fireplace No
Laundry Inside
Exterior
Pool None
Community Features Sidewalks
Total Parking Spaces 4
Private Pool No
Building
Lot Description Rectangular Lot
Story 1
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 7265003008
Acceptable Financing Conventional
Listing Terms Conventional
Financing Conventional
Special Listing Condition Standard
Bought with Paul Chang • T.N.G. Real Estate Consultants
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "