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Shawn Bengtson

Office Broker - DRE 01236964

  • Office 760-805-7199
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1605 E 1st Street, Long Beach – $2,500,000

  • 5 Beds
  • 4 Baths
  • 4,971 Sqft
  • .19 Acres
  • 5 Beds
  • 4 Baths
  • 4,971 Sqft
  • .19 Acres

1605 E 1st Street

This coastal investment property is located within a historic district, minutes to the beach with small shops, coffee houses, restaurants, proximate to Marine Stadium, Alamitos Bay, and Naples Island. Convenient to public transportation and freeway access, with proximity to Cal State Long Beach. An incredible unit mix, consisting of a classic 3-bedroom/2-bath house, plus four newer condominium-style units, composed of three 3-bedroom/2-bath units and one 2-bedroom/2-bath unit. All units are separately metered and have upgraded appliances, including washers and driers. The property is well maintained and nicely landscaped, with a solar-camera security system. There are five tandem garages, offering two parking spaces per unit, a big plus in an area where parking is at a premium. PRICE REDUCED with a 6% CAP RATE!

Essential Information

  • MLS® #25588185
  • Price$2,500,000
  • Bedrooms5
  • Bathrooms4.00
  • Square Footage4,971
  • Acres0.19
  • Year Built1988
  • TypeResidential Income
  • StatusActive

Community Information

  • Address1605 E 1st Street
  • CityLong Beach
  • CountyLos Angeles
  • Zip Code90802

Area

4 - Downtown Area, Alamitos Beach

Amenities

  • Parking Spaces10
  • ParkingDoor-Multi, Garage, Tandem
  • # of Garages10
  • GaragesDoor-Multi, Garage, Tandem

Interior

  • HeatingFireplace(s)
  • CoolingNone
  • # of Stories2
  • StoriesTwo

Appliances

Dishwasher, Microwave, Refrigerator, Dryer, Washer

Additional Information

  • Date ListedSeptember 10th, 2025
  • Days on Market75
  • ZoningLBR4R

Listing Details

  • AgentAlbert Morell
  • OfficeWRE SoCal, Inc.
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Price Change History for 1605 E 1st Street, Long Beach, (MLS® #25588185)

Date Details Change
Price Reduced from $2,995,000 to $2,500,000 $495,000 (16.53%)
Price Reduced from $3,215,000 to $2,995,000 $220,000 (6.84%)

Albert Morell, WRE SoCal, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of November 24th, 2025 at 12:50pm PST. 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.