10 days on rocket

1237 E 1st St, Long Beach, CA, 90802

$6,850,000

0 Baths
Condo

Location

Image provided by Mapbox

Property Highlights

Home TypeCondominium
Year Built2023
HeatingWall Furnace
CoolingNone
MLS #PW24227280
Lot Size0.19 Acres
StatusActive

About 1237 E 1st St

This property is an 18-unit, fully stabilized, and turnkey apartment complex located in the sought-after Alamitos Beach area. The property has seen an investment of over $1,165,000 and has undergone a complete renovation, down to the studs. The entire building was rebuilt, including new floors, windows, interiors, exterior stucco, plumbing, electrical and mechanical systems, and more. Each unit was completely remodeled with high-end finishes. The renovations led by an interior designer, include features such as recessed and custom lighting, brand-new kitchens and bathrooms, stainless steel appliances, and in-unit washers and dryers.

Property Details

Property Features

Property Information:

  • Year Built: 2023
  • Stories: 2

Listing Office:

  • Office Name: Sage Real Estate
  • Office Phone: (562) 307-0838
  • Listing Agent: Juan Huizar

Exterior Features

Exterior Information:

  • Private Pool: No

Lot Features

Lot Information:

  • Lot Size: 0.19 Acres

Utilities

Utilities Information:

  • Heating: Wall Furnace
  • Cooling: None

Other

Directions Information:

  • Directions: Orange Ave & E. 1st Street

Price Information

Listing Price Info

Price Summary:

  • List Price: $6,850,000

Tax Information:

  • Annual Amount: $7,784
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Long Beach, CA.

Med. Sold Price

$824.6K

Med. Price/SqFt

$633

Avg. Days On Market

34

# of Sold Homes

212

1237 E 1st St vs Long Beach

10 DAYS ON ROCKET

-24 Days

$6,850,000

+$6.0M More

KEY TAKEAWAY

This property is $6.0M more than the Median Sold Price in Long Beach, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #PW24227280

Listing Office:

  • Office Name: Sage Real Estate
  • Office Phone: (562) 307-0838
  • Listing Agent: Juan Huizar

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/17/2024, 8:20:56 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$7,784$430,183
2020$7,670$424,585
2019$7,400$416,261
2018$7,316$408,100
2017$7,316$400,099

History based on county public records data.

Payment Calculator

$34.2K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$20.6K

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-360960
5
/10
  • Robert Louis Stevenson Elementary School

  • 515 Lime Ave

  • 0.63 miles

  • Public District Grades KG-5

school-card-donut-360961
6
/10
  • Burbank Elementary School

  • 501 Junipero Ave

  • 0.79 miles

  • Public District Grades KG-5

school-card-donut-360962
6
/10
  • Lincoln Elementary School

  • 1175 E 11th St

  • 0.98 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $43,910. Most Long Beach, CA residents have annual incomes between $35k-100k. Typical family type is single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1237 E 1st St

What is the listing price of this property?

The listing price of 1237 E 1st St property is $6,850,000.

What type of property is this?

The property 1237 E 1st St is a condo located in Long Beach, California, 90802.

Is this property for sale now?

Active Listing: 1237 E 1st St is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $7,784 (source: MLS/based on county public records data).

Which year was this property built?

The year of construction for 1237 E 1st St is 2023.
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Rocket HomesCaliforniaLos Angeles CountyLong Beach908021237 E 1st St

This home is located at 1237 E 1st St in Long Beach, CA and zip code 90802 in the The Harbor neighborhood. This home, which was built in 2023, sits on a 0.19 acre lot. It has been listed on Rocket Homes since November 06, 2024 and is currently priced at $6,850,000.

While more than 94 listings in Long Beach, CA in October 2024 were sold above asking price, there were more than 35 listings sold at asking price, and more than 83 were sold below. The number of listings in Long Beach, CA decreased by 0.1% between September 2024 and October 2024. The median list price of listings available in October 2024 was $824,667, while the average time on the real estate market was 34 days.

From Rocket Homes Real Estate and based on county public records data.

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