2 months on rocket

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

$2,350,000

Home List Price

$10,000*

Closing Credit

0 Baths
Condo

Location

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833 E 1st St, Long Beach$2,350,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
Garage6 spaces
Year Built1922
MLS #PW24222778
Lot Size0.19 Acres
StatusActive

About 833 E 1st St

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.

Property Details

Property Features

Property Information:

  • Year Built: 1922
  • Stories: 2

Listing Office:

  • Office Name: Morgan Skenderian
  • Office Email: db@morganskenderian.com
  • Listing Agent: Damien Breaux

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Garage Space: 6 spaces

Lot Features

Lot Information:

  • Lot Size: 0.19 Acres

Other

Directions Information:

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

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,350,000

Tax Information:

  • Annual Amount: $7,993
  • Tax Year: 2021
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Housing Market Comparison

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

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Long Beach, CA

City

Med. Sold Price

$825.1K

Med. Price/SqFt

$633

Avg. Days On Market

35

# of Sold Homes

162

833 E 1st St vs Long Beach

60 DAYS ON ROCKET

+25 Days

$2,350,000

+$1.5M More

KEY TAKEAWAY

This property is $1.5M 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: #PW24222778

Listing Office:

  • Office Name: Morgan Skenderian
  • Office Email: db@morganskenderian.com
  • Listing Agent: Damien Breaux

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: 12/28/2024, 3:21:02 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Dec 24, 2001Home Sold
$395,000

Tax History

YEARPROP. TAXASSESSMENT
2021$7,993$540,120
2020$7,879$533,553
2019$7,587$523,092
2018$7,506$512,836
2017$7,506$502,781

History based on county public records data.

Payment Calculator

$11.7K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$7,112

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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-1920917
5
/10

  • Robert Louis Stevenson Elementary School

  • 515 Lime Ave

  • 0.41 miles

  • Public District Grades KG-5

school-card-donut-1920918
5
/10

  • Oropeza Elementary School

  • 700 Locust Ave

  • 0.77 miles

  • Public District Grades KG-5

school-card-donut-1920919
6
/10

  • Lincoln Elementary School

  • 1175 E 11th St

  • 0.96 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $39,565. Residents of Long Beach, CA typically earn between $35k-100k each year. The most common type of family is single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 833 E 1st St

What is the listing price of this property?

The listing price of 833 E 1st St property is $2,350,000.

What type of property is this?

The property 833 E 1st St is a condo located in Long Beach, California, 90802.

Is this property for sale now?

Active Listing: 833 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 $7,993 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on December 24, 2001 for $395,000. (source: MLS/tax record).

Which year was this property built?

The year of construction for 833 E 1st St is 1922.

Rocket Homes›California›Los Angeles County›Long Beach›90802›833 E 1st St

This home is located at 833 E 1st St in Long Beach, CA and zip code 90802 in the The Harbor neighborhood. This home, which was built in 1922, sits on a 0.19 acre lot. It has been listed on Rocket Homes since October 28, 2024 and is currently priced at $2,350,000.

While more than 66 listings in Long Beach, CA in November 2024 were sold above asking price, there were more than 32 listings sold at asking price, and more than 64 were sold below. Between October 2024 and November 2024, Long Beach, CA real estate market has seen decrease in the number of listings by 10.6%. In November 2024, listings were on the market for 35 days. During the same period, the median list price in this real estate market was $825,128.

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

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