Opening page…
Closed
- Listed price
- $2,800,000
- Listed Jul 13, 2020
- Sold price
- $2,650,000
- Sold Dec 16, 2020
5,003 sqft lot|1919 Built|126 days listed
1000 E 1st St, Long Beach, CA 90802
Property Description
We are pleased to present 1000 East 1st Street, a 8 unit investment property in Long Beach, California. The property is located between Bonito and Cerritos Avenues. The property is in an ideal Long Beach location, a block away from the beach and a few blocks away from Shoreline Village. 1000 East 1st Street consists of five 1 Bedroom 1 Bathroom units and three 2 Bedroom 1 Bathroom Units. All of the units are separately metered for gas and electricity. This offering presents a great opportunity for an investor to acquire an asset with steady cash flow in a strong rental market with the potential to capture upside in rents. 20% Affordability Gap ---- Potential 17% Increase in NOI ---- Walkers Paradise 91 Walk Score ---- One Block away from the beach --- Blocks from Shopping and dining at Shoreline Village and Pike Outlets ---- Close to the Queen Mary and the Promenade. Contact agent for marketing package.
Listing agent: Shane YoungDRE #01963090shane.young@marcusmillichap.com, Listing office: Marcus & Millichap
MLS data updated 10/21/2026, 6:23:27 PM PT
Source: CRMLSMLS #: PW20137903
Belmont insights
Price & property history
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Last recorded sale$2,650,000
Dec 16, 2020
Available records32020
From MLS recordsActual listing and closing events
Prices use the left axis; mortgage rates use the right. Hover, tap, or focus the chart and use the arrow keys. Red SOLD badges mark recorded sales.
This home · nearest recorded event
No recordNo property-price record in this range.ZIP 90802 · Oct 2026
No monthly averageAt least 3 eligible sales in this month are required.30-year fixed mortgage benchmark
No weekly rateNo published rate within 7 days of this date.This home · 0 price recordsNo records in this period
ZIP 90802 · same property typeThis MLS property type has no exact comparison group.
Freddie Mac · national weekly ratesLoading mortgage-rate history…
Recorded sales in this period (0)
No recorded sales in this range. Select All available for older records; missing records do not mean the home never sold.
ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
View listing & sale records
No earlier records were returned by our current sources. This does not mean the home has never sold.
MLS records may be incomplete. Earlier asking prices are not sale prices.