1209 E 1st St

Prime 4-Unit income property near the beach featuring four spacious 1-bedroom, 1-bathroom units just steps from the sand in the thriving Long Beach market.

Separate free standing 2-car garage in the back with sewer line that runs directly under allowing for a convenient conversion into a 2 bed 1 bath ADU(open parking available at end of driveway). GRM on market rents of 14.5X, 11.6X after ADU conversion. Three units recently remodeled. All units are 800 sqft+ and have their own laundry room A great option for a savvy investor looking to buy and hold in a prime location with the potential to greatly increase income with the addition of the ADU.

This home located at 1209 E 1st ST is currently active and has been available on pardeeproperties.com for 17 days. This property is listed at $1,599,000. It has 4 beds and 0 bathrooms. The property was built in 1912. 1209 E 1st ST is in the Downtown Area, Alamitos Beach community of Los Angeles County.

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