ActiveCondominium

1227 E 1st Street 2C

Long Beach, CA, 90802

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$365,000

MLS: PW26114793

Beds

1

Baths

1

Sq Ft

668

Lot

0.17 ac

Year Built

1961

MLS #

PW26114793

Days on Market

16

Listed

May 30, 2026

Description

Welcome to this charming and move-in ready 1-bedroom, 1-bath upstairs condo in the desirable Alamitos Beach neighborhood, just two blocks from the sand. This spacious home is filled with natural light thanks to large newer windows that invite in wonderful ocean breezes. Thoughtfully updated with laminate flooring, a new electric wall heater, two ceiling fans, and newer blinds, the home blends comfort and functionality with timeless character. The kitchen and bathroom are impeccably maintained and full of charm. Ample storage throughout includes double mirrored closets and additional built-in storage space. Located in a small, well-kept complex with low HOA dues the community also features a newer roof installed in 2023. Enjoy being part of all Alamitos Beach has to offer including the beach, bike path, Bixby Park, dog park, Broadway corridor, downtown nightlife, great restaurants, shopping, and entertainment. Conveniently located just a short distance from Belmont Shore, this is a fantastic opportunity to own a clean, well-cared-for beach-close home in one of Long Beach’s most vibrant coastal neighborhoods.

Location

Long Beach, Los Angeles County, CA 90802

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Listed by: Nikki Olson · Coldwell Banker Realty

Payment estimate

$3,098

/ month (est.)

Principal, interest, taxes, and insurance + PMI + HOA. Down payment: $36,500 · Loan: $328,500

%

Average 30-yr fixed rate 6.52% as of Jun 11, 2026 (Freddie Mac PMMS). Adjust to your quote.

$/ mo
Principal & Interest
$2,081
Property tax (1.25%)
$380
Homeowners insurance
$300
Mortgage insurance
$137
HOA dues
$200
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Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.

Today's Rates

As of Jun 11, 2026

30-year fixed
6.52%
15-year fixed
5.84%

Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.

About the area · Mike Watson

About the Antelope Valley

The Antelope Valley spans Lancaster, Palmdale, Quartz Hill, Rosamond, Lake Los Angeles, California City, Edwards AFB, and the Plant 42 aerospace corridor. Mike Watson is a lifelong AV resident and the #1 producing individual Realtor in the region by transaction count. Every active listing on this site is paired with a free market analysis tailored to the specific street, honest financing guidance (FHA, VA, USDA, CalHFA, conventional, and assumable loans where the financing supports it), and side-by-side comparisons against the rest of the active inventory in your target ZIP.

Financing Options

FHA Financing — 3.5% Down

First-time and repeat buyers can purchase this Long Beach home with as little as 3.5% down using an FHA loan — roughly $12,775 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.

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Local Market Stats

See Long Beach, CA 90802 market trends →

Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.

#1 Producing Individual Realtor — Antelope Valley

Only large teams outsell Mike Watson · Keller Williams Realty

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Listing data provided by the MLS · Presented by Watson & Associates · Keller Williams Realty · mikewatsonrealtor.com
All information deemed reliable but not guaranteed. Contact listing agent to verify.