ActiveOwnYourOwn

930 E 1st

Long Beach, CA, 90802

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$265,000

MLS: SW26083484

Beds

0

Baths

1

Sq Ft

377

Lot

0.26 ac

Year Built

1955

MLS #

SW26083484

Days on Market

1

Listed

Apr 17, 2026

Description

A rare opportunity to own a beautifully reimagined studio apartment just moments from the sand in the highly desirable Alamitos Beach area. Thoughtfully renovated in 2024–2025, this studio unit blends modern comfort with effortless coastal living. Step inside to discover a stunning, fully updated kitchen designed with both style and function in mind—featuring sleek stainless steel appliances, shaker-style cabinetry, a deep basin stainless steel sink, commercial-style pull-down faucet, quartz countertops, and tasteful hardware that elevates the space. Tasteful luxury vinyl flooring flows throughout, offering warmth, durability, and easy maintenance. The updated bathroom showcases tiled shower walls and tub and a single sink vanity with upgraded cabinetry for added storage and convenience. Generously sized closets provide excellent storage space, while a near new mini-split system delivers efficient heating and cooling year-round. The community continues to improve with fresh exterior paint currently on the schedule with an estimated completion date of May 1, 2026 shortly after a professional landscaper will be consulted to update all garden areas in the common area. Newly installed fascia boards and rain gutters all already completed. Additional areas include the common area court yard and community laundry room. Perfectly located just a few blocks from the beach, this studio offers the ideal blend of coastal charm and city convenience. Street parking only Please note: This is an Own Your Own (cooperative-style) apartment. Financing is limited and typically available to owner-occupant buyers. Cash purchase required for investor buyers. Buyer to verify financing options with lender.

Location

Long Beach, Los Angeles County, CA 90802

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Listed by: Ana Hlavnicka · WSR Real Estate Inc.

Payment estimate

$2,141

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $26,500 · Loan: $238,500

%
Principal & Interest
$1,465
Property tax (1.25%)
$276
Homeowners insurance
$300
Mortgage insurance
$99
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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 Apr 23, 2026

30-year fixed
6.23%
15-year fixed
5.58%

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

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 $9,275 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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