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Listed by Mark Perez • Circle Real Estate
$ 2,399,000
Est. payment /mo
Pending
1123 E Ocean Blvd Long Beach, CA 90802
8,276 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Pending
Purchase Type For Sale
MLS Listing ID CRRS25102456
Year Built 1915
Lot Size 8,276 Sqft
Property Sub-Type Fourplex
Source California Regional MLS
Property Description
Situated in the highly sought-after Alamitos Beach community just steps from the sand, this fully remodeled four-unit property offers a rare investment opportunity in a true excelent location. Two of the units feature unobstructed ocean views, while the entire building has an early 1900s architecture, high ceilings, and bright, spacious layouts. The property sits on an expansive 8,200+ sq. ft. R-4-R zoned lot, offering future development potential, and includes one 3-bedroom/2-bath unit, three 2-bedroom/2-bath units, five garages in a single-story structure, and a large backyard. Plans have already been submitted for two 1,200 sq. ft. ADUs, which would significantly boost rental income and long-term value. With a secure entry, on-site laundry, and countless recent upgrades, this is a turnkey asset in one of Long Beach's most desirable neighborhoods-ideal for investors ready to maximize returns.
Location
State CA
County Los Angeles
Area 699 - Not Defined
Interior
Laundry Laundry Area, Washer/Dryer - Leased
Exterior
Parking Features No Parking
Garage Spaces 5.0
Pool None
Building
Sewer Sewer Available
Water District - Public
Others
Tax ID 7165009040
Special Listing Condition Not Applicable
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