1123 E Ocean Blvd Long Beach, CA 90802
Alamitos Beach NeighborhoodEstimated payment $13,995/month
Highlights
- 0.19 Acre Lot
- Private Yard
- Laundry Room
- Long Beach Polytechnic High School Rated A
- No HOA
About This Home
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.
Listing Agent
Circle Real Estate Brokerage Phone: 562-754-0660 License #01279393 Listed on: 05/24/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $14,555
Year Built
- Built in 1915
Lot Details
- 8,276 Sq Ft Lot
- Two or More Common Walls
- Private Yard
- Density is up to 1 Unit/Acre
Parking
- 5 Car Garage
Home Design
- Quadruplex
- Entry on the 1st floor
Interior Spaces
- 3,816 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 9 Bedrooms
- 8 Bathrooms
Laundry
- Laundry Room
- Leased Washer and Dryer
Utilities
- Sewer Paid
Listing and Financial Details
- Tax Lot 040
- Tax Tract Number 9
- Assessor Parcel Number 7165009040
Community Details
Overview
- No Home Owners Association
- 4 Units
Amenities
- Laundry Facilities
Building Details
- 5 Separate Electric Meters
- 1 Separate Water Meter
- Gross Income $102,000
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $14,555 | $1,925,000 | $1,300,000 | $625,000 |
| 2024 | $14,555 | $1,098,373 | $631,251 | $467,122 |
| 2023 | $14,311 | $1,076,837 | $618,874 | $457,963 |
| 2022 | $13,440 | $1,055,724 | $606,740 | $448,984 |
| 2021 | $13,163 | $1,035,025 | $594,844 | $440,181 |
| 2019 | $12,976 | $1,004,327 | $577,201 | $427,126 |
| 2018 | $12,611 | $984,635 | $565,884 | $418,751 |
| 2016 | $11,596 | $946,403 | $543,911 | $402,492 |
| 2015 | $11,133 | $932,188 | $535,741 | $396,447 |
| 2014 | $10,791 | $890,000 | $656,700 | $233,300 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/04/2025 06/04/25 | Pending | -- | -- | -- |
| 05/24/2025 05/24/25 | For Sale | $2,399,000 | +43.2% | $629 / Sq Ft |
| 11/05/2024 11/05/24 | Sold | $1,675,000 | -14.1% | $439 / Sq Ft |
| 10/08/2024 10/08/24 | Pending | -- | -- | -- |
| 07/23/2024 07/23/24 | For Sale | $1,950,000 | -- | $511 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $1,675,000 | California Title | |
| Grant Deed | -- | Accommodation | |
| Grant Deed | -- | Southland Title Corporation | |
| Interfamily Deed Transfer | -- | Fidelity National Title Co | |
| Interfamily Deed Transfer | -- | -- | |
| Grant Deed | $57,745 | United Title Company | |
| Grant Deed | $57,745 | United Title | |
| Grant Deed | $57,745 | United Title Company | |
| Grant Deed | $57,745 | United Title | |
| Grant Deed | $57,745 | United Title | |
| Grant Deed | $57,745 | United Title | |
| Gift Deed | -- | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | $35,000 | Gateway Title | |
| Interfamily Deed Transfer | -- | Gateway Title Co | |
| Interfamily Deed Transfer | -- | Gateway Title |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,717,500 | Construction | |
| Previous Owner | $498,400 | New Conventional | |
| Previous Owner | $100,000 | Unknown | |
| Previous Owner | $750,000 | Unknown | |
| Previous Owner | $357,000 | No Value Available | |
| Previous Owner | $356,000 | Unknown | |
| Previous Owner | $356,000 | Unknown | |
| Previous Owner | $333,335 | FHA |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: RS25102456
APN: 7265-009-040
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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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