1123 Ohio Ave Long Beach, CA 90804
Rose Park NeighborhoodHighlights
- Gated Parking
- No HOA
- Wrought Iron Fence
- Woodrow Wilson High School Rated A
- Laundry Room
- East Facing Home
About This Home
Perfectly located huge 1972 built Eastside Triplex with 100% large two story 3 bed, 1.5 bath townhome style units. Exterior refresh just completed plus all three units renovated since 2023 with new floors, finishes, and in-unit laundry. Huge parking lot in rear with parking for 7 cars. Excellent metrics at 12.6X GRM on actuals and a 5.2% in place cap rate with upside to an 11.7X GRM and cap rate of 5.7% at market rents. Quiet residential location in the Zaferia neighborhood only 2 blocks from the design district. One block from the historic Rose Park neighborhood. Just minutes from Cal State Long Beach, Traffic Circle retail, and the beach.
Listing Agent
Buckingham Investments, Inc Brokerage Phone: 310-561-4776 License #01908153 Listed on: 02/16/2026
Co-Listing Agent
Buckingham Investments, Inc Brokerage Phone: 310-561-4776 License #02035659
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1972
Lot Details
- 5,855 Sq Ft Lot
- Two or More Common Walls
- East Facing Home
- Wrought Iron Fence
- Wood Fence
- Chain Link Fence
- Rectangular Lot
Home Design
- Triplex
- Entry on the 1st floor
- Composition Roof
- Stucco
Interior Spaces
- 3,720 Sq Ft Home
- 2-Story Property
- Laminate Flooring
Kitchen
- Gas Oven
- Gas Range
Bedrooms and Bathrooms
- 9 Bedrooms
- All Upper Level Bedrooms
- 6 Bathrooms
Laundry
- Laundry Room
- Laundry in Kitchen
Parking
- 7 Open Parking Spaces
- 7 Parking Spaces
- Parking Available
- Gated Parking
- Paved Parking
Location
- Urban Location
Utilities
- Wall Furnace
- Natural Gas Connected
Listing and Financial Details
- Tax Lot 20
- Tax Tract Number 5769
- Assessor Parcel Number 7260028019
- $868 per year additional tax assessments
- Seller Considering Concessions
Community Details
Overview
- No Home Owners Association
- 3 Units
Building Details
- Rent Control
- 3 Separate Electric Meters
- 3 Separate Gas Meters
- 1 Separate Water Meter
- Gardener Expense $700
- Insurance Expense $4,650
- Maintenance Expense $3,420
- Pest Control $914
- Professional Management Expense $5,616
- Water Sewer Expense $1,401
- New Taxes Expense $18,625
- Operating Expense $35,531
- Gross Income $118,032
- Net Operating Income $76,780
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 | $16,619 | $1,300,500 | $728,280 | $572,220 |
| 2024 | $16,619 | $1,275,000 | $714,000 | $561,000 |
| 2023 | $4,068 | $263,440 | $127,727 | $135,713 |
| 2022 | $3,841 | $258,275 | $125,223 | $133,052 |
| 2021 | $3,741 | $253,212 | $122,768 | $130,444 |
| 2019 | $3,689 | $246,304 | $119,128 | $127,176 |
| 2018 | $3,500 | $241,488 | $116,793 | $124,695 |
| 2016 | $3,202 | $231,535 | $112,258 | $119,277 |
| 2015 | $3,006 | $228,058 | $110,572 | $117,486 |
| 2014 | $3,001 | $223,592 | $108,407 | $115,185 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 02/16/2026 02/16/26 | For Sale | $1,490,000 | +19.2% | $401 / Sq Ft | |
| 02/24/2023 02/24/23 | Sold | $1,250,000 | -10.4% | $336 / Sq Ft | View Prior Sale |
| 01/06/2023 01/06/23 | Pending | -- | -- | -- | |
| 11/29/2022 11/29/22 | Price Changed | $1,395,000 | -3.8% | $375 / Sq Ft | |
| 10/23/2022 10/23/22 | Price Changed | $1,450,000 | -7.0% | $390 / Sq Ft | |
| 09/03/2022 09/03/22 | For Sale | $1,559,000 | -- | $419 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | -- | None Listed On Document | |
| Grant Deed | $165,000 | Fidelity National Title Ins | |
| Trustee Deed | $180,943 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $148,500 | Seller Take Back |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB26033659
APN: 7260-028-019
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
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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Ask me questions while you tour the home.