1509 E Ocean Blvd Long Beach, CA 90802
Alamitos Beach Neighborhood
5
Beds
5
Baths
6,492
Sq Ft
8,438
Sq Ft Lot
Highlights
- 0.19 Acre Lot
- Wood Flooring
- Wall Furnace
- Long Beach Polytechnic High School Rated A
- Laundry Room
About This Home
As of June 20191509 E Ocean is a beautiful, well-maintained, smartly upgraded 8-unit property across the street from the beach. Situated in Alamitos Beach, this coastal community is between Downtown Long Beach and Bluff Park, and close to everything Long Beach has to offer. These one bedroom units have been beautifully renovated while maintaining the original character. Front units are large and have stunning ocean views. Units have laundry hookups, recessed lights, gorgeous hardwood floors, large kitchens, tons of closets and plenty of space. Property includes five attached garages for additional income. Major building improvements completed in 2013, including renovation and systems upgrades. This property has been in the family for close to 100 years and has been lovingly taken care of like a family member.
Last Agent to Sell the Property
GE Dean and Associates License #01208517 Listed on: 02/28/2019
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1918
Lot Details
- 8,438 Sq Ft Lot
- 1 Common Wall
- Density is up to 1 Unit/Acre
Parking
- 5 Car Garage
Home Design
- 6,492 Sq Ft Home
- Property Attached
- Flat Roof Shape
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 5 Bedrooms
- 5 Bathrooms
Laundry
- Laundry Room
- Laundry in Kitchen
Additional Features
- Exterior Lighting
- Urban Location
- Wall Furnace
Listing and Financial Details
- Tenant pays for all utilities
- Tax Lot 19
- Tax Tract Number 5500
- Assessor Parcel Number 7265014018
Community Details
Overview
- 2 Buildings
- 8 Units
Building Details
- 8 Leased Units
- 8 Separate Electric Meters
- 8 Separate Gas Meters
- 8 Separate Water Meters
- Gardener Expense $1,750
- Insurance Expense $3,420
- Pest Control $900
- Trash Expense $640
- Water Sewer Expense $930
- New Taxes Expense $35,842
- Operating Expense $19,385
- Gross Income $213,984
- Net Operating Income $19,385
Similar Homes in Long Beach, CA
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/04/2022 04/04/22 | Rented | $1,900 | +5.8% | -- |
| 04/02/2022 04/02/22 | For Rent | $1,795 | 0.0% | -- |
| 04/01/2022 04/01/22 | Off Market | $1,795 | -- | -- |
| 03/23/2022 03/23/22 | For Rent | $1,795 | 0.0% | -- |
| 06/26/2019 06/26/19 | Sold | $3,025,000 | -5.1% | $466 / Sq Ft |
| 04/20/2019 04/20/19 | Pending | -- | -- | -- |
| 02/28/2019 02/28/19 | For Sale | $3,186,000 | -- | $491 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
Agents Affiliated with this Home
-
T
Seller's Agent in 2022
Tom Chou
Win Newt Inc
(714) 317-0040
4 Total Sales
-
Seller's Agent in 2019
Eileen Rivera
GE Dean and Associates
(562) 688-9809
1 in this area
82 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: RS19045269
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