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Listed by Mark Perez • Circle Real Estate
$ 2,399,000
Est. payment /mo
Pending
1123 East Ocean Blvd Long Beach, CA 90802
3,816 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Pending
Purchase Type For Sale
Square Footage 3,816 sqft
Price per Sqft $628
MLS Listing ID RS-25102456
Year Built 1915
Lot Size 8,276 Sqft
Property Sub-Type Quadruplex
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
Interior
Laundry Common Area
Exterior
Parking Features None
Garage Spaces 5.0
Pool None
Community Features Curbs, Sidewalks
Building
Lot Description Yard, 0-1 Unit/Acre
Sewer Sewer Paid