1123 E Ocean Boulevard
Long Beach, CA 90802
- – beds
- – baths
- – sqft
- 8,276 sqft lot
- 1915 build
- – on site
More homes
Located in the coveted Alamitos Beach community, just steps from the sand, this Trophy Location boasts two units with unobstructed ocean views. The building at 1123 E Ocean Blvd is a charming example of early 1900s architecture, complete with high ceilings, built-in cabinetry, hardwood floors, and spacious, light-filled floor plans. This four-unit property occupies an 8,200 square foot lot zoned R-4-R, allowing moderate density with height restrictions. It comprises three one-bedroom apartments, one two-bedroom apartment, and a single-story structure housing five garages. Additionally, there's a storage shed in the expansive yard behind the units. The opportunity to construct two more ADU units could significantly increase income and property value. Tenants are responsible for their gas and electricity, while the landlord covers water and trash services. A laundry room is conveniently located on the ground floor within the secure entryway. Fully capitalizing on this property's potential could boost net income by over 120%, establishing it as a premier Pride of Ownership asset.
Listed By CRMLS_CA / Mike Marcu / Mike Marcu, Broker / 562-260-0940
Last checked:
Checking…
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Last updated Nov 5, 2024
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MLS# OC24150606 —
The Building
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Year Built:1915
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Year Built Source:Assessor
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New Construction:No
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Entry Level:1
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Common Walls:2+ Common Walls
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Building Area Total:3816.00
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Building Area Units:Square Feet
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# of Buildings:1
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Total Number Of Units:4
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Stories Total:2
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# of Separate Gas Meters:5
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# of Separate Water Meters:1
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# of Separate Electric Meters:5
Interior
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Entry Location:Front
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Laundry:Common Area
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Laundry:1
Location
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Directions:Alamitos to Ocean Blvd East to Subject
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Latitude:33.76616800
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Longitude:-118.17854100
The Property
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Property Type:Residential Income
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Subtype:Quadruplex
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Lot Features:31-35 Units/Acre, Back Yard, Yard
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Lot Size Area:0.1900
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Lot Size Acres:0.1900
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Lot Size SqFt:8276.40
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Lot Size Source:Assessor
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Property Attached:1
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Additional Parcels:No
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Land Lease:No
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Tract:009
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Tax Lot:040
The Listing
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Special Listing Conditions:Standard
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Parcel Number:7165009040
Utilities
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Sewer:Sewer Paid
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Water Source:Public
The Community
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Senior Community:No
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Features:Curbs
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Pool:None
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Private Pool:No
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Association:No
Parking
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Parking:No
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Parking:None
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Parking Spaces:5.00
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Garage Spaces:5.00
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
11/5/24
Nov 5, 2024
|
Sold | CRMLS_CA | $1,675,000 | -14.1% |
10/9/24
Oct 9, 2024
|
Pending | CRMLS_CA | $1,950,000 | |
7/23/24
Jul 23, 2024
|
Listed / Active | CRMLS_CA | $1,950,000 |