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.
Property Details
Price:
$2,399,000
MLS #:
RS25102456
Status:
Active
Baths:
0
Address:
1123 E Ocean Blvd
Type:
Residential Income
Subtype:
Quadruplex
Neighborhood:
699notdefined
City:
Long Beach
Listed Date:
May 16, 2025
State:
CA
ZIP:
90802
Lot Size:
8,276 sqft / 0.19 acres (approx)
Year Built:
1915
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Schools
Interior
Exterior
Community Features
Curbs, Sidewalks
Garage Spaces
5.00
Lot Features
0-1 Unit/ Acre, Yard
Parking Features
None
Parking Spots
5.00
Pool Features
None
Sewer
Sewer Paid
Stories Total
2
Water Source
Public
Financial
Association Fee
0.00
Map
Community
- Address1123 E Ocean Blvd Long Beach CA
- Area699 – Not Defined
- CityLong Beach
- CountyLos Angeles
- Zip Code90802
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1123 E Ocean Blvd
Long Beach, CA
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