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$2,550,000
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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.
Full Property Details
Full Property Details for 1123 E Ocean Blvd
General
- Sold For: $2,550,000
- Status: Closed
- Type: Multi-Family
- Source: MRMLS
- MLS ID: RS25102456
- Added to Site: 245 day(s) ago
Rooms
Other Rooms
- Laundry: Common Area
Additional Information
- Pool Description: None
Parking
- Garage Spaces: 5
- Parking Features: None
- Parking: None
Location
- Area: 699 - Not Defined
- County: Los Angeles
- Development Name: 699 - Not Defined
- Driving Directions: Ocean Blvd
Utilities
- Sewer: Sewer Paid
- Water: Public
- # Water Meters: 1
- # Electric Meters: 5
Structural Information
- Entry Location: Front
- Stories/Levels: Two
- Stories Description: Two
- Square Feet: 3,816
- Year Built: 1915
Unit Information
Unit 1
- Number of Units: 1
- Total Bathrooms: 2
- Bedrooms: 2
Unit 2
- Number of Units: 1
- Total Bathrooms: 2
- Bedrooms: 2
Unit 3
- Number of Units: 1
- Total Bathrooms: 2
- Bedrooms: 2
Unit 4
- Number of Units: 1
- Total Bathrooms: 2
- Bedrooms: 3
Lot Features
- Lot Size (Acres): 0.19
- Lot Size Source: Estimated
- Lot Description: 0-1 Unit/Acre, Yard
Financial Considerations
- Price Per Sq. Ft.: $668.24
- Price Per Unit: 599750
Listed by Circle Real Estate, Mark Perez
Sold by Re/Max R. E. Specialists, Cynthia Voss
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Schools
Schools serving 1123 E Ocean Blvd
School District:Long Beach Unified School District
| Name | Grades | Distance |
|---|---|---|
Stevenson Elementary School 515 Lime Avenue, Long Beach, CA 90802 | K-5 | 0.6 mi |
Franklin Classical Middle School 540 Cerritos Avenue, Long Beach, CA 90802 | 6-8 | 0.5 mi |
Polytechnic High School, Long Beach, CA 1600 Atlantic Ave., Long Beach, CA 90813 | 9-12 | 1.4 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1123 E Ocean Blvd
Date
Details
Price
Change
Source
12/02/2025
Sold
$2,550,000
6.29%
MLS
5/24/2025
Listed
$2,399,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1123 E Ocean Blvd, Long Beach, CA 90802 (MLS# RS25102456) is a Multi-Family property that was sold at $2,550,000 on December 02, 2025. Want to learn more about 1123 E Ocean Blvd? Do you have questions about finding other Multi-Family real estate for sale in Long Beach? You can browse all Long Beach real estate or contact a Coldwell Banker agent to request more information.

