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    1123 E Ocean Blvd Long Beach, CA 90802

    For Sale
    $2,399,000

    Fully remodeled four-unit property in Alamitos Beach, steps from the sand.

    Lot size:
    0.19 Acres

    Property Features for 1123 E Ocean Blvd

    General Information

    Lot size
    0.19 Acres

    Building Details

    Year built
    1915

    Source: Circle Real Estate Agent Mark Perez

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Remodeled Four-Unit Property Near Beach

    Located in the Alamitos Beach community, this remodeled four-unit property presents an investment opportunity. The building features early 1900s architecture, high ceilings, and spacious layouts. Two of the units offer unobstructed ocean views. The property includes one 3-bedroom/2-bath unit and three 2-bedroom/2-bath units. There are five garages in a single-story structure, along with a large backyard. Situated on an 8,200+ sq. ft. R-4-R zoned lot, the property offers future development potential. Plans have been submitted for two 1,200 sq. ft. ADUs. Additional features include a secure entry and on-site laundry. This property is located in Long Beach.
    Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Long Beach
    County
    Los Angeles
    State
    California
    Longitude
    -118.1785414
    Latitude
    33.7661678

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    FAQs

    What type of property is this?
    Quadplex - Fully remodeled four-unit property in Alamitos Beach, steps from the sand.
    Where is this quadplex located?
    The property is located at 1123 E Ocean Blvd Long Beach, CA.
    What is the asking price?
    The asking price for this property is $2,399,000.
    What are key features of this property?
    This property features: - Prime Alamitos Beach location, steps from the sand; - Significant income potential with submitted plans for two 1,200 sq. ft. ADUs; - Expansive 8,200+ sq. ft. R-4-R zoned lot offering future development opportunities
    (562) 521-9022
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    1123 E Ocean Blvd Long Beach, CA 90802
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    Long Beach, CA 90802
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1123 E Ocean Blvd Long Beach, CA 90802
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