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Sold for $2,550,000
  • Listing Provided by: Circle Real Estate
    Bought with: Re/Max R. E. Specialists
    $2,550,000

    1123 E Ocean Blvd, Long Beach, CA 90802

    9beds
    8baths
    3,816sqft
    Quadruplex
    Built in 1915
    -- sqft lot
    $2,566,600 Zestimate®
    $668/sqft
    $3,973 Estimated rent

    Home value

    $2,566,600

    $2.34M - $2.82M

    $3,973/mo

    Zestimate® history
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    $16,394/mo

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    What's special

    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.

    Zillow last checked:

    Listing updated:

    Listing Provided by:

    Mark Perez DRE #01279393 562-754-0660,

    Circle Real Estate

    Bought with:

    Cynthia Voss, DRE #00881330

    Re/Max R. E. Specialists

    Source: CRMLS,MLS#: RS25102456MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 9
    • Bathrooms: 8
    Appliances
    • Laundry: Common Area
    Features
    • Common walls with other units/homes: 2+ Common Walls
    Interior area
    • Total structure area: 3,816
    • Total interior livable area: 3,816 sqft

    Property

    Parking
    • Total spaces: 5
    • Parking features: None
    • Garage spaces: 5
    Features
    • Levels: Two
    • Stories: 2
    • Entry location: Front
    • Pool features: None
    Lot
    • Size: 8,276 sqft
    • Features: 0-1 Unit/Acre, Yard
    Details
    • Parcel number: 7165009040
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Quadruplex
    • Attached to another structure: Yes
    Condition
    • New construction: No
    • Year built: 1915

    Utilities & green energy

    • Sewer: Sewer Tap Paid
    • Water: Public

    Community & neighborhood

    Community
    • Community features: Curbs, Sidewalks
    Location
    • Region: Long Beach

    Other

    Other facts
    • Listing terms: Submit

    Price history

    DateEventPrice
    1/26/2026Listing removed$5,200$1/sqft
    Source: Zillow Rentals Report a problem
    1/12/2026Price change$5,200-5.5%$1/sqft
    Source: Zillow Rentals Report a problem
    12/12/2025Listed for rent$5,500+206.4%$1/sqft
    Source: Zillow Rentals Report a problem
    12/2/2025Sold$2,550,000+52.2%$668/sqft
    Source: CRMLS #RS25102456 Report a problem
    11/5/2024Sold$1,675,000-14.1%$439/sqft
    Source: CRMLS #OC24150606 Report a problem
    10/9/2024Pending sale$1,950,000$511/sqft
    Source: CRMLS #OC24150606 Report a problem
    7/23/2024Listed for sale$1,950,000+124.1%$511/sqft
    Source: CRMLS #OC24150606 Report a problem
    3/24/2021Listing removed--
    Source: Owner Report a problem
    7/18/2019Listing removed$1,795
    Source: Owner Report a problem
    7/10/2019Listed for rent$1,795
    Source: Owner Report a problem
    3/11/2019Listing removed$1,795
    Source: Owner Report a problem
    3/8/2019Listed for rent$1,795
    Source: Owner Report a problem
    8/1/2008Sold$870,000+1406.6%$228/sqft
    Source: Public Record Report a problem
    10/6/1999Sold$57,745$15/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$25,678 +76.4%$1,925,000 +75.3%
    2024$14,555 +1.7%$1,098,373 +2%
    2023$14,311 +6.5%$1,076,837 +2%
    2022$13,440 +2.1%$1,055,724 +2%
    2021$13,163 +0.3%$1,035,025 +1%
    2020$13,129 $1,024,413 +2%
    2019$13,129 +4.1%$1,004,327 +2%
    2018$12,611 $984,635 +2%
    2017$12,611 +1.1%$965,330 +2%
    2016$12,479 +7.6%$946,403 +1.5%
    2015$11,596 +7.5%$932,188 +4.7%
    2014$10,791 $890,000 +27.1%
    2012-- $700,000
    2011-- $700,000 -8.3%
    2010-- $763,000 -12.3%
    2009-- $870,000 +14.1%
    2008-- $762,803 +2%
    2007-- $747,847 +2%
    2006-- $733,184
    2005-- $733,184 +4%
    2004-- $704,715 +32.6%
    2003-- $531,449 +2%
    2002-- $521,029 +49.7%
    2000-- $348,000

    Find assessor info on the county website

    Neighborhood: Alamitos Beach

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $2,566,600
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $2,566,600