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Image 1 - 1123 E Ocean Blvd, Long Beach, California, 90802 - House for sale
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E Ocean Blvd, Long Beach, Home For Sale
1123 E Ocean Blvd, Long Beach, California, 90802

E Ocean Blvd, Long Beach, Home For Sale

house for sale
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Listed: 07/27/24

1123 E Ocean Blvd, Long Beach, California, 90802

5 Bed:
5 Bath:
3,816 Sq Ft Living Area:
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Price
$ 1,95M

About This House

Located in the coveted Alamitos Beach community, just steps from the sand, this Trophy Location boasts two units with unobstructed ocean views. The building at1123 EOcean 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 an8, 200square foot lot zonedR-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. …  Full description

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Long Beach Housing & Living

Average sale prices for houses

2 bed
3 bed
4+ bed
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In August 2024, the asking price for 2 bed houses for sale in/near Long Beach, United States averaged $855,288, an increase of 3.1% from the previous month.
Median price trends for properties for sale in Long Beach, United States as of August 2024.

Household Income

Median household income: $61,610
Number of households: 173,432
The average household income in Long Beach, CA grew from $60,557 to $61,610 in the past year. This data is an estimate based upon 173,432 households in Long Beach, CA.
The chart below presents how household income is distributed in Long Beach, CA in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Long Beach, CA compared to median property taxes around the country. The prevalent amount of property taxes in Long Beach, CA equals $3k+ , which is more than the national average.