USACALong BeachAlamitos Beach (Ab)1325 E Ocean Blvd

New

$3,125,000

For Sale

5 days ago

1325 E Ocean Blvd, Long Beach, CA

Name: 1325 E Ocean Blvd, For Sale in Long Beach - eXp Realty
Brand: Keller Williams Realty Downey
SKU: PW26214101
Price: 3125000 USD

House

MLS® PW26214101

0 Bed

0 Bath

Key Facts
Description
Map

Key Facts

Type Mixed Use

Levels Residential Income

Size -

Garage

Taxes

Days Active 6

Lot Size 0.1898 Acres

Approx. Age 1914

MLS® Number PW26214101

Property Address: 1325 E Ocean Blvd, Long Beach, CA, 90802-5897

Average square foot calculated using Size range provided by listing agent.

Description

1325 E. Ocean Boulevard presents a rare opportunity to acquire a well-maintained multifamily asset along one of Long Beach’s most desirable, beach-adjacent corridors. Offered at $3, 125, 000, the 9-unit property encompasses approximately 8, 986 square feet and combines the architectural appeal and spacious floor plans of a vintage Long Beach property with meaningful capital improvements and additional income potential. The property features a diverse collection of (1) 3BD/1BA unit, (6) 2BD/1BA units, (1) 1BD/1BA unit, and a newly constructed detached studio ADU with enclosed private yard. The residences offer generously sized vintage floor plans with thoughtful interior upgrades throughout. Select units feature in-unit washers and dryers and/or private patios, providing amenities that enhance their competitive positioning within the coastal Long Beach rental market. Ownership has also invested in significant building improvements. The front building has been seismically retrofitted, the rear building features double-pane windows, and a new roof was installed in 2019. These improvements, together with the upgraded interiors and newly added ADU, provide an incoming investor with an improved physical asset while preserving the property's original character. At current operations, the property generates $262, 500 in scheduled annual rental income and $171, 749 in NOI. The pro forma projects scheduled rental income of approximately $301, 440 and NOI of approximately $207, 633, increasing the projected return to a 6.64% cap rate. This represents ±21% potential NOI growth through the realization of market rents. With its premier Ocean Boulevard location, spacious, upgraded units, substantial building improvements and identifiable income upside, 1325 E. Ocean Boulevard offers investors a compelling combination of coastal Long Beach real estate, vintage character, current cash flow and future revenue growth.

MLS® NumberPW26214101

Laundry LevelEnsuite

Central VacNo

FireplaceNo

Acreage

Exterior

Garage

Approx. Age1914

Basement

Driveway

Garage Spaces

Heat

A/C

Extras

Price History

-End Date

Not Sold YetSold Price

For Sale

Oct 1, 2026List Date

$3,125,000List Price

Commute

Commute

Starting Address

Destination Address

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