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1325 E Ocean

Long Beach, CA 90802
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Bed 6

Bed

Bath 4

Bath

SqFt8,266

Sqft(Lot)

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.

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Detail Ic Property Details

Property Type : ResidentialIncome

Price : $3,125,000

AD Id : 91615713

MLS Id : PW26214101

Beds : 6

Lot Size : 8,266 Sq. Ft

Year Built : 1914

County : Los Angeles

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Feature Features

  • Building Information

    Year Built: 1914
    Building Area Total: 8986
    Pool Features: None
    Private Pool: No

  • Lot Information

    Main Square Feet: 8266 Lot Size Acres: 0.1898 Lot Size Source: Assessor Lot Size Square Feet: 8,266 Lot Description: SixToTenUnitsAcre

    Property Information

    Subdivision: Alamitos Beach (AB) Source Property Type: ResidentialIncome Property SubType: Mixed Use Property Age: 112

  • Listing Price Information

    Listing Price: $3125000
    Cash, CashToNewLoan, Exchange1031

  • Tax Information

    Parcel Number: 7265014038 Tax Lot: 17 Tax Block: 54

  • Location Information

    Direction: Off Cherry Ave WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
1805 E 6th, Long Beach, CA, 90802 $1,675,000 7 7 -- 3,678 Sq. Ft
421 N Rose, Long Beach, CA, 90802 $1,300,000 12 4 -- 3,355 Sq. Ft
1317 E 1st, Long Beach, CA, 90802 $2,100,000 4 4 -- 8,263 Sq. Ft
1131 E 2nd, Long Beach, CA, 90802 $1,625,000 3 2 -- 4,418 Sq. Ft
1131 E 2nd, Long Beach, CA, 90802 $1,625,000 4 4 3,284 4,418 Sq. Ft
643 Elm Avenue, Long Beach, CA, 90802 $799,000 8 4 -- 2,351 Sq. Ft

The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 10/10/2026 @ 20:49

MLS: PW26214101 LISTED BY: Robert Stepp, Keller Williams Realty Downey 562-334-1500 SOURCE: CRMLS

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