1325 E Ocean

Long Beach, CA 90802
Property listed by Keller Williams Realty Downey, Robert Stepp 310-463-2916
$3,125,000
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… Read MoreRead Less
Listing Snapshot
Days Online
6
Last Updated
Property Type
MixedUse
Lot Size
0.19 Acres
Year Built
1914
MLS Number
PW26214101
Property Location Map
Additional Details
Building
Built in 1914, 2 buildings, 2 stories, Entry level: 1, Entry location: 1
Community
Sidewalks
Expenses
Electric: $1,288, Fuel: $1,288, Gardener: $2,400, Insurance: $9,500, Licenses: $1,000, Maintenance: $6,300, Operating: $82,876, Pest Control: $930, Trash: $1,288, Water/Sewer: $1,288, Other Expense: $2,700
Income
Gross Income: $254,625, Gross ScheduledIncome: $262,500, Net Operating Income: $171,749
Laundry
Inside
Lot
0.1898 acres, SixToTenUnitsAcre
Pool
None
Sewer
PublicSewer
Taxes
Additional parcels description:, Parcel Number: 7265014038, Tax Block: 54, Lot: 17
Utilities
Water Source: Public, 9 separate electric meters, 9 separate gas meters
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.