1123 Ohio Ave, Long Beach, CA, 90804
9beds
6baths
3,720sqft
$1,490,000
$401price/sqft
$10,181/moest. monthly cost
$407,240/yrincome needed
About This Home
Perfectly located huge 1972 built Eastside Triplex with 100% large two story 3 bed, 1.5 bath townhome style units. Exterior refresh just completed plus all three units renovated since 2023 with new floors, finishes, and in-unit laundry. Huge parking lot in rear with parking for 7 cars. Excellent metrics at 12.6X GRM on actuals and a 5.2% in place cap rate with upside to an 11.7X GRM and cap rate of 5.7% at market rents. Quiet residential location in the Zaferia neighborhood only 2 blocks from the design district. One block from the historic Rose Park neighborhood. Just minutes from Cal State Long Beach, Traffic Circle retail, and the beach.
Getting Around
92
Walker's Paradise50
Good Transit60
BikeableSchools
3/10
7/10
6/10
Construction
Condition
- Year built: 1972
Materials
- Roof: Composition
- Construction materials: Stucco
Type & Style
- Home type: MultiFamily
- Property subType: Triplex
Interior
Appliances
- Appliances included: Gas Oven,Gas Range
- Laundry features: In Kitchen
Bedroom
- Features: All Bedrooms Up
Bedrooms & Bathrooms
- Bedrooms: 9
- Bathrooms: 6
Features
- All Bedrooms Up
- Flooring: Laminate
- Fireplace features: None
- Common walls with other units/homes: 2+ Common Walls
Heating & Cooling
- Heating features: Wall Furnace
- Cooling features: None
Interior Area
- Total structure area: 3,720
- Total interior livable area: 3,720 sqft
Property
Accessibility
- Accessibility features: None
Details
- Parcel number: 7260028019
- Attached to another structure: Yes
- Special condition: Standard
Features
- Levels: Two
- Stories: 2
- Entry location: 1
- Pool features: None
- Spa features: None
- Fencing: Chain Link,Wood,Wrought Iron
- Has view: Yes
- View description: None
Lot
- Lot size: 5,855 sqft
- Features: Rectangular Lot
Parking
- Total spaces: 7
- Parking features: Gated,Paved
- Uncovered spaces: 7