About 1123 E Ocean Blvd
Situated in the highly sought-after Alamitos Beach community just steps from the sand, this fully remodeled four-unit property offers a rare investment opportunity in a true excelent location. Two of the units feature unobstructed ocean views, while the entire building has an early 1900s architecture, high ceilings, and bright, spacious layouts. The property sits on an expansive 8,200+ sq. ft. R-4-R zoned lot, offering future development potential, and includes one 3-bedroom/2-bath unit, three 2-bedroom/2-bath units, five garages in a single-story structure, and a large backyard. Plans have already been submitted for two 1,200 sq. ft. ADUs, which would significantly boost rental income and long-term value. With a secure entry, on-site laundry, and countless recent upgrades, this is a turnkey asset in one of Long Beach’s most desirable neighborhoods—ideal for investors ready to maximize returns.
