About this home

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.

Facts and features

Schools

• Franklin Classical Middle School

  middle · 6-8 · 0.6 mi

  4

• Burbank Elementary School

  elementary · K-5 · 0.8 mi

  7

• Polytechnic High School

  high · 9-12 · 1.6 mi

  7

• Carousel School

  elementary · K-5 · 0.6 mi

• St. Anthony Elementary School

  elementary · K-8 · 0.7 mi

• Stevenson Elementary School

  elementary · K-5 · 0.7 mi

  5

Price history

• Oct 1, 2026 · Listed$3,125,000
• Oct 18, 2019 · Listing Removed—
• Aug 3, 2019 · Price Changed For Rent$1,995
• May 29, 2019 · Listed For Rent$2,395
• May 16, 2019 · Sold$3,312,500
• Mar 5, 2019 · Listed$3,558,000
• Apr 20, 2018 · Sold$2,410,000

Tax history

• 2025$49,017 tax · $3,769,054 assessed
• 2024$46,870 tax · $3,695,152 assessed
• 2023$45,043 tax · $3,551,666 assessed
• 2022$43,129 tax · $3,482,027 assessed
• 2021$42,274 tax · $3,413,753 assessed
• 2020$42,163 tax · $3,378,750 assessed
• 2019$31,333 tax · $2,458,200 assessed
• 2018$7,350 tax · $489,527 assessed

Home value

$4,014,007

• Quantarium$4,014,007
• Collateral Analytics$1,615,000

Where it is