Listing provided courtesy of Anthony Walker of Buckingham Investments, Inc. Last updated 2026-03-05 09:11:08.000000. Listing information © 2025 Sandicor.
Asking Price: $1,490,000 |
1123 Ohio, Long Beach CA 90804
Community: 3 - Eastside, Circle Area
This Triplex property was built in 1972 and is priced at $1,490,000. Please see the additional details below.
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.
