Property Detail

1123 Ohio

Long Beach CA 90804

$1,490,000

Status: Active

Property Details

Description

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.

Map Location

Listing provided courtesy of Anthony Walker of Buckingham Investments, Inc. Last updated . Listing information © 2026 SANDICOR.