$1,490,000
1123 Ohio, Long Beach CA 90804
Multi-Family (Triplex)
Property type
109 days
On market
$401
Price per sqft
0 cars
Garage
1972
Year built
5,855 sqft
Lot size
Home highlights
Open Houses
Overview
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...
Listing provided by: Anthony Walker DRE #01908153 310-982-7055, Buckingham Investments, Inc, Josh Ess DRE #02035659 310-982-7055, Buckingham Investments, Inc
Listing updated: Feb 17, 2026 at 02:14pm.
Last checked: Jun 5, 2026 at 08:31pm
Source: CRMLS #SB26033659
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 1 | 3 | 2 | — | $3,170 | $3,170 | $3,300 | Unfurnished |
| 1 | 3 | 2 | — | $3,270 | $3,270 | $3,300 | Unfurnished |
| 1 | 3 | 2 | — | $3,095 | $3,095 | $3,300 | Unfurnished |
# of Buildings: 1
# of Units Total: 3
Separate Electric Meters: 3
Separate Gas Meters: 3
Separate Water Meters: 1
Ranges: 3
Rent Control: Yes
Tenant Pays: Electricity, Gas
Financial Snapshot
Gross Rent Multiplier
13.0x
List Price / Annual Gross Rent
Cap Rate
5.2%
NOI / List Price
Gross Scheduled Income: $114,420
Vacancy Allowance: $5,721
Operating Expense: $35,531
Net Operating Income: $76,780
Annual Operating Expenses
Electric: $0
Gardener: $700
Fuel: $0
Insurance: $4,650
Licenses: $205
Maintenance: $3,420
New Taxes: $18,625
Pest Control: $914
Professional Management: $5,616
Trash: $0
Water / Sewer: $1,401
Interior
Interior Features: All Bedrooms Up
Room Type: Bedroom
Flooring: Laminate
Cooling: None
Heating: Wall Furnace
Appliances: Gas Oven, Gas Range
Fireplace: None
Laundry: In Kitchen
Accessibility: None
Entry Location: 1
Exterior
Property Attached: Yes
Stories Total: 2
Levels: Two
Roof: Composition
Construction Materials: Stucco
Common Walls: Two Common Walls Or More
Direction Faces: East
Lot Features: Rectangular Lot
Pool: None
Spa: None
Fencing: Chain Link, Wood, Wrought Iron
Water Source: Public
Sewer: Public Sewer
Electric: Standard
Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
View: None
Road Frontage Type: City Street
Road Surface Type: Paved
Garage and Parking
Parking: Gated, Paved
Garage Spaces: 0
Uncovered Spaces: 7
Carport Spaces: 0
Parking Total: 7
Lot Information
Land Lease: No
Common Interest: None
Parcel #: 7260028019
Additional Parcels: No
Tax Lot: 20
Subdivision: n/a
Community
HOA: No
HOA Fee: $0
Senior Community: No
Community Features: Urban
Nearby Schools
Nearby schools around the 1123 Ohio, Long Beach, CA 90804. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$1,192,000
Total Interest
$1,520,330
Total Payment
$2,712,330
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$9,236
per month
Property History for 1123 Ohio
Long Beach Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 90804.
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