1123 Ohio, Long Beach, California 90804, Long Beach, 90804 - bed, bath
1123 Ohio
Long Beach, California 90804
Property Price
SUMMARY
Analysis of 1123 Ohio, Long Beach, California 90804 is currently available with a list price of $1,490,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Long Beach Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
Although built in 1972, the property underwent an extensive renovation of all units in 2023, featuring new flooring, modern finishes, and in-unit laundry. With a recently completed exterior refresh and all components being virtually new, it meets the criteria for a fully renovated property within the last 5 years.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: Fremont Elementary School (9/10).
- Desirable Unit Mix
The property consists entirely of large 3-bedroom, 1.5-bathroom townhome-style units, which are highly sought after by families and long-term tenants.
- Turnkey Renovations
All three units have been renovated since 2023 with new floors, finishes, and in-unit laundry, minimizing immediate capital expenditure for the buyer.
CONSRISKS & DEFICIENCIES
- Limited Bathroom Ratio
With only 1.5 bathrooms for 3-bedroom units, the configuration may be less competitive for groups of roommates compared to units with two full baths.
- 1970s Infrastructure
Despite recent cosmetic renovations, the 1972 construction may still have aging underlying systems such as plumbing or electrical that require monitoring.
- Lack of Scenic Views
The property offers no significant views, which may limit its appeal to premium-tier tenants looking for the coastal or city-light vistas common in other parts of Long Beach.
About 1123 Ohio
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.
Property Details
Public Facts
- Property Type
- Triplex
- Year Built
- 1972
- Lot Size
- 5,855 Sq. Ft.
Interior
- Total Bedrooms
- -
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Long Beach Unified Schools
Willard Elementary School
Grades K-5 • 0.3 mi
Lee Elementary School
Grades K-5 • 0.4 mi
Burbank Elementary School
Grades K-5 • 0.6 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 50% |
| Baths | - | - | 50% |
| Square foot | 3,720 | 1,972 | 82% |
| Lot Size | 5,855 | 5,855 | 50% |
| Price | $1.49M | $1.24M | 88% |
| Price per sq ft | $401 | $543 | 29% |
| Built year | 1972 | 1941 | 82% |
| HOA | $0 | $0 | 50% |
| Days on market | 18 | 170 | 6% |
Pricing History
Listed for Sale
Feb 16, 2026
$1,490,000
Initial Listing
Sold
Feb 24, 2023
$1,250,000
Public Record
Sold
Mar 26, 1996
$165,000
Public Record