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Closed
- Listed price
- $1,499,999
- Listed Aug 22, 2015
- Sold price
- $1,225,000
- Sold Apr 15, 2016
15,000 sqft lot|1920 Built|240 MLS days on market
1232 Long Beach Blvd, Long Beach, CA 90813
Property Description
PRICE JUST REDUCED $250,000 FOR IMMEDIATE SALE. RENTS CAN BE INCREASED TO ACHIEVE 8% CAP RATE. Outstanding upside/rehab/development potential!! 6188 SF including two storefronts, two 2 BR apartments, two 1 BR apartments and a single apartment. City of LB has recently completed block long Façade Improvement Project, including front building facades, signage, storefront windows and high end interior roll up gates. Adjacent parcel is a gated, paved 7500 SF parking lot. Rents are currently well below market. All tenants on month to month agreements. Huge upside and/or development potential. One of the highest growth zip codes in Long Beach. Located at LB Blvd/Anaheim St High Traffic directly in front of Metro Rail stop - Mixed Use property located in the heart of the Dignity Heath St. Mary's Medical Center redevelopment zone. Includes 2 parcels totaling 15000 SF of land. 2nd Parcel is a parking lot. Operate as existing and increase revenue or develop the site.
Listing agent: Randy SmithDRE #00857343randy@smithREgroup.com, Listing office: smithREgroup
MLS data updated 10/24/2026, 11:52:38 PM PT
Source: CRMLSMLS #: PW15187209
Belmont insights
Price & property history
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Last recorded sale$1,225,000
Apr 15, 2016
Available records32015–2016
From MLS recordsActual listing and closing events
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This home · nearest recorded event
No recordNo property-price record in this range.ZIP 90813 · Oct 2026
No monthly averageAt least 3 eligible sales in this month are required.30-year fixed mortgage benchmark
No weekly rateNo published rate within 7 days of this date.This home · 0 price recordsNo records in this period
ZIP 90813 · same property typeThis MLS property type has no exact comparison group.
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Recorded sales in this period (0)
No recorded sales in this range. Select All available for older records; missing records do not mean the home never sold.
ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
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MLS records may be incomplete. Earlier asking prices are not sale prices.