For sale · Active

520 Ohio Avenue

Long Beach, CA 90814

$2,590,000
Lot size0.1551 acres
Property typeApartment
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Listing broker / agent: ADW Management USA, Inc. · Mariko Artis · mariko.a@re-adworks.com · CRMLS

MLS # SB26183865 · Last checked Oct 20, 2026 00:11 UTC

About this property

On behalf of the ownership, we are pleased to exclusively offer this 8-unit multifamily asset totaling 5,676 square feet at 520 Ohio Avenue, Long Beach, CA. The property benefits from strong occupancy, a desirable unit mix, and a location that consistently attracts quality residents. Constructed in 1971 on a 6,754 sq ft lot, the property features a beautifully landscaped front exterior and a community laundry room. The unit mix consists of two 2bed 1.75bath units, two 2 bed 1 bath units, and four 1bed 1 bath units, all of which have been previously remodeled. The community also offers off-street parking for up to 15 vehicles, which is a rarity in the area. Not only does this benefit the residents who commute throughout Los Angeles & Orange County, ownership benefits from the additional income and potential upsides. 520 Ohio Avenue is positioned within one of Long Beach's most sought-after residential neighborhoods. The area is characterized by strong renter demand driven by it's proximity to Retro Row or the 4th Street Corridor - which offers diverse and unique dining and shopping options, a weekly Farmer's Market, and entertainment venues such as the historic Art Theatre. With its desirable location, strong occupancy, and meaningful upside potential, 520 Ohio Ave is a compelling investment for groups targeting multifamily assets with both current yield and value creation opportunities.

Property details

MLS number
SB26183865
Status
Active
Type
Residential Income
Subtype
Apartment
Lot size
0.1551 acres
County
Los Angeles
Year built
1971
Stories
2
More property detailsExpandCollapse

Listing

Days on market
51

Building

Year built
1971
Year built source
Public Records
Stories
2
Building stories
2
Levels
Two
Entry level
1

Rooms & interior

Heating
Electric
Cooling
None
Fireplace
None
Laundry
Common Area

Exterior & parking

Total parking spaces
15
Garage spaces
4
Carport spaces
1
Parking
Assigned
Pool
None
Spa
None
Lot features
Zero To One Unit Acre
Lot size source
Public Records

Utilities & community

Water
Public
Sewer
Public Sewer
Utilities
Electricity Connected, Sewer Connected, Water Connected
Community features
Street Lights, Sidewalks

Fees & lease terms

Association
No
Association fee
$0.00
Explore the area

Nearby public schools

Within 5 miles

Nearby does not mean assigned. These are approximate straight-line distances from the property, not walking or driving routes. Confirm attendance boundaries, enrollment eligibility, grades and current school status directly with the district.

Nearby California public school locations, sorted by distance
School / districtGradesDistance
Burbank Elementary Long Beach Unified · Long Beach K–5 0.3 mi
Willard Elementary Long Beach Unified · Long Beach K–5 0.5 mi
Mann Elementary Long Beach Unified · Long Beach K–5 0.5 mi
Jefferson Leadership Academies Long Beach Unified · Long Beach 6–8 0.7 mi
Fremont Elementary Long Beach Unified · Long Beach K–5 0.9 mi
Olivia Nieto Herrera Elementary Long Beach Unified · Long Beach K–5 1.0 mi
Franklin Classical Middle Long Beach Unified · Long Beach 6–8 1.0 mi
Bryant Elementary Long Beach Unified · Long Beach K–5 1.1 mi

Source: California Department of Education · 2025-26 school locations. Downloaded Oct 2, 2026 UTC. This annual snapshot may not reflect later changes. Public schools only; not a complete list of education options. No ratings or attendance assignments are provided.

Check the California School Directory ↗

Price and tax history

Asking price

Current asking price
$2,590,000
MLS-reported original asking price
$2,590,000
Asking prices observed by this listing service
Observed (UTC)Asking price
Oct 2, 2026 05:47$2,590,000

MLS values are reported for this listing, not prior sales. Observation dates show when our importer saw an asking price, not when the MLS changed it. Up to 24 observations are retained; changes between refreshes may be missed. This is not a complete price or sales history.

Property taxes

Tax history is not available from the imported listing data.

Source: MLS feed. Only supplied tax years are shown, up to 10 years; this is not a county tax archive. Amounts may be corrected and taxes may change after purchase. Verify assessments and current taxes with the county. These values do not automatically fill the payment calculator.

Local inventory snapshot

Market trends in Long Beach

Active residential homes for sale in Long Beach, CA, available through this website's authorized feed. Includes residential subtypes; excludes rentals. Not the entire market or a valuation of this property.

Available listings597Current authorized inventory
Median asking price$719,000597 listings with a valid price
Median asking price / sq ft$618.95568 listings with confirmed sq ft
Median days on market31597 listings with MLS-reported days

Observed price activity · past 30 days

Listings with a reduction106
Listings with an increase4

108 currently active listings have an observed price-change pair ending in this period. A listing can appear in both counts.

Calculated 2026-10-20 01:22 UTC. Source: this website's authorized MLS inventory. Import progress, freshness rules and coverage affect the figures. Medians exclude missing/invalid values; price per sq ft is the median of individual listing ratios. Price observations are limited to the last 24 per listing and may miss changes between refreshes. This is not a complete 30-day market report, historical inventory trend, appreciation measure, or sold-price analysis.

Plan your monthly costs

Payment calculator

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Loan assumptions and ownership costs

Blank costs are excluded, not confirmed to be zero. Get taxes, insurance and HOA estimates for this property; prior-owner taxes may change after purchase. Mortgage insurance depends on your loan—ask your lender.

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Illustration only—not a rate quote, preapproval, lending offer or affordability determination. Assumes equal monthly payments on a fully amortizing fixed-rate loan; no adjustable rates, interest-only periods or balloon payments. Excludes closing costs, utilities, maintenance, special assessments and other unentered costs. Actual payments and escrow can differ. Review a Loan Estimate with your lender.

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IDX listing information is provided for consumers’ personal, non-commercial use solely to identify prospective properties they may be interested in purchasing. Information is deemed reliable but is not guaranteed. Verify all information and current availability with the listing broker.