5914 E Ocean Boulevard, Long Beach, CA 90803
- $1,750,000
- 2,300
- SqFt
- List Price
- $1,750,000
- Status
- PENDING
- MLS#
- PW21035869
- Year Built
- 1953
- Living Sq. Ft
- 2,300
- Lot Size
- 2,439
- Acres
- 0.056
- Lot Location
- Corner Lot
- Days on Market
- 9
- Property Type
- Multifamily
- Style
- Bungalow
- Property Sub Type
- Quadruplex
- Stories
- Two Levels
- Builders Tract Code
- Peninsula (PI)
- Neighborhood
- Peninsula (Pi)
Property Description
Amazing 4 units located on the Peninsula in Long Beach. Just steps between Alamitos Bay and the Pacific Ocean. You’ll find yourself among some of the most amazing stretches of sand in southern CA with spectacular views of Catalina Island and the lights of downtown. Enjoy all your beach activities, paddle boarding, kayaking while also taking advantage of the bike/jogging paths all the way to downtown Long Beach. You are also just minutes to Belmont Shore with an abundance of quality restaurants and shopping. This is a fantastic opportunity for an investor/owner occupant. These 4 classic beach bungalow units are all 1 bed/1 bath. Amazing, vaulted wood beamed ceilings in the top units, fireplace in the 2 east units and beach themed paneling throughout. Each unit comes with 1 car garage and gated common area patio to BBQ and entertain. Addresses included are 5914 , 5916, 5920 and 5922 and are all separately metered. Take advantage of this outstanding lifestyle & investment opportunity with endless possibilities!! An absolute gem on The Peninsula. The perfect location! Approximate sq/ft per unit: 5914-550 sq/ft, 5916-450 sq/ft, 5920-450 sq/ft, 5922-850 sq/ft.
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Additional Information
- Tract Number
- 5500
- Lot Description
- Biking, Watersports, Sidewalks, Street Lights
- Pool Description
- None
- Fireplace Description
- Living Room
- Heat
- Wall Furnace
- Cooling Description
- None
- View
- Peek-A-Boo
- Exterior Construction
- Stucco
- Roof
- Composition
- Garage Spaces Total
- 1
- Sewer
- Sewer Paid
- Water
- Public
- Attached Structure
- Detached
- Number Of Units Total
- 4
- Gross Scheduled Income
- $81,600
- Operating Expense
- 10916
- Unit One Total Units
- 1
- Unit One Beds
- 1
- Unit One Baths
- 1
- Unit One Garage Spaces
- 1.00
- Unit One Actual Rent
- 1750.00
- Unit One Total Rent
- 1750.00
- Unit One Pro Forma
- 1900
- Unit One Furnished
- Unfurnished
- Unit Two Total Units
- 1
- Unit Two Beds
- 1
- Unit Two Baths
- 1
- Unit Two Garage Spaces
- 1.00
- Unit Two Actual Rent
- 1300.00
- Unit Two Total Rent
- 1300.00
- Unit Two Pro Forma
- 1695
- Unit Two Furnished
- Unfurnished
- Unit Three Total Units
- 1
- Unit Three Beds
- 1
- Unit Three Baths
- 1
- Unit Three Garage Spaces
- 1.00
- Unit Three Pro Forma
- 1695
- Unit Three Furnished
- Unfurnished
- Unit Four Total Units
- 1
- Unit Four Beds
- 1
- Unit Four Baths
- 1
- Unit Four Garage Spaces
- 1.00
- Unit Four Actual Rent
- 2100.00
- Unit Four Total Rent
- 2100.00
- Unit Four Pro Forma
- 2250
- Unit Four Furnished
- Unfurnished
Mortgage Calculator
Listing courtesy of Blair Newman from Berkshire Hathaway H.S.C.P.
Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.