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5901 E Ocean Blvd, Long Beach, CA 90803

  • $5,500,000

  • bed

  • bath

Multi-family for sale 90 days
Movoto is helping 68 homebuyers near you

About 5901 E Ocean Blvd

Property type Multi-family
Neighborhood
Year built 1948
HOA fee $0/month
Lot size 7,119 Sqft
Movoto estimate
Parking 6 garage spaces
Rental estimate
Property description
Introducing a rare coastal investment opportunity along the highly coveted Peninsula of Long Beach, an irreplaceable 16 unit multi-residential offering defined by character, location, and long-term upside. Originally crafted in the early 20th century with thoughtful expansions mid-century, this charming collection of residences blends vintage architectural appeal with enduring income potential. Set on a prime coastal parcel just moments from the sand, the property encompasses approximately 6,700+ square feet of rentable living space across a well-utilized lot exceeding 7,100 square feet. The unit mix is both diverse and strategically appealing, featuring a curated combination of one-bedroom residences, airy loft-style studios, classic studios, and one unit currently utilized for airbnb, each offering unique layouts that cater to a wide tenant demographic drawn to the Peninsula lifestyle. Enhancing both convenience and value, the property includes six private garages, an exceptional amenity in this beachside enclave, presenting not only immediate value for residents but also compelling potential for reconfiguration, additional income streams, or future ADU conversion (buyer to verify). Surrounded by the vibrant energy of Belmont Shore, Alamitos Bay, and the Pacific coastline, this asset represents a sophisticated blend of coastal charm, architectural legacy, and forward-looking investment potential in one of Long Beach’s most tightly held seaside neighborhoods.
Listed by
Listing Agent - Andrew Carter
Listing Agent Contact: 562-397-1373
Listing Office - Fiv Realty Co
Source: CRMLS mls logo
MLS#RS26083044 • last updated 1 week ago
Movoto checked CRMLS for data 4 minutes ago
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Overview
Type Residential Income
SubType Commercial/Residential
Status Active
Lot Size (Acres) 0.1634
Lot Size (SqFt) 7119
Year Built 1948
Interior
Laundry Common Area
Exterior
Building Area Square Feet, 6748
# Parking Spaces 6
# Garage Spaces 6
Lot Description 16-20 Units/Acre
Amenities / Utilities
Sewer/ Septic Public Sewer
Water Source Public
Pool None
Location
County Los Angeles
Community Features Suburban
Subdivision Peninsula (PI), Peninsula (PI)
Directions .
APN 7245019030
Multifamily Details
Expense: Trash 8156.8
Laundry Income 4800
Operating Expense 130603
Expense: Insurance 1690
Total Expenses 16070.96
Expense: Maintenance 10601
Gross Income 415718
Expense: Electric 1163
Gross Scheduled Income 412020
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Source: GreatSchools.org © 2026. All rights reserved.

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  • Real Estate
  • CA
  • Los Angeles County
  • Long Beach
  • 90803
  • Peninsula
  • 5901 E Ocean Blvd

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The real estate listing data marked with this icon comes from the IDX program of the CRMLS Multiple Listing Service™ system.
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