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Long Beach

5901 E Ocean Boulevard

About This Property

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.

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This property is located in Long Beach. Want to learn more about the area?

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Listing courtesy of Fiv Realty Co

Listing data from CRMLS. Deemed reliable but not guaranteed.

Asking Price

$5,500,000

Est. Monthly Payment

$35,144/mo

20% down · 6.5% rate · 30yr

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Listing Agent

Andrew Carter

Fiv Realty Co