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4915 E Ocean Blvd, Long Beach, CA, 90803

--beds
--baths
8,372sqft
$4,975,000
$594price/sqft
$30,372/moest. monthly cost
$1,214,880/yrincome needed

About This Home

PRIME INVESTMENT PROPERTY in a RARE OCEANFRONT location in Belmont Shore. This beautiful 10 (origially 12) unit apartment complex sits directly accross from the beach, with sparkling ocean views that will never be blocked! The property is being sold with 7 tenant-occupied units, with a substantial rental upside. The owners have begun significant improvements to elevate the building and maximize the rental income potential. Highlights are the prime unit under renovation with the best views, adding a shared laundry room, City of Long Beach permitting short-term rental for one unit, and Long Beach in the Spotlight for the 2028 Olympic.

Getting Around

87
WalkingVery Walkable
35
TransitSome Transit
75
BikeVery Bikeable

Schools

7/10
Lowell Elementary SchoolGrades K-50.7 mi
8/10
Rogers Middle SchoolGrades 6-80.8 mi
6/10
Wilson High SchoolGrades 9-121.4 mi

Construction

Condition

  • Property condition: Updated/Remodeled
  • Year built: 1930

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Laundry features: None

Features

  • Fireplace features: None
  • Common walls with other units/homes: No Common Walls

Interior Area

  • Total structure area: 8,372
  • Total interior livable area: 8,372 sqft

Property

Details

  • Parcel number: 7247020025
  • Special condition: Standard

Features

  • Levels: Two
  • Stories: 2
  • Entry location: Street
  • Pool features: None
  • Spa features: None
  • Has view: Yes
  • View description: Ocean
  • Has water view: Yes
  • Water view: Ocean
  • On waterfront: Yes
  • Waterfront features: Beach Access,Beach Front,Ocean Access,Ocean Front

Lot

  • Lot size: 5,106 sqft
  • Features: 0-1 Unit/Acre

Parking

  • Parking features: None