4915 E Ocean Blvd, Long Beach, CA, 90803
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
Very Walkable
Some Transit
Very BikeableSchools
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
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Inland Flooding
- Coastal Flooding
- Earthquake
- Heat Wave
- Tsunami
- Wildfire
How This Home’s Risks Compare
FEMA Declared Disasters in Los Angeles County and California
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $25,156 | $301,872 |
| Home Insurance * | $644 | $7,728 |
| Property Taxes | $2,777 | $33,324 |
| Electricity | $1,795 | $21,543 |
| Total | $30,372 | $364,464 |
Income You'd Need if You Spent...
California FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-04-19 | Listed for sale | $4,975,000 |
| 2025-02-07 | Sold | $3,800,000 |
| 2025-02-04 | Pending sale | $3,995,000 |
| 2025-01-29 | Listed for sale | $3,995,000 |
| 2022-08-15 | Listing removed | -- |
| 2022-08-10 | Listed for rent | $1,550 |
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