6514 E Ocean Blvd, Long Beach, CA, 90803
About This Home
1031 EXCHANGE FOURPLEX, located in the highly desirable Peninsula area of Long Beach, just steps from the beach. The building consists of four units: two 1-bedroom/1-bath units located on the second floor, and one 1-bedroom/1-bath unit plus one studio/1 bath on the first floor. Each unit has its own private entrance, separate address (6514, 6516, 6518, and 6520), and electric is individually metered. All units are currently tenant-occupied. Tenants in Units 6514 and 6516 also have use of the two one-car garages. The property is well maintained, with Unit 6514 fully updated in 2020. All tenants share a common laundry room equipped with a newer washer and dryer. Units 6514 and 6520 feature mini-split A/C and heating systems, while Units 6516 and 6518 have wall heaters and no air conditioning. Each unit offers great natural light and has been well cared for. This property presents a fantastic opportunity to own a well-maintained investment building just steps from the beach. Ideally situated between the Pacific Ocean and Alamitos Bay on the highly sought-after Long Beach Peninsula. Enjoy close proximity to the shops, restaurants, and nightlife of Belmont Shore, along with beachside activities including kayaking, paddle boarding, sailing, and scenic biking and running paths leading to downtown and the iconic Queen Mary. Nearby access to the Alamitos Bay Yacht Club and Long Beach Yacht Club enhances the exceptional coastal lifestyle this property offers. ( Pictures are from 2020-2021 , updated pictures will be posted soon )- Subject to 1031 Exchange.
Getting Around
Car-Dependent
Some Transit
BikeableSchools
Construction
Condition
- Property condition: Updated/Remodeled,Turnkey
- Year built: 1942
Materials
- Roof: Membrane
- Construction materials: Drywall,Shingle Siding,Wood Siding
Type & Style
- Home type: MultiFamily
- Property subType: Quadruplex
Interior
Appliances
- Appliances included: Dishwasher,Disposal,Gas Oven,Gas Range,Microwave,Refrigerator,Tankless Water Heater,Water To Refrigerator,Water Heater,Dryer,Washer
- Laundry features: Common Area
Bedrooms & Bathrooms
- Bedrooms: 3
- Bathrooms: 4
Features
- Window features: Blinds,Drapes,Screens,Shutters
- Flooring: Laminate,Tile
- Common walls with other units/homes: 2+ Common Walls
Heating
- Heating features: See Remarks,Wall Furnace
Interior Area
- Total structure area: 2,978
- Total interior livable area: 2,978 sqft
Property
Details
- Parcel number: 7245025010
- Attached to another structure: Yes
- Zoning: LBR2I
- Special condition: Standard
- Exclusions: Refrigerators in unit 6516-6518 & 6520 are owned by the tenants.
Features
- Levels: Two
- Stories: 2
- Entry location: Ground
- Pool features: None
- Exterior features: Rain Gutters
- Spa features: None
- Fencing: Average Condition,Wood
- Has view: Yes
- View description: Neighborhood
- Waterfront features: Across the Road from Lake/Ocean
Lot
- Lot size: 2,428 sqft
- Features: 2-5 Units/Acre,Corner Lot,Near Public Transit,Walkstreet
Parking
- Total spaces: 2
- Parking features: Door-Single,Garage,On Street
- Has garage: Yes
- Attached garage spaces: 2
- Covered spaces: 2
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
- Coastal Flooding
- Earthquake
- Heat Wave
- Inland Flooding
- 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 | $13,121 | $157,452 |
| Home Insurance * | $336 | $4,032 |
| Property Taxes | $2,865 | $34,380 |
| Electricity | $638 | $7,663 |
| Total | $16,960 | $203,520 |
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 |
|---|---|---|
| 2026-03-09 | Listed for sale | $2,595,000 |
| 2026-01-31 | Listing removed | $2,875 |
| 2026-01-10 | Price change | $2,875 |
| 2026-01-07 | Price change | $2,950 |
| 2025-12-24 | Listed for rent | $3,000 |
| 2022-03-29 | Listing removed | -- |
| 2022-03-15 | Listed for rent | $2,695 |
| 2020-09-25 | Listing removed | $2,695 |
| 2020-09-11 | Price change | $2,695 |
| 2020-09-01 | Listed for rent | $2,995 |
| 2020-07-27 | Sold | $1,650,000 |
| 2020-06-27 | Pending sale | $1,699,000 |
| 2020-03-25 | Listed for sale | $1,699,000 |
| 2020-03-09 | Pending sale | $1,699,000 |
| 2020-03-01 | Listed for sale | $1,699,000 |
| 1999-07-02 | Sold | $540,000 |
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