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5901 E Ocean Blvd, Long Beach, CA, 90803

7beds
16baths
6,748sqft
$5,500,000
$815price/sqft
$33,039/moest. monthly cost
$1,321,560/yrincome needed

About This Home

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.

Getting Around

46
WalkingCar-Dependent
28
TransitSome Transit
49
BikeSomewhat Bikeable

Schools

8/10
Naples Elementary SchoolGrades K-50.4 mi
8/10
Rogers Middle SchoolGrades 6-81.3 mi
6/10
Wilson High SchoolGrades 9-122.1 mi

Construction

Condition

  • Year built: 1948

Type & Style

  • Home type: MultiFamily
  • Property subType: Mixed Use

Interior

Appliances

  • Laundry features: Common Area

Bedrooms & Bathrooms

  • Bedrooms: 7
  • Bathrooms: 16

Features

  • Common walls with other units/homes: 2+ Common Walls

Interior Area

  • Total structure area: 6,748
  • Total interior livable area: 6,748 sqft

Property

Details

  • Parcel number: 7245019030
  • Attached to another structure: Yes
  • Special condition: Standard

Features

  • Entry location: 1
  • Pool features: None

Lot

  • Lot size: 7,119 sqft
  • Features: 16-20 Units/Acre

Parking

  • Total spaces: 6
  • Parking features: Garage
  • Has garage: Yes
  • Attached garage spaces: 6
  • Covered spaces: 6