




5901 E Ocean Blvd, Long Beach, CA, 90803
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
Schools
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
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 | $27,810 | $333,720 |
| Home Insurance * | $712 | $8,544 |
| Property Taxes | $3,070 | $36,840 |
| Electricity | $1,447 | $17,364 |
| Total | $33,039 | $396,468 |
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)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-04-18 | Listed for sale | $5,500,000 |
