Back to Search
5901 E Ocean Blvd
For Sale $6,100,000
$6,100,000
- Unknown Bedrooms
- Unknown Bathrooms
- Unknown Sq Ft
- 7,119 Sq Ft
Description
We are pleased to present a 16-unit multifamily property located on the Peninsula in Long Beach, CA 90803. Built in 1923 & 1948, the subject property consists of 6,748 rentable square feet spread throughout a 7,119 square foot lot. The building consists of six 1-bedroom / 1 bathroom units, one 1-bedroom / 1-bathroom loft unit, three loft studios, five studios, and one bachelor unit. It contains six garages providing essential parking and flexible future income / ADU opportunities. Two Contiguous Parcels on Three Lots Operating as One Property (11 Units and 4+1 Units), Providing Flexible Entry and Exit Strategies.
Amenities
Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt
Property Details
| List Price | $6,100,000 |
| Property Type | Condo/Co-Op |
| Usable Sqft | Unknown |
| Number of Stories | 2 stories |
| Parking Spots | 6 spots |
| Year Built | 1948 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | 7245019030 |
| MLS # | PW25131179 |
| Property ID | 292009932 |
| Lot Sqft | 7,119 |
| Zoning | LBR2I |
| Total Units | 16 |
| Days on Market | 233 |
| Original List Price | $6,745,000 |
| Date Updated | December 04, 2025 |
| Date Created | June 11, 2025 |
| Unit # | Beds | Baths | Current Rent | Proforma Rent |
| Unit #1 | $410,220 | $0 |
| Net Income (Yr) | $ 279,065 |
| Cap Rate | 4.57% |
Listing Provided By
Kevin King an agent of . Lic #01158184
© 2026 CRMLS. All rights reserved. Some listings on this website are from CRMLS as of December 04, 2025 The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Contact Agent
Schedule Appointment
Showing Agent
Loading agent...
- 30 mins
- America/Phoenix
Sun
Mon
Tue
Wed
Thu
Fri
Sat
Robert Crawford
REAL ESTATE AGENT