4915 E Ocean, Long Beach, CA 90803
- $4,900,000
- 5
- BD
- 5
- BA
- List Price
- $4,900,000
- Price Change
- ▼ $75,000 1787283435
- Days on Market
- 163
- Status
- ACTIVE
- MLS#
- PW26084370
- Bedrooms
- 5
- Bathrooms
- 5
- Lot Size(apprx.)
- 5,106
- City
- Long Beach
- Neighborhood
- Belmont Shore
- Property Type
- Multifamily
Property Description
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. 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.
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Additional Information
- Lot Size
- 5,106
- Neighborhood
- Belmont Shore
- Tenant Pays
- Electricity, Gas/Propane
Mortgage Calculator
Listing courtesy of Listing Agent: Brigitte Schroeder (562-716-8385) from Listing Office: MJC Realty.
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