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Livingston Place Apartments in Belmont Shore
For Sale
$12,200,000

5120 E Livingston Dr, Long Beach, CA 90803

26-unit apartment complex in Belmont Shore, steps from the beach.

Property Size16,874 SF
Lot Size0.37 Acres
Days on Market179

Property Features for 5120 E Livingston Dr

General Information

Standard status Active
Size 16,874 SF
Lot size 0.37 Acres
Property subtype Investment

Building Details

Building Size 16,874 SF
Year Built 1943
Stories 2
Units 26
Listing Agency: Keller Williams Realty Downey
Listed By: Robert Stepp · License #01456379
Source: Elliman
Added: Mar 11 Changed: Sep 2 Last Checked: Sep 4 at 1:48PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Realty Downey

Investment Insights

Based on property information with market context.

Livingston Place is a 26-unit apartment complex located at 5120 Livingstone Drive in the Belmont Shore rental submarket of Long Beach. The property consists of 1-bedroom, 1-bathroom units in varying sizes, all remodeled with modern kitchens and bathrooms. A spacious and inviting common courtyard enhances the living experience, featuring BBQ and dining facilities. The oversized lot includes 13 private garages. Recent capital improvements include upgraded electrical panels and completed seismic retrofitting. Livingston Place offers a location just steps from the beach and within close proximity to Naples Island, the shopping and dining scene of 2nd Street, and Alamitos Bay.

Key Highlights

  • Prime Belmont Shore location, steps from the beach, 2nd Street, Naples Island, and Alamitos Bay.
  • Attractive assumable financing at 2.97% with 60% LTV through 2030.**
  • All units are remodeled 1‑bedroom, 1‑bathroom apartments with modern kitchens and bathrooms.

Property Analytics

Current Use

Beach Front Property ... Apartment Complex

Suggested Use

Top Pick Dental Office Food Market Grocery & Convenience Store Daycare Center HVAC Service Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,544
Businesses Nearby

Demographics for 90803, CA

32,192
Population
18,516
Households
1.7
Avg Household Size
46
Median Age
61%
College-Educated
95%
High-School Grad
4.1 sq mi
ZIP Area
7,852
Density / Sq Mi
$111,500
Median Household Income
$73,944
Median Earnings
$2,073
Median Rent
$1,138,300
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - 26-unit apartment complex in Belmont Shore, steps from the beach.
Where is this apartment building located?
The property is located at 5120 E Livingston Dr Long Beach, CA.
What is the asking price?
The asking price for this property is $12,200,000.
What are key features of this property?
This property features: Prime Belmont Shore location, steps from the beach, 2nd Street, Naples Island, and Alamitos Bay.; Attractive assumable financing at 2.97% with 60% LTV through 2030.**; All units are remodeled 1‑bedroom, 1‑bathroom apartments with modern kitchens and bathrooms.
More about this property
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