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Long Beach Peninsula Fourplex Investment

6514 E Ocean Blvd Long Beach, CA 90803

6514 E Ocean Blvd, Long Beach, CA, 90803
$2,595,000
For Sale
$2,595,000

Fourplex near the beach in desirable Long Beach Peninsula.

Days on Market85

Property Features for 6514 E Ocean Blvd

General Information

Standard status
Active
Property subtype
Investment

Building Details

Year Built
1942
Listing Agency
Listed by Ana Hlavnicka
Source Elliman
Added: Apr 24 Checked: Jul 16 at 3:07 am

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 Ana Hlavnicka


Investment Insights

Based on property information with market context.

This fourplex is located in the Peninsula area of Long Beach, near the beach. The building features four units: two 1-bedroom/1-bath units on the second floor, and one 1-bedroom/1-bath unit plus one studio/1 bath on the first floor. Each unit has a private entrance and a separate address (6514, 6516, 6518, and 6520), and electric is individually metered. All units are tenant-occupied. Tenants in Units 6514 and 6516 have access to the two one-car garages. A common laundry room is available for all tenants, equipped with a newer washer and dryer. Unit 6514 was updated in 2020. Units 6514 and 6520 have mini-split A/C and heating systems, while Units 6516 and 6518 have wall heaters and no air conditioning. Each unit benefits from natural light and has been maintained. The property is situated between the Pacific Ocean and Alamitos Bay, near the shops, restaurants, and nightlife of Belmont Shore, and beachside activities such as kayaking, paddle boarding, sailing, and biking and running paths to downtown and the Queen Mary. The Alamitos Bay Yacht Club and Long Beach Yacht Club are also nearby. The property is subject to a 1031 Exchange. The bike score is 68, making it bikeable, the walk score is 84, making it very walkable, and the transit score is 30, indicating some transit options.

Key Highlights

  • Steps from the beach in the desirable Long Beach Peninsula.
  • Four units (two 1‑bedroom/1‑bath, one 1‑bedroom/1‑bath, one studio/1‑bath) each with private entrance and separate address.
  • Individually metered electric for each unit.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

Daycare Center Grocery & Convenience Store Grocery & Convenience Store HVAC Service Garden Center (Bike/Boat/Book/etc) Store Locksmith Storage Facility (Bike/Boat/Book/etc) Store Catering Service

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Quadplex - Fourplex near the beach in desirable Long Beach Peninsula.
Where is this quadplex located?
The property is located at 6514 E Ocean Blvd Long Beach, CA.
What is the asking price?
The asking price for this property is $2,595,000.
What are key features of this property?
This property features: Steps from the beach in the desirable Long Beach Peninsula.; Four units (two 1‑bedroom/1‑bath, one 1‑bedroom/1‑bath, one studio/1‑bath) each with private entrance and separate address.; Individually metered electric for each unit.
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