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5901 E Ocean Blvd Long Beach, CA 90803

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For Sale
$6,250,000

16-unit multifamily property in Long Beach, California.

Lot size:
0.16 Acres

Property Features for 5901 E Ocean Blvd

General Information

Lot size
0.16 Acres

Building Details

Year built
1948

Source: Keller Williams Coastal Properties I Agent Kevin King

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Long Beach Multifamily Property

This multifamily property is located on the Peninsula in Long Beach, CA 90803. Constructed in 1923 and 1948, the property includes 16 units within 6,748 rentable square feet, situated on a 7,119 square foot lot. The unit mix comprises six 1-bedroom/1-bathroom units, one 1-bedroom/1-bathroom loft unit, three loft studios, five studios, and one bachelor unit. Six garages are included, offering parking and potential for future income or ADU development. The property consists of two contiguous parcels on three lots operating as one property, with 11 units and 4+1 units, allowing for flexible entry and exit strategies.
Insight Report Location Intelligence

Current Use by Public Records

DNA Promotions: Boat ... Event Planner

Suggested Use

Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Grocery Store

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

Location Insight

  • Map
  • Local Demand
City
Long Beach
County
Los Angeles
State
California
Longitude
-118.1242442
Latitude
33.7495086

FAQs

What type of property is this?
Apartment building - 16-unit multifamily property in Long Beach, California.
Where is this apartment building located?
The property is located at 5901 E Ocean Blvd Long Beach, CA.
What is the asking price?
The asking price for this property is $6,250,000.
What are key features of this property?
This property features: - 16-unit multifamily property on the Peninsula in Long Beach, CA.; - Six garages offering parking and ADU potential.; - Two contiguous parcels on three lots provide flexible entry and exit strategies.
More about this property
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