Long Beach Peninsula Fourplex
For Sale
$2,595,000
6514 E Ocean Blvd, Long Beach, CA 90803
Fourplex near the beach in desirable Long Beach Peninsula.
Days on Market101
Property Features for 6514 E Ocean Blvd
General Information
Standard status
Active
Property subtype
Investment
Building Details
Year Built
1942
Listing Agency:
(951) 682-1000
Listed By:
Ana Hlavnicka
Source:
Elliman
Added: Apr 24
Changed: Jul 10
Last Checked: Aug 2 at 12:15PM
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
Current Use
Location Intelligence
Trade Area within ½ mile
973
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
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.
