5901 E Ocean Long Beach, CA ^$ 6,100,000

5901 E Ocean

^$ 6,100,000

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Recently Listed

5901 E Ocean

Long Beach, CA, 90803

^$ 6,100,000

Studio Baths1.0 Sq 6,748

Monthly Estimate*

^$ 37,559

Listed by Marcus & Millichap

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Studio

Multi-Family Home for sale in Long Beach, CA

for $6,100,000 with 1 full bath. This 6,748 square foot home was built in 1948 on a lot size of 0.1007.

We are pleased to present a 16-unit multifamily property located on the Peninsula in Long Beach, CA 90803. Built in 1923 & 1948, the subject property consists of 6,748 rentable square feet spread throughout a 7,119 square foot lot. The building consists of six 1-bedroom / 1 bathroom units, one 1-bedroom / 1-bathroom unit, three loft studios, five studios, and one bachelor unit. It contains six garages providing essential parking and flexible future income / ADU opportunities.

Multi-Family Active

Price

^$ 6,100,000

Bedrooms

Studio

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.1007

Year Built

1948

Town/City

Long Beach

County/Region

Los Angeles

MLS | Web ID

PW26025768

Days on Market

Features

General

Sewer Public Sewer

Garage Spaces 4

Pool Features None

Year Built 1948

Property Subtype Apartment

Gross Income 411299

Community Features Curbs Sidewalks

Additional Parcels Description 7245019031

County Los Angeles

Net Operating Income 280696

Operating Expense 130603

Insurance Expense 10000

New Construction false

Property Type Residential Income

MaintenanceExpense 10601

Subdivision Name Naples (NA)

Garage Y/N true

Special Listing Conditions Standard

Status Active

Directions Ocean BLVD. & 59th PL

City Long Beach

Entry Location Front

Senior Community Y/N false

Number Of Units Total 16

MLS Area 1 - Belmont Shore/Park Naples Marina Pac Bay Hrbr

Lot Size Units Square Feet

Lot Size Square Feet 4386

Listing Terms Cash Cash to New Loan 1031 Exchange

Property Attached Y/N true

Land Lease Y/N false

Electric Expense 3125

Fuel Expense 3125

Trash Expense 3125

Water Sewer Expense 3125

Additional Parcels Y/N true

Rent Control Y/N true

Building Area Units Square Feet

Standard Status Active

Year Built Source Assessor

Tax Lot 15

Property Sub Type Additional Apartment

Taxes 76250

Interior

Total Stories 2

Common Walls 2+ Common Walls

Laundry Features Common Area

Entry Level 1

Exterior

Lot Features 16-20 Units/Acre

Water Source Public

Total Parking 4

Lot Size Area 4386

Number of Buildings 2

Building Area Total 6748

Lot Size Acres 0.1007

Private Pool false

Lot Size Source Assessor

Number of Separate Water Meters 16

Number of Separate Gas Meters 16

Number of Separate Electric Meters 16

* Excluded Features

List By

Marcus & Millichap

Broker

kking@marcusmillichap.com

Affordability Calculator

$37,559

Per Month

Monthly Principal & Interest: $37,559
Monthly Property Taxes: --
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Long Beach, CA

Average List Price ^$1,806,769

Percent of Sale Price 70%

About Long Beach, CA

470,090 Population

2% Since 2002

^$57,916 Median Income

35.78 Median Age

30% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4827338 Elementary School

4827337 Middle School

Unknown High School High School

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Pricing History

Date	Price	Price Change	Description
2/4/2026	$6,100,000		Listed Price

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5901 E Ocean, Long Beach, CA, 90803 is a Multi-Family Home for sale at $6,100,000 with 6,748 sqft and a lot size of 0.1007. 5901 E Ocean is a studio with 1.0 baths and was built in 1948. The property's zip code is 90803 which is in Long Beach, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 2/8/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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5901 E Ocean

Multi-Family Home for sale in Long Beach, CA

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