5901 E Ocean Boulevard Long Beach, CA $ 5,500,000
5901 E Ocean Boulevard
$ 5,500,000
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5901 E Ocean Boulevard

Long Beach, CA, 90803
$ 5,500,000
Baths1.0 Sq 6,748

Monthly Estimate*

$ 33,864

Listed by Fiv Realty Co
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Studio

Multi-Family Home for sale in Long Beach, CA

for $5,500,000 with 1 full bath. This 6,748 square foot home was built in 1948 on a lot size of 0.1634.

Introducing a rare coastal investment opportunity along the highly coveted Peninsula of Long Beach, an irreplaceable 16 unit multi-residential offering defined by character, location, and long-term upside. Originally crafted in the early 20th century with thoughtful expansions mid-century, this charming collection of residences blends vintage architectural appeal with enduring income potential. Set on a prime coastal parcel just moments from the sand, the property encompasses approximately 6,700+ square feet of rentable living space across a well-utilized lot exceeding 7,100 square feet. The unit mix is both diverse and strategically appealing, featuring a curated combination of one-bedroom residences, airy loft-style studios, classic studios, and one unit currently utilized for airbnb, each offering unique layouts that cater to a wide tenant demographic drawn to the Peninsula lifestyle. Enhancing both convenience and value, the property includes six private garages, an exceptional amenity in this beachside enclave, presenting not only immediate value for residents but also compelling potential for reconfiguration, additional income streams, or future ADU conversion (buyer to verify). Surrounded by the vibrant energy of Belmont Shore, Alamitos Bay, and the Pacific coastline, this asset represents a sophisticated blend of coastal charm, architectural legacy, and forward-looking investment potential in one of Long Beach’s most tightly held seaside neighborhoods.

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Multi-Family Active

Price

$ 5,500,000

Bedrooms

Studio

Full Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.1634

Year Built

1948

Town/City

Long Beach

County/Region

Los Angeles

MLS | Web ID

RS26083044

Days on Market

9

Features
General
Sewer Public Sewer
Garage Spaces 6
Pool Features None
Year Built 1948
Tenant Pays Electricity Gas
Property Subtype Mixed Use
Gross Income 415718
Community Features Suburban
Additional Parcels Description 7245019031
County Los Angeles
Net Operating Income 280696
Operating Expense 130603
Insurance Expense 1690
New Construction false
Property Type Residential Income
MaintenanceExpense 10601
Subdivision Name Peninsula (PI)
Garage Y/N true
Special Listing Conditions Standard
Status Active
City Long Beach
Entry Location 1
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 7119
Listing Terms Cash Conventional
Property Attached Y/N true
Land Lease Y/N false
Electric Expense 1163
Trash Expense 8156.8
Additional Parcels Y/N false
Rent Control Y/N false
Building Area Units Square Feet
Standard Status Active
Year Built Source Public Records
Tax Lot 15
Property Sub Type Additional Mixed Use
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Interior
Total Stories 2
Common Walls 2+ Common Walls
Laundry Features Common Area
Entry Level 1
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Exterior
Lot Features 16-20 Units/Acre
Water Source Public
Total Parking 6
Lot Size Area 7119
Number of Buildings 2
Building Area Total 6748
Lot Size Acres 0.1634
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
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* Excluded Features
List By
Fiv Realty Co

Broker

andycarterrealty@gmail.com

Email

Affordability Calculator

$33,864
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Monthly Principal & Interest
$33,864
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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
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/18/2026$5,500,000 Listed Price

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5901 E Ocean Boulevard, Long Beach, CA, 90803 is a Multi-Family Home for sale at $5,500,000 with 6,748 sqft and a lot size of 0.1634. 5901 E Ocean Boulevard 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