6514 E Ocean Boulevard E Long Beach, CA $ 2,595,000
6514 E Ocean Boulevard E
$ 2,595,000
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6514 E Ocean Boulevard E

Long Beach, CA, 90803
$ 2,595,000
Baths1.0 Sq 2,978

Monthly Estimate*

$ 15,978

Listed by WSR Real Estate Inc.
6514 E Ocean Boulevard E, Long Beach, CA 90803 - Image 1
6514 E Ocean Boulevard E, Long Beach, CA 90803 - Image 2
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6514 E Ocean Boulevard E, Long Beach, CA 90803 - Image 4
6514 E Ocean Boulevard E, Long Beach, CA 90803 - Image 5
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6514 E Ocean Boulevard E, Long Beach, CA 90803 - Image 7
6514 E Ocean Boulevard E, Long Beach, CA 90803 - Image 8
6514 E Ocean Boulevard E, Long Beach, CA 90803 - Image 9
6514 E Ocean Boulevard E, Long Beach, CA 90803 - Image 10
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6514 E Ocean Boulevard E, Long Beach, CA 90803 - Image 13
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Studio

Multi-Family Home for sale in Long Beach, CA

for $2,595,000 with 1 full bath. This 2,978 square foot home was built in 1942 on a lot size of 0.0557.

Multifamily fourplex located in the highly desirable Peninsula area of Long Beach, just steps from the beach. The building consists of four units: two 1-bedroom/1-bath units located on the second floor, and one 1-bedroom/1-bath unit plus one studio/1 bath on the first floor. Each unit has its own private entrance, separate address (6514, 6516, 6518, and 6520), and electric is individually metered. All units are currently tenant-occupied. Tenants in Units 6514 and 6516 also have use of the two one-car garages. The property is well maintained, with Unit 6514 fully updated in 2020. All tenants share a common laundry room equipped with a newer washer and dryer. Units 6514 and 6520 feature mini-split A/C and heating systems, while Units 6516 and 6518 have wall heaters and no air conditioning. Each unit offers great natural light and has been well cared for. This property presents a fantastic opportunity to own a well-maintained investment building just steps from the beach. Ideally situated between the Pacific Ocean and Alamitos Bay on the highly sought-after Long Beach Peninsula. Enjoy close proximity to the shops, restaurants, and nightlife of Belmont Shore, along with beachside activities including kayaking, paddle boarding, sailing, and scenic biking and running paths leading to downtown and the iconic Queen Mary. Nearby access to the Alamitos Bay Yacht Club and Long Beach Yacht Club enhances the exceptional coastal lifestyle this property offers. ( Pictures are from 2020-2021 , updated pictures will be posted soon )- Subject to 1031 Exchange.

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Multi-Family Active

Price

$ 2,595,000

Bedrooms

Studio

Full Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.0557

Year Built

1942

Town/City

Long Beach

County/Region

Los Angeles

MLS | Web ID

SW26050870

Days on Market

4

Features
General
Sewer Public Sewer
Heating See Remarks Wall Furnace
Utilities Cable Connected Electricity Connected Natural Gas Connected Sewer Connected Water Connected
Possession Close Of Escrow
Roof Membrane
Appliances Dishwasher Disposal Gas Oven Gas Range Microwave Refrigerator Tankless Water Heater Water To Refrigerator Water Heater Dryer Washer
Zoning LBR2I
HOA Fee 0
Garage Spaces 2
Pool Features None
Security Features Carbon Monoxide Detector(s) Smoke Detector(s)
Construction Materials Drywall Shingle Siding Wood Siding
Exclusions Refrigerators in unit 6516-6518 & 6520 are owned by the tenants.
Year Built 1942
Electric Standard
Tenant Pays Electricity Gas Trash Collection
View Neighborhood
Stories Count 2
Levels Two
Property Subtype Quadruplex
Gross Income 115980
Waterfront Features Across the Road from Lake/Ocean
Community Features Biking Curbs Gutter(s) Street Lights Sidewalks
County Los Angeles
Net Operating Income 76306
Operating Expense 39674
Insurance Expense 2499
New Construction false
Property Type Residential Income
HOA false
Subdivision Name Peninsula (PI)
Garage Y/N true
Special Listing Conditions Standard
Status Active
Directions On the corner of 66th place and E Ocean Blvd.
City Long Beach
Disclosures Coastal Zone Flood Insurance Required Flood Plain Disclosure Rent Control
Entry Location Ground
Senior Community Y/N false
Number Of Units Total 4
MLS Area 1 - Belmont Shore/Park Naples Marina Pac Bay Hrbr
Lot Size Units Square Feet
Lot Size Square Feet 2428
Number of Units Leased 4
Listing Terms Cash Cash to New Loan Conventional 1031 Exchange Submit
Spa Features None
Property Attached Y/N true
Land Lease Y/N false
Electric Expense 0
Fuel Expense 0
Property Condition Updated/Remodeled Turnkey
Trash Expense 0
Water Sewer Expense 1680
Additional Parcels Y/N false
Rent Control Y/N true
Building Area Units Square Feet
Standard Status Active
Year Built Source Assessor
Tax Lot 10
Total Actual Rent 9665
Property Sub Type Additional Quadruplex
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Interior
Flooring Laminate Tile
Total Stories 2
Common Walls 2+ Common Walls
Heating Y/N true
Window Features Blinds Drapes Screens Shutters
Laundry Features Common Area
Entry Level 2
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Exterior
Exterior Amenities Rain Gutters
Fencing Average Condition Wood
Parking Features Door-Single Garage On Street
Lot Features 2-5 Units/Acre Corner Lot Near Public Transit Walkstreet
Water Source Public
Total Parking 2
Inclusions Laundry Room Washer/ Dryer & the Refrigerator in unit 6514
Lot Size Area 2428
Number of Buildings 1
Spa false
Building Area Total 2978
Lot Size Acres 0.0557
Road Surface Type Paved
Private Pool false
Lot Size Source Assessor
Pool Charge 0
Number of Separate Water Meters 1
Number of Separate Gas Meters 4
Number of Separate Electric Meters 4
Road Frontage Type City Street
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* Excluded Features
List By
Wsr Real Estate Inc.

Broker

ana@wsr.net

Email

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$15,978
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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
3/9/2026$2,595,000 Listed Price

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6514 E Ocean Boulevard E, Long Beach, CA, 90803 is a Multi-Family Home for sale at $2,595,000 with 2,978 sqft and a lot size of 0.0557. 6514 E Ocean Boulevard E is a studio with 1.0 baths and was built in 1942. The property's zip code is 90803 which is in Long Beach, CA