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Seashore Apartments 4915 E Ocean Blvd 10 Unit Apartment Building $4,975,000 ($497,500/Unit) Long Beach, CA 90803
Investment Highlights
- Rare Oceanfront Location
- Potenial to upgrade the flat rooftop of the builing for shared space
- Potential to use the "Jewel of the building unit" as a short term rental
Executive Summary
Prime Investment Property in a rare Oceanfront location in Belmont Shore. This beautiful 10-unit apartment complex sits directly across from the beach, with sparkling ocean views that will never be blocked! The property is being sold with seven tenant-occupied units, with a substantial rental upside. The owners have begun significant improvements to elevate the building and maximize the rental income potential. Highlights are the prime unit under renovation with best views, adding a shared laundry room, City of Long Beach permitting short-term rental for 1 unit, and Long Beach in the Spotlight for the 2028 Olympics.
Financial Summary (Pro Forma - 2026) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Pro Forma - 2026) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | $4,975,000 | Apartment Style | Low-Rise |
| Price Per Unit | $497,500 | Building Class | B |
| Sale Type | Investment | Lot Size | 0.12 AC |
| No. Units | 10 | Building Size | 8,372 SF |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built/Renovated | 1930/2025 |
| Zoning | LBR4R - Multiple Dwelling | ||
| Price | $4,975,000 |
| Price Per Unit | $497,500 |
| Sale Type | Investment |
| No. Units | 10 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.12 AC |
| Building Size | 8,372 SF |
| No. Stories | 3 |
| Year Built/Renovated | 1930/2025 |
| Zoning | LBR4R - Multiple Dwelling |
Amenities
Unit Amenities
- Views
Site Amenities
- Controlled Access
- Courtyard
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 1 | $2,095 | 550 |
| 1+1 | 7 | $2,495 | 675 - 850 |
| 2+1 | 1 | $2,495 | 950 |
| 2+2 | 1 | $4,950 | 1,225 |
1 1
Moderately walkable
60/100
Moderately drivable
70/100
Limited public transit
30/100
Exceptionally bikeable
90/100
Property Taxes
| Parcel Number | 7247-020-025 | Improvements Assessment | $833,788 (2025) |
| Land Assessment | $1,337,281 (2025) | Total Assessment | $2,171,069 (2025) |
Property Taxes
Parcel Number
7247-020-025
Land Assessment
$1,337,281 (2025)
Improvements Assessment
$833,788 (2025)
Total Assessment
$2,171,069 (2025)
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Presented by
MJC Realty
Seashore Apartments | 4915 E Ocean Blvd
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