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5901 E Ocean Blvd
Long Beach, CA 90803
Multifamily Property For Sale
·
16 Units
Investment Highlights
- True Pride of Ownership Legacy Asset: Built in 1923 & 1948
- Amenities That All Tenants Value: Synergized Outdoor Space, Private Laundry Room, and Private Parking
- Ability to Add Two Additional ADU Units to Increase Value for a New Investor
- Two Contiguous Parcels on Three Lots Operating as One Property (11 Units and 4+1 Units), Providing Flexible Entry and Exit Strategies
- Located in Close Proximity to 2nd & PCH, Belmont Shore, and Seal Beach Main Street
Property Facts
| No. Units | 16 | Building Size | 6,697 SF |
| Property Type | Multifamily | Average Occupancy | 99% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1948 |
| Building Class | C | Parking Ratio | 0.25/1,000 SF |
| Lot Size | 0.10 AC | ||
| Zoning | RR2I, Long Beach - Residential / Multi Family | ||
| No. Units | 16 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.10 AC |
| Building Size | 6,697 SF |
| Average Occupancy | 99% |
| No. Stories | 2 |
| Year Built | 1948 |
| Parking Ratio | 0.25/1,000 SF |
| Zoning | RR2I, Long Beach - Residential / Multi Family |
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
Site Amenities
- 24 Hour Access
- Tenant Controlled HVAC
- Public Transportation
- Walk-Up
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 16 | - | - |
Property Taxes
| Parcel Number | 7245-019-030 | Improvements Assessment | $338,124 |
| Land Assessment | $791,541 | Total Assessment | $1,129,665 |
Property Taxes
Parcel Number
7245-019-030
Land Assessment
$791,541
Improvements Assessment
$338,124
Total Assessment
$1,129,665
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