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Listed by Kevin King • Marcus & Millichap
$ 6,495,000
Est. payment /mo
Price Dropped by $250K
5901 East Ocean Boulevard Long Beach, CA 90803
6,748 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Square Footage 6,748 sqft
Price per Sqft $962
Subdivision Peninsula
MLS Listing ID PW-25131179
Year Built 1948
Lot Size 7,119 Sqft
Property Sub-Type Apartment
Property Description
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 loft unit, three loft studios, five studios, and one bachelor unit. It contains six garages providing essential parking and flexible future income / ADU opportunities. Two Contiguous Parcels on Three Lots Operating as One Property (11 Units and 4+1 Units), Providing Flexible Entry and Exit Strategies.
Location
State CA
County Los Angeles
Area 1 - Belmontshore/Pk, Naples, Marinapac, Bay Hbr
Zoning LBR2I
Interior
Laundry Community
Exterior
Parking Features Gated
Garage Spaces 6.0
Pool None
Community Features Biking, Curbs
Building
Lot Description 16-20 Units/Acre
Sewer Public Sewer