5914 E Ocean Boulevard $1,650,000

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    5914 E Ocean Boulevard Long Beach, CA 90803

    Closed
    SOLD 5/17/2021

    $1,650,000

    • 0 Beds
    • 0 Baths
    • 2,300 sq. ft.
    • Multi-Family
    • MLS# PW21035869
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    Views: 144

    Property Details

    Description

    Amazing 4 units located on the Peninsula in Long Beach. Just steps between Alamitos Bay and the Pacific Ocean. You'll find yourself among some of the most amazing stretches of sand in southern CA with spectacular views of Catalina Island and the lights of downtown. Enjoy all your beach activities, paddle boarding, kayaking while also taking advantage of the bike/jogging paths all the way to downtown Long Beach. You are also just minutes to Belmont Shore with an abundance of quality restaurants and shopping. This is a fantastic opportunity for an investor/owner occupant. These 4 classic beach bungalow units are all 1 bed/1 bath. Amazing, vaulted wood beamed ceilings in the top units, fireplace in the 2 east units and beach themed paneling throughout. Each unit comes with 1 car garage and gated common area patio to BBQ and entertain. Addresses included are 5914 , 5916, 5920 and 5922 and are all separately metered. Take advantage of this outstanding lifestyle & investment opportunity with endless possibilities!! An absolute gem on The Peninsula. The perfect location! Approximate sq/ft per unit: 5914-550 sq/ft, 5916-450 sq/ft, 5920-450 sq/ft, 5922-850 sq/ft.

    • General Features
      • Buyer Compensation 2.500 %
      • Community Features Biking,Watersports,Sidewalks,Street Lights
      • County Or Parish Los Angeles
      • Number Of Buildings 2
      • Number Of Separate Electric Meters 4
      • Number Of Separate Gas Meters 4
      • Number Of Separate Water Meters 1
      • Number Of Units Leased 3
      • Number Of Units Total 4
      • Subdivision Name Peninsula (PI)
      • YearBuilt 1953
    • Building Features
      • Architectural Style Bungalow
      • Cooling None
      • Fireplace Features Living Room
      • Flooring Laminate,Tile,Wood
      • Heating Wall Furnace
      • Interior Features Beamed Ceilings
      • Laundry Features None
      • Levels Two
      • Roof Composition
    • Property Features
      • Lot Size Acres 0.05
      • Lot Features Corner Lot
      • Pool Private Y/N 0
      • Pool Features None
      • View Peek-A-Boo
      • Parking Total 1.00

    Neighborhood

    90803 (Long Beach) Demographics

    45 Median Age
    3,921 Population Density (per sq. mile)
    63% College Educated
    $90,278 Estimated Median Income
    7,266 Estimated Total Home Owners
    9,452 Estimated Total Renters
    43% / 57% Estimated Owner / Renter Divide
    2 Estimated Average Household Size
    32,126 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $1,150,000 Median Sales Price
    35 Homes Sold
    29 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- New in Database Source: Multiple Listing Service New Value: $0 -100%
        5/17/2021 12:00:00 AM Sold Source: Multiple Listing Service New Value: $1,650,000
        Based on information from California Regional Multiple Listing Service, Inc. as of 12/1/2021 3:42:31 PM. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.