5267 E Ocean Boulevard, Long Beach, CA, 90803

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$3,299,000
157 Days On Site

5267 E Ocean Boulevard
Long Beach, CA 90803

For Sale|Quadruplex|Active
0
Beds
0
Full Baths
0
Partial Baths
2,703
SqFt
$1,220
/SqFt
1953
Built
Subdivision:
Belmont Shore (BSD)
County:
Los Angeles
Listed by Kathy Veysey of Keller Williams Realty [email protected]

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5267 E Ocean Boulevard5267 E Ocean Boulevard5267 E Ocean Boulevard5267 E Ocean Boulevard
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Welcome to this COMPLETELY RENOVATED Trophy property, an exceptional Oceanfront fourplex located in the highly coveted Belmont Shore neighborhood. Just steps from the sandy beach, this rare investment opportunity offers a remarkable Cap Rate of 5.82% with a NET Income of $203,600. and a Pro forma Cap of 8.35%. Situated in one of Long Beach’s most desirable areas, this property is in close proximity to Naples Island, 2nd Street shopping and dining, Alamitos Bay, the Long Beach Bike/Walking Path, and the renowned Belmont Athletic Club. This two-level fourplex comprises three 1 BD/1 BA units and one 2 BD/1 BA unit with a private sundeck, all meticulously renovated with high-end designer fixtures, finishes, and furnishings. Over $500,000 was invested into the property's renovations, which include new cabinets, countertops, waterproof flooring, designer bathroom tiles, modern light fixtures, fresh paint, and luxurious furnishings. Additional building improvements feature new electrical and plumbing upgrades, exterior landscaping, new pavers, a front gate, turf, plants, and enhanced lighting including in-ground lighting. Investment opportunities of this quality and in this exclusive pocket are rare and highly sought after. With all units currently occupied, this is a unique chance to own a piece of Belmont Shore. For additional income, consider hosting oceanfront events on the patio, adding two loft-style ADUs in each garage, constructing a third-story penthouse apartment, and creating a rooftop sundeck. Enhance the indoor-outdoor living experience by adding a balcony to the upstairs oceanfront unit. Seize this rare opportunity to invest in a luxury oceanfront property that promises both immediate returns and significant long-term value. Contact us today to schedule a viewing and explore the endless possibilities this trophy property has to offer.

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Listing Snapshot
Price 
$3,299,000
Days On Site 
157 Days
Bedrooms 
N/A
Inside Area (SqFt) 
2,703 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.062 Acres
Year Built 
1953
MLS® Number 
PW24149314
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
4 weeks agoPrice changed to $3,299,000
4 weeks agoListing updated with changes from the MLS®
5 months agoStatus changed to Active
5 months agoListing first seen on site
General Features
Acres 
0.062
Disclosures 
Coastal ZoneEarthquake Insurance Available
Garage 
Yes
Garage Spaces 
4
Green Energy Efficient 
LightingWindowsAppliancesWater Heater
Number Of Stories 
2
Parking Spaces 
4
Property Condition 
Updated/Remodeled
Property Sub Type 
Quadruplex
Security 
PrewiredSecurity SystemCarbon Monoxide Detector(s)24 Hour SecurityKey Card EntrySmoke Detector(s)Security LightsFirewall(s)
Sewer 
Public Sewer
Special Circumstances 
Standard
SqFt Total 
2703
Stories 
Two
Style 
ContemporaryPatio Home
Utilities 
Cable AvailableNatural Gas AvailableCable ConnectedNatural Gas ConnectedPhone AvailableSewer ConnectedWater Connected
Water Source 
Public
Zoning 
LBR4R
Interior Features
Appliances 
DishwasherOvenENERGY STAR Qualified AppliancesENERGY STAR Qualified Water HeaterExhaust FanGas CooktopDisposalGas OvenGas RangeGas Water HeaterIce MakerMicrowavePortable DishwasherRefrigeratorRange HoodSelf Cleaning OvenTrash CompactorWater HeaterWater PurifierDryer
Fireplace 
Yes
Fireplace Features 
ElectricGasLiving Room
Flooring 
LaminateTileVinylWood
Furnished 
Furnished
Heating 
Wall Furnace
Interior 
Wet BarCeiling Fan(s)Crown MoldingGranite CountersOpen FloorplanPantryRecessed LightingStorageBarMaster Downstairs
Laundry Features 
Common AreaElectric Dryer HookupGas Dryer HookupInsideLaundry ClosetIn Garage
Window Features 
Window CoveringsBlindsDouble Pane WindowsDrapesENERGY STAR Qualified WindowsInsulated WindowsScreensShutters
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Exterior Features
Construction Details 
Stucco
Exterior 
BarbecueRain Gutters
Fencing 
BlockMasonryPrivacyVinyl
Lot Features 
Front YardSprinklers In FrontLandscapedPaved
Other Structures 
Second GarageStorage
Pool Features 
None
Road Frontage 
City Street
View 
CityCity LightsOceanWater
Waterfront 
Yes
Waterfront Features 
Beach AccessBeach FrontOcean AccessOcean Front
Waterview 
CityCity LightsOceanWater
Windows/Doors 
Window CoveringsBlindsDouble Pane WindowsDrapesENERGY STAR Qualified WindowsInsulated WindowsScreensShutters
Community Features
Building Access 
Front of Building
Community Features 
CurbsFishingGolfParkStreet LightsSidewalks
Financing Terms Available 
CashConventionalContractFHAOwner Pay PointsPrivate Financing Available
MLS Area 
1 - Belmont Shore/Park,Naples,Marina Pac,Bay Hrbr
Roads 
Paved


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. The 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, the 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.

Neighborhood & Commute
Source: Walkscore
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