5339 E Ocean, Long Beach, CA 90803
5339 E Ocean, Long Beach, CA 90803
5339 E Ocean, Long Beach, CA 90803
5339 E Ocean, Long Beach, CA 90803
5339 E Ocean, Long Beach, CA 90803
5339 E Ocean, Long Beach, CA 90803
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Douglas Anderson

Douglas Anderson

+1(509) 216-3420
$ 3,200,000
Est. payment | /mo

3 Beds

3 Baths

2,540 Sqft Lot

Save
$ 3,200,000
Est. payment | /mo
Save

3 Beds

3 Baths

2,540 Sqft Lot

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID SB26061371

Bedrooms 3

Lot Size 2,540 Sqft

Property Sub-Type Res Income 2-4 Units

Property Description

Location Location Location! Ocean Front Assets are the gold standard for real estate. Do not miss this. Unobstructed Ocean Views and the highest Cap Rate (4.71%) you will ever find in Belmont Shore on the Ocean in this Incredible Ocean Front 6 unit with Parking! You can't beat this asset. The Beach House is a incredibly rare property to come across. Stunning remodels with new plumbing, electrical, and high end finishes. Each unit has Washer and Dryer in unit and a beautiful layout maximizing the ocean views here on Ocean Blvd. Steps to the sand and even more rare for Belmont Shore, this asset comes with 4 parking spaces. You will not find beach front properties this cheap maybe ever again. 5339 E Ocean Blvd is an ideal opportunity for investors seeking a turnkey coastal multifamily generational asset with zero deferred maintenance, immediate leasing opportunity to put your own tenants in and an exceptional location-driven rental appeal in one of Southern Californias most desirable beach communities. Four of the units are rare front-facing one-bedroom residences with ocean and water views, creating a highly compelling lifestyle rental product in one of Long Beachs most sought-after beachside communities. The remaining two renovated one-bedroom units further round out a turnkey investment with broad tenant appeal. With the Olympics coming to the Belmont Shore Swimming Pool and the World Cup on it's way as well. AIR BNB opportunities are endless. The Beach House at 5339 E Ocean Blvd in the most desirable Belmont Shore asset you will find. One of the only locations on Ocean Blv

Location

State CA

County Los Angeles

Zoning See Remark

Direction 405 Fwy to 605 Fwy South, exit 7th St and go west, left on Bay Shore Ave, right on Ocean Blvd. Property is on the right.

Interior

Fireplace No

Exterior

View Y/N No

Building

Story 2

Level or Stories 2

Others

Senior Community No

Tax ID 7245007026

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

MLS Router / San Diego MLS
Listed by Cameron Samimi, DRE#02035763 Lyon Stahl Investment Real Estate, Inc. 
Douglas Anderson

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(509) 216-3420

d.andersonrealtysd@gmail.com

4440 Twain Ave. #326, San Diego, California, 92120, USA

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5339 E Ocean