1 of 18

Want to see similar homes for sale?

5325 E Ocean Boulevard

Long Beach, CA 90803

– beds
– baths
– sqft
3,542 sqft lot
1955 build
– on site

More homes

Mid-century style apartment building in "PRIME" Belmont Shore location with unobstructed ocean views! There are eight one-bedroom units with laundry room, storage and tuck-under carport parking for four cars. This "trophy" property has not been on the market in over thirty-five years! All units are individually metered for gas & electricity. Plenty of opportunity to increase rental values as tenants relocate and units continue to be upgraded. Rental income shown is current and expenses shown are from last year's operating statement. Beach is directly across the street with close by access to Belmont Shore shops on 2nd St., paddle boarding, basketball courts, kayaking and more! This is an ideal upleg for investors! One-of-a-kind opportunity!

Listed By CRMLS_CA / John Gooding / Vista Sotheby's Int'l Realty

Last checked: Checking… • Last updated Apr 19, 2023 •

MLS# PW22072335 —

The Building

Year Built:

1955
Year Built Source:

Assessor
New Construction:

No
Construction Materials:

Stucco
Building Area Total:

5692.00
Building Area Units:

Square Feet
Total Number Of Units:

8
# of Buildings:

1
Architectural Style:

Mid Century Modern
Stories Total:

2
Common Walls:

2+ Common Walls
# of Separate Gas Meters:

8
# of Separate Water Meters:

1
# of Separate Electric Meters:

9

Interior

Levels:

Two
Flooring:

Carpet, Laminate, Vinyl
Number Wall AC:

4
Fireplace:

No
Fireplace:

None
Laundry:

Common Area
Laundry:

1

Location

Directions:

Ocean Blvd to Pomona Ave.
Latitude:

33.75492900
Longitude:

-118.13448200

The Property

Property Type:

Residential Income
Subtype:

Apartment
Property Condition:

Updated/Remodeled
Zoning:

LBR4R
Lot Features:

Corner Lot, Level with Street
Lot Size Area:

3542.0000
Lot Size Dimensions:

41X90
Lot Size Acres:

0.0813
Lot Size SqFt:

3542.00
Lot Size Source:

Assessor
Lot Dimensions Source:

Assessor
View:

1
View:

Ocean, Peek-A-Boo
Road Frontage:

City Street
Road Surface Type:

Alley Paved, Paved
Property Attached:

1
Additional Parcels:

No
Land Lease:

No

Listing Agent

Contact info:

Taxes

Tax Block:

36
Tax Census Tract:

5773.00
Tax Tract:

3750
Tax Lot:

26

The Listing

Special Listing Conditions:

Trust
Parcel Number:

7245007023
Showings Begin:

2022-04-17

Heating & Cooling

Heating:

1
Heating:

Wall Furnace
Cooling:

Yes
Cooling:

Wall/Window Unit(s)

Utilities

Utilities:

Cable Available, Electricity Connected, Natural Gas Available, Sewer Connected
Sewer:

Public Sewer, Sewer Paid
Water Source:

Public

Appliances

Appliances:

Electric Range, Disposal
Included:

Yes

The Community

Subdivision:

Belmont Shore (BSD)
Subdivision:

Belmont Shore (BSD)
Features:

Biking, Dog Park, Golf, Hiking, Park, Watersports, Sidewalks, Storm Drains, Street Lights, Suburban
Inclusions:

All Seller-owned property used in the production of income
Association:

No
Pool:

None
Waterfront Features:

Across the Road from Lake/Ocean, Beach Front, Ocean Front, Ocean Side of Freeway, Ocean Side Of Highway 1
Senior Community:

No
Private Pool:

No
Spa Features:

None
Assessments:

Yes
Assessments:

Unknown

Parking

Parking:

Yes
Parking:

Carport
Parking Spaces:

4.00
Carport Spaces:

4.00

Extra Units

Average 1 Bed Area:

711
Number With Disposal:

8

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Max Internet Speed

Spectrum

Provided by BroadbandNow®

View a full report

Sale history

Date	Event	Source	Price	% Change
5/11/22 May 11, 2022	Sold	CRMLS_CA	$3,560,000	4.7%
4/20/22 Apr 20, 2022	Pending	CRMLS_CA	$3,400,000
4/17/22 Apr 17, 2022	Listed / Active	CRMLS_CA	$3,400,000

Multifamily Sold on 5/11/2022

$3,560,000

Listing provided by broker:

John Gooding

Vista Sotheby's Int'l Realty

Newest listings in Long Beach, CA

Similar sold homes

Listing Courtesy of: CRMLS_CA and Vista Sotheby's Int'l Realty. Based on information from California Regional Multiple Listing Service, Inc. as of 00:08 on Jun 06.

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.

5325 E Ocean Boulevard

Long Beach, CA 90803