5901 E Ocean Boulevard
7,119 sq. ft.
Offered at: $6,100,000
Year Built: 1948
Region: 1 - Belmont Shore/Park,Naples,Marina Pac,Bay Hrbr
MLS#: PW25131179
Status: Active
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.