4915 E Ocean, Long Beach, CA 90803
4915 E Ocean, Long Beach, CA 90803
4915 E Ocean, Long Beach, CA 90803
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James Olvera

James Olvera

The Warburton Team

+1(909) 760-9091
$4,975,000
Est. payment /mo
5,105 Sqft Lot
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UPDATED:

Key Details

Property Type Apartment

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

Subdivision Belmont Shore (Bsd)

MLS Listing ID PW26084370

Construction Status Updated/Remodeled

HOA Y/N No

Year Built 1930

Lot Size 5,105 Sqft

Property Sub-Type Apartment

Property Description

PRIME INVESTMENT PROPERTY in a RARE OCEANFRONT location in Belmont Shore. This beautiful 10 (origially 12) unit apartment complex sits directly accross from the beach, with sparkling ocean views that will never be blocked! The property is being sold with 7 tenant-occupied units, with a substantial rental upside. The owners have begun significant improvements to elevate the building and maximize the rental income potential. Highlights are the prime unit under renovation with the best views, adding a shared laundry room, City of Long Beach permitting short-term rental for one unit, and Long Beach in the Spotlight for the 2028 Olympic.

Location

State CA

County Los Angeles

Area 1 - Belmont Shore/Park, Naples, Marina Pac, Bay Hrbr

Interior

Fireplaces Type None

Fireplace No

Laundry None

Exterior

Parking Features None

Pool None

Community Features Biking, Dog Park, Fishing, Park, Street Lights, Sidewalks, Water Sports

Utilities Available Electricity Available, Electricity Connected, Sewer Available, Sewer Connected, Water Available, Water Connected

Waterfront Description Beach Access,Beach Front,Ocean Access,Ocean Front

View Y/N Yes

View Ocean

Private Pool No

Building

Lot Description 0-1 Unit/Acre

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Construction Status Updated/Remodeled

Others

Senior Community No

Tax ID 7247020025

Acceptable Financing Cash, Cash to New Loan, Conventional, 1031 Exchange

Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange

Special Listing Condition Standard

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Listed by Brigitte Schroeder MJC Realty 562-716-8385, DRE #01705827

NEARBY SCHOOL & BUSINESS

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