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5267 E Ocean Boulevard

Long Beach, CA 90803

– beds
– baths
– sqft
2,702 sqft lot
1953 build
– on site

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 6.3% 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.

Listed By CRMLS_CA / Kathy Veysey / Keller Williams Realty / 949-981-8156

Last checked: Checking… • Last updated Jan 21, 2025 •

MLS# PW24149314 —

This property is listed in more than one place. See it here, and here, and here.

The Building

Year Built:

1953
Year Built Source:

Estimated
New Construction:

No
Construction Materials:

Drywall Walls, Stucco
Building Area Total:

2829.00
Building Area Units:

Square Feet
Total Number Of Units:

4
# of Buildings:

1
Architectural Style:

Contemporary
Exterior Features:

Barbecue Private, Rain Gutters
Stories Total:

2
Entry Level:

1
Number With Patio:

2
Common Walls:

No Common Walls
# of Separate Gas Meters:

4
# of Separate Water Meters:

1
# of Separate Electric Meters:

3

Interior

Features:

Bar, Block Walls, Ceiling Fan(s), Copper Plumbing Partial, Crown Molding, Furnished, Granite Counters, Open Floorplan, Pantry, Quartz Counters, Recessed Lighting, Storage, Wainscoting, Wet Bar
Levels:

Two
Entry Location:

Front of Building
Door Features:

Panel Doors
Window Features:

Blinds, Custom Covering, Double Pane Windows, Drapes, ENERGY STAR Qualified Windows, Insulated Windows, Roller Shields, Screens, Shutters
Flooring:

Laminate, Tile, Vinyl, Wood
Room Type:

Kitchen, Laundry, Living Room, Main Floor Bedroom, Primary Bathroom, Primary Bedroom
Fireplace:

Yes
Fireplace:

Living Room, Electric, Gas
Laundry:

Community, Dryer Included, Gas & Electric Dryer Hookup, Gas Dryer Hookup, In Closet, In Garage, Inside
Laundry:

1

Financial & Terms

Disclosures:

Coastal Zone, Earthquake Insurance Available

Location

Directions:

On the corner of Ocean and La Verne.
Latitude:

33.75542500
Longitude:

-118.13614700

The Property

Property Type:

Residential Income
Subtype:

Quadruplex
Property Condition:

Additions/Alterations, Building Permit, Termite Clearance, Updated/Remodeled
Zoning:

LBR4R
Lot Features:

2-5 Units/Acre, Front Yard, Landscaped, Lawn, Patio Home, Paved, Sprinkler System, Sprinklers Drip System, Sprinklers In Front, Sprinklers Timer
Lot Size Area:

2702.0000
Lot Size Acres:

0.0620
Lot Size SqFt:

2702.00
Lot Size Source:

Assessor
View:

1
View:

Catalina, City Lights, Coastline, Ocean, Pier, Water, White Water
Fencing:

Block, Masonry, New Condition, Privacy, Stucco Wall, Vinyl
Fence:

Yes
Security Features:

24 Hour Security, Carbon Monoxide Detector(s), Card/Code Access, Fire and Smoke Detection System, Fire Rated Drywall, Resident Manager, Security Lights, Security System, Smoke Detector(s), Wired for Alarm System
Road Frontage:

City Street
Road Surface Type:

Paved
Additional Parcels:

No
Other Structures:

Second Garage Attached, Storage
Land Lease:

No
Personal Property Amount:

118000

Listing Agent

Contact info:

Taxes

Tax Block:

30
Tax Census Tract:

5773.00
Tax Tract:

3750
Tax Lot:

29

The Listing

Special Listing Conditions:

Standard
Parcel Number:

7247025026

Heating & Cooling

Heating:

1
Heating:

Wall Furnace
Cooling:

No
Cooling:

None

Utilities

Utilities:

Cable Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
Sewer:

Public Sewer
Electric:

Electricity - On Property, Standard
Green Energy Efficient:

Appliances, Lighting, Water Heater, Windows
Green Water Conservation:

Water-Smart Landscaping
Water Source:

Public

Appliances

Appliances:

ENERGY STAR Qualified Appliances, ENERGY STAR Qualified Water Heater, Disposal, Gas Oven, Gas Range, Gas Cooktop, Gas Water Heater, High Efficiency Water Heater, Ice Maker, Microwave, Portable Dishwasher, Range Hood, Recirculated Exhaust Fan, Refrigerator, Self Cleaning Oven, Trash Compactor, Water Heater, Water Line to Refrigerator, Water Purifier
Included:

Yes

The Community

Subdivision:

Belmont Shore (BSD)
Subdivision:

Belmont Shore (BSD)
Neighborhood:

Belmont Shore
Features:

Biking, Curbs, Dog Park, Fishing, Golf, Hiking, Gutters, Park, Watersports, Sidewalks, Storm Drains, Street Lights
Association:

No
Pool:

None
Waterfront Features:

Across the Road from Lake/Ocean, Beach Access, Beach Front, Ocean Access, Ocean Front, Sea Front
Senior Community:

No
Private Pool:

No
Assessments:

Yes
Assessments:

Unknown

Parking

Parking:

Yes
Parking:

Garage, Garage Door Opener
Parking Spaces:

4.00
Garage Spaces:

4.00

Extra Units

Number With Disposal:

4
Number With Dishwasher:

3
Number With Refrigerator:

4

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
1/21/25 Jan 21, 2025	Price Changed	CRMLS_CA	$3,249,000	-1.5%
11/29/24 Nov 29, 2024	Price Changed	CRMLS_CA	$3,299,000	-5.7%
9/24/24 Sep 24, 2024	Price Changed	CRMLS_CA	$3,499,900	-1.4%

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This multifamily located in Belmont Shore, Long Beach, CA 90803 is currently for sale for $3,249,000. 5267 E Ocean Boulevard is a – square foot multifamily with – beds and – baths that has been on Estately for 183 days. 5267 E Ocean Boulevard is in the Belmont Shore neighborhood of Long Beach and has a WalkScore® of 89, making it very walkable. This multifamily is in the attendance area of Rogers Middle School, Wilson High School, and Naples Elementary School.

Listing Courtesy of: CRMLS_CA and Keller Williams Realty. Based on information from California Regional Multiple Listing Service, Inc. as of 19:57 on Jan 21.

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.