Long Beach, CA 90803,5267 E Ocean BLVD
$2,265,000
$2,100,000
7.9%
Est.Price: ?

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2,577 SqFt

5267 E Ocean BLVD Long Beach, CA 90803

Est. payment /mo
SOLD DATE : 11/18/2022

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Key Details

Sold Price $2,265,000

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Sold

Purchase Type For Sale

Square Footage 2,577 sqft

Price per Sqft $878

Subdivision Belmont Shore (Bsd)

MLS Listing ID RS22155802

Sold Date 11/18/22

HOA Y/N No

Year Built 1953

Lot Size 2,700 Sqft

Property Description

Welcome to Belmont Shore! 5267 E Ocean Blvd is a rare opportunity–right on the beach–in one of the most desirable neighborhoods Long Beach has to offer. Directly across from the sand, this two level fourplex breaks down to three - one bed/one bath units and one - studio unit, with two garages accessed by the back alleyway. Consistent care and maintenance has kept each unit in great condition, and even better, consistently rented.

The property is walking distance to the beach, the Peninsula, Bayshore beach, handball courts, Leeway Sailing Center, the Long Beach Bike/Walking Path, The famous Belmont Athletic Club, and all restaurants and shopping on 2nd Street.

Investment opportunities of this nature, in this pocket, and of this quality are rare and hard to come by. With all units currently occupied on a property that hasn’t seen the market since 1964, this is a chance to own a piece of the Shore that doesn’t come around often.

Location

State CA

County Los Angeles

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

Zoning LBR4R

Rooms

Ensuite Laundry In Garage, See Remarks

Interior

Interior Features Balcony, Ceiling Fan(s), Open Floorplan, Recessed Lighting

Laundry Location In Garage,See Remarks

Heating Wall Furnace

Flooring Wood

Fireplace No

Appliance Disposal, Gas Oven, Water Heater

Laundry In Garage, See Remarks

Exterior

Garage Spaces 2.0

Garage Description 2.0

Pool None

Community Features Sidewalks

View Y/N Yes

View City Lights, Ocean

Total Parking Spaces 2

Private Pool No

Building

Lot Description 2-5 Units/Acre

Story Two

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 7247025026

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

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

Financing Conventional

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Justin Sidell • Dream Life Real Estate
Bought with Irene Olsen • Vylla Home, Inc.

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Alyssa Stalker

Agent | License ID: 02029894

+1(805) 796-3496 | alyssastalker@epique.me

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