Listings

5901 E Ocean Blvd, Long Beach, CA 90803
Listed: $6,100,000

Units: 16

GRM: 15.58

CAP: 4.16%

  • True Pride of Ownership Legacy Asset: Built in 1923 & 1948
  • Two Contiguous Parcels on Three Lots Operating as One Property (11 Units and 4+1 Units), Providing Flexible Entry and Exit Strategies
  • Amenities That All Tenants Value: Synergized Outdoor Space, Private Laundry Room, and Private Parking
  • Located in Close Proximity to 2nd & PCH, Belmont Shore, and Seal Beach Main Street
  • Ability to Add Two Additional ADU Units to Increase Value for a New Investor
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