5267 E Ocean Boulevard

Long Beach, CA 90803

  • 5 Bed(s)
  • 4 Bath(s)
  • 2,703 Sqft
  • 2702
    Sqft(Lot)
$3,299,000

Description

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 5.82% 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.

  • Property Type

    Residential Income

  • Subdivision

    Fallbrook

  • County

    Los Angeles

  • Style

    Contemporary,Patio Home

  • AD ID

    46441814

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Property Details

  • Water/Sewer

    • Water Source : Public
    • Green Water Conservation: Water-Smart Landscaping
    • Sewer : Public Sewer

    Interior Features

    • Exterior Property Features : Barbecue,Rain Gutters
    • Interior Features: Wet Bar,Block Walls,Ceiling Fan(s),Crown Molding,Furnished,Granite Counters,Open Floorplan,Pantry,Paneling/Wainscoting,Quartz Counters,Recessed Lighting,Storage,Bar,Bedroom on Main Level
    • Windows: Blinds,Custom Covering(s),Double Pane Windows,Drapes,ENERGY STAR Qualified Windows,Insulated Windows,Roller Shields,Screens,Shutters
    • Property Appliances: ENERGY STAR Qualified Appliances,ENERGY STAR Qualified Water Heater,Exhaust Fan,Gas Cooktop,Disposal,Gas Oven,Gas Range,Gas Water Heater,High Efficiency Water Heater,Ice Maker,Microwave,Portable Dishwasher,Refrigerator,Range Hood,Self Cleaning Oven,Trash Compactor,Water To Refrigerator,Water Heater,Water Purifier,Dryer
    • Fireplace: Electric,Gas,Living Room
    • Flooring: Laminate,Tile,Vinyl,Wood

    Cooling Features

    • None
    • Air Conditioning

    Heating Source

    • Wall Furnace
    • Has Heating

    Energy

    • Green Energy: Lighting,Windows,Appliances,Water Heater

    Fireplace

    • Fireplace Features: Electric,Gas,Living Room
    • Has Fireplace: 1

  • Building Information

    • Year Built: 1953
    • Building Area Total: 2,703
    • Construction: Drywall,Stucco

    Exterior Features

    • Barbecue,Rain Gutters

    Security Features

    • Prewired,Security System,Carbon Monoxide Detector(s),Fire Detection System,Fire Rated Drywall,24 Hour Security,Key Card Entry,Resident Manager,Smoke Detector(s),Security Lights

    Pool Features

    • None

    Laundry Features

    • Common Area,Electric Dryer Hookup,Gas Dryer Hookup,Inside,Laundry Closet,In Garage

    Fencing

    • Block,Masonry,New Condition,Privacy,Stucco Wall,Vinyl

  • Lot Details

    • Lot Dimensions Source: Vendor Enhanced
    • Lot Size Acres: 0.062
    • Lot Size Source: Assessor
    • Lot Size Square Feet: 2702

  • Listing Price Information

    • Original List Price: 3,299,000
    • Listing Contract Date: 2024-07-20

    Lease Information

    • Listing Agreement: Exclusive Right To Sell

  • Tax Information

    • Parcel Number: 7247025026

  • Garage and Parking

    Homeowners Association

    Rental Info

    • Lease Term: Negotiable
    • Tenant Pays: Electricity,Gas,Parking Fee,See Remarks

  • Other Property Info

    • Source Listing Status: Active
    • Source Neighborhood: 1 - Belmont Shore/Park,Naples,Marina Pac,Bay Hrbr
    • Postal Code Plus 4: 3386
    • Directions: On the corner of Ocean and La Verne.
    • Zoning: LBR4R
    • Source Property Type: Residential Income
    • Area: 1 - Belmont Shore/Park,Naples,Marina Pac,Bay Hrbr
    • Property SubType: Quadruplex

    Building and Construction

    • Property Age: 72
    • Common Walls: No Common Walls
    • Property Condition: Additions/Alterations,Building Permit,Updated/Remodeled
    • Structure Type: Quadruplex
    • Year Built Source: Estimated
    • Entry Level: 1
    • Entry Location: Front of Building
    • Levels or Stories: Two
    • Building Total Stories: 2
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BuyOwner last updated this listing 01/18/2025 @ 08:04

  • MLS: PW24149314
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: CRMLS

is a Home, with 5 bedrooms which is for sale, it has 2,703 sqft, 2,702 sized lot, and 4 parking. A comparable Home, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of Long Beach , in zip code 90803, this Los Angeles County Home , it is in the FALLBROOK Subdivision, are nearby neighborhoods.