Peninsula Multifamily Homes & Duplexes for Sale

/22
$4,990,000
- 5 Beds
- 6 Baths
- 3,686 Sq Ft
6601 E Seaside Walk, Long Beach, CA 90803

Occupying a corner lot on the sand, the property currently operates as a duplex containing a three-bedroom plus loft lower unit and a two-bedroom plus den upper unit, though a new owner may elect to combine the units to create one large single-family mansion. With Long Beach hosting several events in the 2028 Summer Olympics, in addition to the upcoming 2026 World Cup and 2027 Super Bowl in the

Rick Raymundo Marcus & Millichap

6601 E Seaside Walk, Long Beach, CA 90803
Explore Peninsula
/33
$6,250,000
- 2 Beds
- 4 Baths
- 6,748 Sq Ft
5901 E Ocean Blvd, Long Beach, CA 90803

We are pleased to present a 16-unit multifamily property located on the Peninsula in Long Beach, CA 90803. Built in 1923 & 1948, the subject property consists of 6,748 rentable square feet spread throughout a 7,119 square foot lot. The building consists of six 1-bedroom / 1 bathroom units, one 1-bedroom / 1-bathroom loft unit, three loft studios, five studios, and one bachelor unit. It contains

Kevin King Marcus & Millichap

5901 E Ocean Blvd, Long Beach, CA 90803
/20
$1,700,000
- 3 Beds
- 3 Baths
- 1,579 Sq Ft
6425 E Ocean Blvd, Long Beach, CA 90803

First time on the market in over 50 years! Unlock the potential of this unique opportunity on the coveted Peninsula. This 1923 gem offers versatile living arrangements and incredible upside for investors, developers, or those seeking to craft their dream beachside residence. The main home features 2 bedrooms and 2 bathrooms, with a bonus rear room perfect as a third bedroom, home office, or den.

Nicole Freese The Sher Group

6425 E Ocean Blvd, Long Beach, CA 90803
/60
$2,599,000
- 5 Beds
- 5 Baths
- 3,725 Sq Ft
15 69th Place, Long Beach, CA 90803

HUGE PRICE REDUCTION. Welcome to a 15-17 69th Place. A duplex tucked away in the picturesque enclave of The Peninsula - arguably one of Long Beach’s prized "Hidden Gems" on the beach. 15 69th Place is an expansive 3 bedroom/3.5 bath main home with 2 car garage. 17 69th Place boasts 2 bedroom/1 baths with private entrance and 1/car garage. Only 3 houses off the ocean and boardwalk, the main

Dave Harbison Rafael Renderos, Broker

15 69th Place, Long Beach, CA 90803

California Los Angeles County Long Beach Peninsula

Why Live in Peninsula

Peninsula in Long Beach is a coastal neighborhood known for its tranquil beaches and community-oriented atmosphere. Peninsula Beach, with its smaller waves, is ideal for windsurfing and kitesurfing, while Peninsula Bay Beach offers a quieter spot for paddleboarding, swimming, and kayaking. The neighborhood features a mile-long loop of walking paths, including the historic Seaside Walk boardwalk. Alamitos Park, located on the east end, provides picnic areas under palm trees and a jetty for fishing and dolphin spotting. The Peninsula Neighborhood Association hosts events like a summer concert series and Santa Night, enhancing the community feel. The Alamitos Bay Yacht Club and the United States Sailing Center offer sailing lessons and regattas. Olive by the Bay, the neighborhood's sole restaurant, serves breakfast and lunch in a beach-themed setting. For more dining and shopping options, residents head to nearby Belmont Shore. Schools in the area, including Naples Elementary, Will Rogers Middle, and Wilson High, all have high ratings. Peninsula is about 5 miles from downtown Long Beach and Long Beach Airport, with convenient access to major highways. The neighborhood is primarily residential, featuring a mix of midcentury modern, Craftsman, and Mediterranean homes. The crime rate is lower than the national average, contributing to its appeal for families and retirees alike.

Learn more about living in Peninsula

Home Trends in Peninsula, CA

On average, homes in Peninsula, Long Beach sell after 72 days on the market compared to the national average of 52 days. The median sale price for homes in Peninsula, Long Beach over the last 12 months is $1,771,250, down 10% from the median home sale price over the previous 12 months.

Housing Trends

Median Sale Price

$1,771,250

Median Single Family Sale Price

$2,779,000

Median Townhouse Sale Price

$1,771,250

Median 2 Bedroom Sale Price

$740,000

Median 1 Bedroom Sale Price

$675,000

Average Price Per Sq Ft

$999

Number of Homes for Sale

Last 12 months Home Sales

Months of Supply

8.40

Median List Price

$2,299,000

Median Change From 1st List Price

Median Home Sale Price YoY Change

-10%

How to Buy a Home How to Finance a Home How to Sell a Home

In Peninsula, there are currently 4 multi-family homes for sale, providing an appealing investment opportunity for buyers. With multi-family homes ranging from $1,700,000 to $6,250,000, there's something for every budget. As of September, 2025 the median home price in Peninsula, Long Beach is $2,299,000, while the average sale price is $2,048,650, providing insight into local market trends. On average, multi-family homes spend 72 days on the market before being sold. Multi-family homes encompass various property types, including duplexes, triplexes, fourplexes, and apartment complexes, all within a single building divided to accommodate multiple families living separately. These multi-family properties for sale offer investors the chance to generate rental income. Whether you're interested in a duplex for a starter investment or an apartment complex for a larger-scale venture, there are investment properties available to suit your needs. Explore the range of multi-family homes for sale in Peninsula, Long Beach.

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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information