4915 E Ocean Blvd Long Beach, CA 90803
Belmont Shore NeighborhoodEstimated payment $27,294/month
Highlights
- Beach Front
- Ocean View
- Fishing
- Lowell Elementary School Rated A-
- Property has ocean access
- No HOA
About This Home
PRIME INVESTMENT PROPERTY in a RARE OCEANFRONT location in Belmont Shore. This beautiful 10 (origially 12) unit apartment complex sits directly accross from the beach, with sparkling ocean views that will never be blocked! The property is being sold with 7 tenant-occupied units, with a substantial rental upside. The owners have begun significant improvements to elevate the building and maximize the rental income potential. Highlights are the prime unit under renovation with the best views, adding a shared laundry room, City of Long Beach permitting short-term rental for one unit, and Long Beach in the Spotlight for the 2028 Olympic.
Listing Agent
MJC Realty Brokerage Phone: 562-716-8385 License #01705827 Listed on: 04/19/2026
Property Details
Home Type
- Apartment
Year Built
- Built in 1930 | Remodeled
Lot Details
- 5,106 Sq Ft Lot
- Beach Front
- No Common Walls
- Density is up to 1 Unit/Acre
Home Design
- Entry on the 1st floor
Interior Spaces
- 8,372 Sq Ft Home
- 2-Story Property
- Ocean Views
Bedrooms and Bathrooms
- 5 Bedrooms
- 5 Bathrooms
Outdoor Features
- Property has ocean access
- Exterior Lighting
Listing and Financial Details
- Legal Lot and Block 33 / 20
- Tax Tract Number 3750
- Assessor Parcel Number 7247020025
- $2,383 per year additional tax assessments
- Seller Considering Concessions
Community Details
Overview
- No Home Owners Association
- 11 Units
- Belmont Shore Subdivision
Recreation
- Fishing
- Park
- Dog Park
- Water Sports
- Bike Trail
Building Details
- 7 Leased Units
- Rent Control
- 12 Separate Electric Meters
- 12 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $7,621
- Insurance Expense $14,585
- Operating Expense $60,123
- Gross Income $156,540
- Net Operating Income $222,339
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $8,827 | $2,171,069 | $1,337,281 | $833,788 |
| 2024 | $8,827 | $531,568 | $171,169 | $360,399 |
| 2023 | $8,654 | $521,146 | $167,813 | $353,333 |
| 2022 | $8,170 | $510,928 | $164,523 | $346,405 |
| 2021 | $7,933 | $500,911 | $161,298 | $339,613 |
| 2019 | $7,818 | $488,056 | $156,515 | $331,541 |
| 2018 | $7,579 | $478,527 | $153,447 | $325,080 |
| 2016 | $6,952 | $458,026 | $147,490 | $310,536 |
| 2015 | $6,710 | $451,147 | $145,275 | $305,872 |
| 2014 | $6,729 | $442,311 | $142,430 | $299,881 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 04/19/2026 04/19/26 | For Sale | $4,975,000 | +30.9% | $594 / Sq Ft | |
| 02/07/2025 02/07/25 | Sold | $3,800,000 | -4.9% | $454 / Sq Ft | View Prior Sale |
| 02/02/2025 02/02/25 | Pending | -- | -- | -- | |
| 01/21/2025 01/21/25 | For Sale | $3,995,000 | -- | $477 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW26084370
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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
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