5901 E Ocean Blvd Long Beach, CA 90803
Peninsula NeighborhoodEstimated payment $30,541/month
About This Home
Introducing a rare coastal investment opportunity along the highly coveted Peninsula of Long Beach, an irreplaceable 16 unit multi-residential offering defined by character, location, and long-term upside. Originally crafted in the early 20th century with thoughtful expansions mid-century, this charming collection of residences blends vintage architectural appeal with enduring income potential. Set on a prime coastal parcel just moments from the sand, the property encompasses approximately 6,700+ square feet of rentable living space across a well-utilized lot exceeding 7,100 square feet. The unit mix is both diverse and strategically appealing, featuring a curated combination of one-bedroom residences, airy loft-style studios, classic studios, and one unit currently utilized for airbnb, each offering unique layouts that cater to a wide tenant demographic drawn to the Peninsula lifestyle. Enhancing both convenience and value, the property includes six private garages, an exceptional amenity in this beachside enclave, presenting not only immediate value for residents but also compelling potential for reconfiguration, additional income streams, or future ADU conversion (buyer to verify). Surrounded by the vibrant energy of Belmont Shore, Alamitos Bay, and the Pacific coastline, this asset represents a sophisticated blend of coastal charm, architectural legacy, and forward-looking investment potential in one of Long Beach’s most tightly held seaside neighborhoods.
Listing Agent
Fiv Realty Co Brokerage Phone: 562-397-1373 License #01907002 Listed on: 04/17/2026
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1948
Lot Details
- 7,119 Sq Ft Lot
- Two or More Common Walls
- Density is 16-20 Units/Acre
- 7245019031
Parking
- 6 Car Garage
Home Design
- Property Attached
- Entry on the 1st floor
Interior Spaces
- 6,748 Sq Ft Home
- 2-Story Property
- Laundry in unit
Bedrooms and Bathrooms
- 4 Bedrooms
- 10 Bathrooms
Location
- Suburban Location
Listing and Financial Details
- Legal Lot and Block 15 / 8
- Tax Tract Number 577504
- Assessor Parcel Number 7245019030
- $1,886 per year additional tax assessments
Community Details
Overview
- 2 Buildings
- 16 Units
- Peninsula Subdivision
Amenities
- Laundry Facilities
Building Details
- 16 Separate Electric Meters
- 16 Separate Gas Meters
- 16 Separate Water Meters
- Electric Expense $1,163
- Insurance Expense $1,690
- Maintenance Expense $10,601
- Professional Management Expense $16,452
- Trash Expense $8,157
- Operating Expense $16,071
- Gross Income $415,718
- Net Operating Income $280,696
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $16,235 | $1,129,665 | $791,541 | $338,124 |
| 2024 | $15,536 | $1,107,516 | $776,021 | $331,495 |
| 2023 | $15,251 | $1,085,801 | $760,805 | $324,996 |
| 2022 | $14,334 | $1,064,512 | $745,888 | $318,624 |
| 2021 | $14,014 | $1,043,640 | $731,263 | $312,377 |
| 2019 | $13,812 | $1,013,666 | $709,574 | $304,092 |
| 2018 | $13,459 | $993,810 | $695,661 | $298,149 |
| 2016 | $12,401 | $954,280 | $668,649 | $285,631 |
| 2015 | $11,922 | $939,947 | $658,606 | $281,341 |
| 2014 | $11,886 | $921,535 | $645,705 | $275,830 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/17/2026 04/17/26 | For Sale | $5,500,000 | -- | $815 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | Fidelity National Title Co | |
| Grant Deed | $1,150,000 | First American Title | |
| Grant Deed | -- | -- |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,150,000 | Commercial | |
| Closed | $750,000 | Commercial |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: RS26083044
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
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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