See all 20 photos
20 photos
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$3,395,000
Est. payment /mo
2 Beds
2 Baths
2,540 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID SB26061371
Bedrooms 2
Lot Size 2,540 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
Location Location Location! Ocean Front Assets are the gold standard for real estate. Do not miss this. Unobstructed Ocean Views and the highest Cap Rate (5.54%) you will ever find in Belmont Shore on the Ocean in this Incredible Ocean Front 6 unit with Parking! You can't beat this asset. The Beach House is a incredibly rare property to come across. Stunning remodels with new plumbing, electrical, and high end finishes. Each unit has Washer and Dryer in unit and a beautiful layout maximizing the ocean views here on Ocean Blvd. Steps to the sand and even more rare for Belmont Shore, this asset comes with 4 parking spaces. You will not find beach front properties this cheap maybe ever again. 5339 E Ocean Blvd is an ideal opportunity for investors seeking a turnkey coastal multifamily generational asset with zero deferred maintenance, immediate leasing opportunity to put your own tenants in and an exceptional location-driven rental appeal in one of Southern Californias most desirable beach communities. Four of the units are rare front-facing one-bedroom residences with ocean and water views, creating a highly compelling lifestyle rental product in one of Long Beachs most sought-after beachside communities. The remaining two renovated one-bedroom units further round out a turnkey investment with broad tenant appeal. With the Olympics coming to the Belmont Shore Swimming Pool and the World Cup on it's way as well. AIR BNB opportunities are endless. The Beach House at 5339 E Ocean Blvd in the most desirable Belmont Shore asset you will find. One of the only locations on Ocean Blv
Location
State CA
County Los Angeles
Zoning See Remark
Direction 405 Fwy to 605 Fwy South, exit 7th St and go west, left on Bay Shore Ave, right on Ocean Blvd. Property is on the right.
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Senior Community No
Tax ID 7245007026
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Read Less Info
Listed by Cameron Samimi, DRE#02035763 Lyon Stahl Investment Real Estate, Inc.
Nearby Locations
GET MORE INFORMATION