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    5121 E Ocean Boulevard

    Long Beach, CA 90803
    • $3,499,000
    • STATUS: Active
    • ON SITE: 145 days
    • ID#: PW21089154
    UPDATED: 37 min ago
    $3,499,000
    • 0
      BEDS
    • 0.06
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1923
    County:

    School Ratings & Info

    Description

    An incredible opportunity to get hold of an ocean front property that doesn't come around too often. Currently set up as two 2 bed 2 bath units spaciously spread out over 2776 sq ft on 3 floors, this home could be a beach vacation getaway or a year round relaxation retreat for someone to make some passive income on the side or convert into an even more spectacular 4 bed 4 bath home. With its high end modern finishes, gorgeous wood flooring and two spectacular full kitchens with viking appliances 5121 E Ocean ready to go. All bedrooms offer en-suites and walk in closets including a deck off every floor with ocean views. Catch the sunrise in the morning with your coffee and watch the sunset at the end of the day with a view of the Pacific. As if that wasn't enough, the bonus room/game room on the third floor has endless potential and a "look-out" tower on top of the building that would make a spectacular library, office or bar area. The home boasts a glass elevator that runs through the center of the main unit and each unit is accompanied by a 2 car garage with easy access in to the home. Come check out this gorgeous, high end, well maintained, turn key property and truly see all the potential it has to offer.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-09-22T16:31:07.683. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Realty ONE Group Empire. Licensed in the State of California, USA.
    www.bestsocalhomesearch.com/homes/116578894
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    5121 E Ocean Boulevard Long Beach, CA 90803

    • Price: $3,499,000
    • Status: Active
    • Updated: 37 min ago
    • ID#: PW21089154
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.06
    Acres
    1923
    Built
    Neighborhood:
    Belmont Shore (Bsd)
    County:
    Los Angeles
    Area:
    1 - Belmont Shore/Park,Naples,Marina Pac,Bay Hrbr
    Property Description
    An incredible opportunity to get hold of an ocean front property that doesn't come around too often. Currently set up as two 2 bed 2 bath units spaciously spread out over 2776 sq ft on 3 floors, this home could be a beach vacation getaway or a year round relaxation retreat for someone to make some passive income on the side or convert into an even more spectacular 4 bed 4 bath home. With its high end modern finishes, gorgeous wood flooring and two spectacular full kitchens with viking appliances 5121 E Ocean ready to go. All bedrooms offer en-suites and walk in closets including a deck off every floor with ocean views. Catch the sunrise in the morning with your coffee and watch the sunset at the end of the day with a view of the Pacific. As if that wasn't enough, the bonus room/game room on the third floor has endless potential and a "look-out" tower on top of the building that would make a spectacular library, office or bar area. The home boasts a glass elevator that runs through the center of the main unit and each unit is accompanied by a 2 car garage with easy access in to the home. Come check out this gorgeous, high end, well maintained, turn key property and truly see all the potential it has to offer.
    Exterior Features

    Architectural Style CustomModern Carport YN Yes Construction Materials Stucco Exterior Features Awning(S)Barbecue Fencing Glass Foundation Details Slab Lot Features 2-5 Units/Acre Number Of Separate Electric Meters 2 Other Structures Two On A Lot Parking Features Attached Carport Parking Total 4 Pool Features None Pool Private YN No Property Attached YN No Roof Slate Spa Features None Spa YN No View Ocean View YN Yes Waterfront Features Across The Road From Lake/OceanBeach FrontOcean Front

    Interior Features

    Appliances Convection OvenDishwasherDisposalMicrowaveSelf Cleaning Oven Common Walls No Common Walls Cooling Central Air Cooling YN Yes Door Features French DoorsSliding Doors Fireplace Features ElectricFamily RoomGas Fireplace YN Yes Flooring ConcreteStoneTileWood Heating Forced Air Heating YN Yes Interior Features Built-In FeaturesBalconyCeiling Fan(S)ElevatorGranite CountersMultiple StaircasesRecessed LightingWired For Sound Window Features BlindsDouble Pane Windows

    Property Features

    Additional Parcels YN No Cable Tv Expense 2160 Cap Rate 3.1 Common Interest None Community Features Urban Electric Expense 1800 Garage YN Yes Gross Income 283763 Gross Scheduled Income 283763 Insurance Expense 1937 Land Lease YN No Laundry Features Inside Levels Three Or More Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash To New LoanConventional Maintenance Expense 2400 Net Operating Income 94107 New Construction YN No New Taxes Expense 0 Number Of Separate Gas Meters 2 Number Of Separate Water Meters 2 Operating Expense 105693 Other Expense 6993 Pest Control Expense 900 Property Condition Updated/Remodeled Property Sub Type Duplex Rent Control YN No Security Features Fire Detection SystemSmoke Detector(S) Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Trash Expense 1800 Vacancy Allowance Rate 30 Water Sewer Expense 1800 Water Source Public Zoning Lbr4r

    Listing provided courtesy of Ben Fisher of Stephen C. Bello, Inc.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-09-22T16:31:07.683. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Realty ONE Group Empire. Licensed in the State of California, USA.
     
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