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4915 E Ocean

Long Beach, CA 90803
  • $4,975,000
  • STATUS: Active
  • ON SITE: 20 Days
  • ID#: PW26084370
$4,975,000
  • 0
    BEDS
  • 0.12
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1930
County:

School Ratings & Info

Listing Agent(s): Brigitte Schroeder of MJC Realty (714-271-7322) and Joel Carlson of ()


Description

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.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2026-05-10T00:37:38.39. 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 RE/MAX Empire Properties. Licensed in the State of California, USA.
www.inlandempiresold.com/homes/175563346
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4915 E Ocean Long Beach, CA 90803

  • Price: $4,975,000
  • Status: Active
  • On Site: 20 Days
  • ID#: PW26084370
0
Beds
0
Baths
0
½ Baths
0.12
Acres
1930
Built
Neighborhood:
Belmont Shore (Bsd)
County:
Los Angeles
Area:
1 - Belmont Shore/Park,Naples,Marina Pac,Bay Hrbr
Property Description
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.
Exterior Features

Entry Level 1 Entry Location Street Lot Features 0-1 Unit/Acre Number Of Separate Electric Meters 12 Parking Features None Parking Total 0 Pool Features None Pool Private YN No Property Attached YN No Road Frontage Type City Street Road Surface Type Paved Spa Features None Spa YN No View Ocean View YN Yes Waterfront Features Beach AccessBeach FrontOcean AccessOcean Front

Interior Features

Common Walls No Common Walls Fireplace Features None Fireplace YN No

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Common Interest None Community Features BikingDog ParkFishingParkStreet LightsSidewalksWater Sports Contingency none Electric Standard Electric Expense 7621 Fuel Expense 0 Garage YN No Gross Income 156540 Gross Scheduled Income 342060 Insurance Expense 14585 Land Lease YN No Laundry Features None Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash to New LoanConventional1031 Exchange Net Operating Income 222339 New Construction YN No Number Of Separate Gas Meters 12 Number Of Separate Water Meters 1 Number Of Units Leased 7 Operating Expense 119721 Possession Close Of Escrow Property Condition Updated/Remodeled Property Sub Type Apartment Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays ElectricityGas Total Actual Rent 156540 Trash Expense 0 Utilities Electricity AvailableElectricity ConnectedSewer AvailableSewer ConnectedWater AvailableWater Connected Water Sewer Expense 0 Water Source Public



Based on information from California Regional Multiple Listing Service, Inc. as of 2026-05-10T00:37:38.39. 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 RE/MAX Empire Properties. Licensed in the State of California, USA.
 
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RE/MAX Empire Properties
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Hemet CA, 92545
Listing Agent(s): Brigitte Schroeder of MJC Realty (714-271-7322) and Joel Carlson of ()