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Key Details
Sold Price $2,265,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Subdivision Belmont Shore (Bsd)
MLS Listing ID RS22155802
Sold Date 11/18/22
HOA Y/N No
Year Built 1953
Lot Size 2,700 Sqft
Property Description
Welcome to Belmont Shore! 5267 E Ocean Blvd is a rare opportunity–right on the beach–in one of the most desirable neighborhoods Long Beach has to offer. Directly across from the sand, this two level fourplex breaks down to three - one bed/one bath units and one - studio unit, with two garages accessed by the back alleyway. Consistent care and maintenance has kept each unit in great condition, and even better, consistently rented.
The property is walking distance to the beach, the Peninsula, Bayshore beach, handball courts, Leeway Sailing Center, the Long Beach Bike/Walking Path, The famous Belmont Athletic Club, and all restaurants and shopping on 2nd Street.
Investment opportunities of this nature, in this pocket, and of this quality are rare and hard to come by. With all units currently occupied on a property that hasn’t seen the market since 1964, this is a chance to own a piece of the Shore that doesn’t come around often.
Location
State CA
County Los Angeles
Area 1 - Belmont Shore/Park, Naples, Marina Pac, Bay Hrbr
Zoning LBR4R
Interior
Interior Features Balcony, Ceiling Fan(s), Open Floorplan, Recessed Lighting
Heating Wall Furnace
Flooring Wood
Fireplace No
Appliance Disposal, Gas Oven, Water Heater
Laundry In Garage, See Remarks
Exterior
Garage Spaces 2.0
Garage Description 2.0
Pool None
Community Features Sidewalks
View Y/N Yes
View City Lights, Ocean
Total Parking Spaces 2
Private Pool No
Building
Lot Description 2-5 Units/Acre
Story Two
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 7247025026
Acceptable Financing Cash, Cash to New Loan, Conventional, 1031 Exchange
Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange
Financing Conventional
Special Listing Condition Standard
Lease Land No
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Bought with Irene Olsen • Vylla Home, Inc.
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