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5901 E Ocean Boulevard, Long Beach CA 90803
5901 E Ocean Boulevard, Long Beach CA 90803
5901 E Ocean Boulevard, Long Beach CA 90803
5901 E Ocean Boulevard, Long Beach CA 90803
5901 E Ocean Boulevard, Long Beach CA 90803
5901 E Ocean Boulevard, Long Beach CA 90803
5901 E Ocean Boulevard, Long Beach CA 90803
5901 E Ocean Boulevard, Long Beach CA 90803
5901 E Ocean Boulevard, Long Beach CA 90803
5901 E Ocean Boulevard, Long Beach CA 90803
5901 E Ocean Boulevard, Long Beach CA 90803
5901 E Ocean Boulevard, Long Beach CA 90803
5901 E Ocean Boulevard, Long Beach CA 90803
5901 E Ocean Boulevard, Long Beach CA 90803
5901 E Ocean Boulevard, Long Beach CA 90803
5901 E Ocean Boulevard, Long Beach CA 90803
5901 E Ocean Boulevard, Long Beach CA 90803
5901 E Ocean Boulevard, Long Beach CA 90803
California>Los Angeles County>Peninsula

5901 E Ocean BoulevardLong Beach, CA 90803

For Sale

$6,100,000

Smart Buyer Rebate $61,000

We are pleased to present a 16-unit multifamily property located on the Peninsula in Long Beach, CA 90803. Built in 1923 & 1948, the subject property consists of 6,748 rentable square feet spread throughout a 7,119 square foot lot. The building consists of six 1-bedroom / 1 bathroom units, one 1-bedroom / 1-bathroom loft unit, three loft studios, five studios, and one bachelor unit. It contains six garages providing essential parking and flexible future income / ADU opportunities. Two Contiguous Parcels on Three Lots Operating as One Property (11 Units and 4+1 Units), Providing Flexible Entry and Exit Strategies.

Listed by Kevin King

·

License #01158184

·

Marcus & Millichap

·

kking@marcusmillichap.com

Last updated October 31, 2025

·

Source: CRMLS #PW25131179

Listing Facts

  • TypeMulti-family
  • NeighborhoodPeninsula
  • Days on Prevu161

Amenities

  • Parking

Location

Mortgage Calculator

Listing History

10/30/2025
Price Decreased
$6,100,000
10/28/2025
Status changed to Active
$6,250,000
10/21/2025
Status changed to Removed from Feed
$6,250,000
10/18/2025
Status changed to Active
$6,250,000
10/16/2025
Status changed to Removed from Feed
$6,250,000
10/04/2025
Status changed to Active
$6,250,000
10/03/2025
Status changed to Removed from Feed
$6,250,000
09/20/2025
Status changed to Active
$6,250,000
09/19/2025
Status changed to Removed from Feed
$6,250,000
09/18/2025
Status changed to Active
$6,250,000
09/17/2025
Status changed to Removed from Feed
$6,250,000
09/12/2025
Status changed to Active
$6,250,000
09/08/2025
Status changed to Removed from Feed
$6,250,000
09/07/2025
Status changed to Active
$6,250,000
09/05/2025
Status changed to Removed from Feed
$6,250,000
09/05/2025
Status changed to Active
$6,250,000
09/04/2025
Status changed to Removed from Feed
$6,250,000
08/26/2025
Price Decreased
$6,250,000
07/15/2025
Price Decreased
$6,495,000
06/28/2025
Status changed to Active
$6,745,000
06/27/2025
Status changed to Removed from Feed
$6,745,000
06/11/2025
Listed by Marcus & Millichap
$6,745,000

Property Details for 5901 E Ocean Boulevard

Association

Amenities

  • Community Features: Biking, Curbs

Exterior

Construction

  • Number Of Units Total: 16
  • Property Attached: Yes
  • Stories: 2
  • Stories Total: 2
  • Year Built: 1948
  • Common Walls: 1 Common Wall
  • Entry Level: 1
  • Entry Location: 1

Measurements

  • Building Area Total: 6,748
  • Building Area Units: Square Feet
  • Lot Features: 16-20 Units/Acre
  • Lot Size Acres: 0.16
  • Lot Size Area: 7,119
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 7,119
  • Lot Size Units: Square Feet

Financial

Residential Income

  • Cap Rate: 4.57
  • Gross Income: $409,553.00
  • Operating Expense: $130,488.00

Taxes

  • Parcel Number: 7245019030

Other

Location

  • Subdivision Name: Peninsula (PI)
  • Tax Block: 8
  • Tax Lot: 15

Parking

Parking

  • Garage Spaces: 6
  • Garage: Yes
  • Parking Total: 6

Utilities

Equipment

  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Water Source: Public

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 Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.