5339 E Ocean Blvd, Long Beach, CA 90803 For Sale

Location, Location, Location! Oceanfront assets are the gold standard for real estate. Do not miss this.

Unobstructed ocean views and the highest cap rate (4.71%) you will ever find in Belmont Shore on the ocean in this incredible oceanfront six-unit property with parking!

You can’t beat this asset. The Beach House is an incredibly rare property to come across. Stunning remodels with new plumbing, electrical, and high-end finishes. Each unit has an in-unit washer and dryer and a beautiful layout that maximizes the ocean views here on Ocean Blvd. Steps to the sand and, even more rare for Belmont Shore, this asset comes with four parking spaces. You may never find beachfront properties this affordable again.

5339 E. Ocean Blvd. is an ideal opportunity for investors seeking a turnkey, coastal multifamily generational asset with zero deferred maintenance, an immediate leasing opportunity to place their own tenants, and exceptional location-driven rental appeal in one of Southern California’s 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 Beach’s 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, Airbnb opportunities are endless.