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    5365 E Ocean Boulevard , A-C

    Long Beach, CA 90803
    • $1,899,000
    • STATUS: Active Under Contract
    • ON SITE: 29 days
    • ID#: PW20174723
    Under Contract
    UPDATED: 32 min ago
    $1,899,000
    • 0
      BEDS
    • 0.08
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,300
      SQFT
    • $826
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1951
    County:

    School Ratings & Info

    Description

    Amazing LOCATION! For an amazing beach house and income property. The front house is a contemporary 3 bedroom, 2 bath OCEAN VIEW unit that was remodeled in 2009. It is approximately ~1640 sq. ft. on the first floor. It has Viking appliances, Caesar Stone counter tops, gas fireplace, MARVINclad-wood bi-fold doors, concrete floors throughout, custom tile in bathrooms & kitchen, recessed lighting, central A/C, dog run,automatic sprinklers for planter boxes, tank-less water heater, MARVIN wood-interior windows, guest bath with Jacuzzi tub, masterbath with extra large walk in shower and laundry. The second unit is a 1 bedroom, 1 bathroom abovegarage. This OCEAN VIEW unit has wood like flooring, wood beamed ceilings, stainless steel appliances & laundry. Beautiful owners unit if you want the cash flow. The third unit is a studio next to garage with a full bathroom & efficient kitchen. The front patio of the mainhouse has a gas fire pit w/ seating and BBQ area. There is a one car garage along with a large parking pad next to it. This property isIncredible for a VACATION RENTAL because of it's proximity to the beach, bay, restaurants, shopping & transportation. One of the best KiteSurfing locations is right in front. Sailing, stand-up paddle, or just walks on the beach at sunset. Amazing Socal beach living.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-09-24T16:32:27.12. 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 First Team Real Estate. Licensed in the State of California, USA.

    www.theashleycooperteam.com/homes/109375278
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    5365 E Ocean Boulevard , A-C Long Beach, CA 90803

    • Price: $1,899,000
    • Status: Active Under Contract
    • Updated: 32 min ago
    • ID#: PW20174723
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.08
    Acres
    2,300
    SQFT
    $826
    $/SQFT
    1951
    Built
    Neighborhood:
    Belmont Shore (Bsd)
    County:
    Los Angeles
    Area:
    1 - Belmont Shore/Park,Naples,Marina Pac,Bay Hrbr
    Property Description
    Amazing LOCATION! For an amazing beach house and income property. The front house is a contemporary 3 bedroom, 2 bath OCEAN VIEW unit that was remodeled in 2009. It is approximately ~1640 sq. ft. on the first floor. It has Viking appliances, Caesar Stone counter tops, gas fireplace, MARVINclad-wood bi-fold doors, concrete floors throughout, custom tile in bathrooms & kitchen, recessed lighting, central A/C, dog run,automatic sprinklers for planter boxes, tank-less water heater, MARVIN wood-interior windows, guest bath with Jacuzzi tub, masterbath with extra large walk in shower and laundry. The second unit is a 1 bedroom, 1 bathroom abovegarage. This OCEAN VIEW unit has wood like flooring, wood beamed ceilings, stainless steel appliances & laundry. Beautiful owners unit if you want the cash flow. The third unit is a studio next to garage with a full bathroom & efficient kitchen. The front patio of the mainhouse has a gas fire pit w/ seating and BBQ area. There is a one car garage along with a large parking pad next to it. This property isIncredible for a VACATION RENTAL because of it's proximity to the beach, bay, restaurants, shopping & transportation. One of the best KiteSurfing locations is right in front. Sailing, stand-up paddle, or just walks on the beach at sunset. Amazing Socal beach living.
    Exterior Features

    Garage Spaces 1.00 Lot Features 0-1 Unit/Acre Lot Size Source Assessor Lot Size Units Square Feet Parking Total 1.00 Pool Features None Pool Private YN No Property Attached YN Yes

    Interior Features

    Average Studio Area Units Square Feet Average1 Bed Area Units Square Feet Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls 1 Common Wall Cooling Central Air Cooling YN Yes Fireplace Features Family Room Fireplace YN Yes Heating Central Heating YN Yes Laundry Features Gas & Electric Dryer HookupIn ClosetSee Remarks

    Property Features

    Additional Parcels YN No Building Area Units Square Feet Cap Rate 4.91 Community Features BikingFishingWatersports Country Us Electric Expense 1200.00 Elevation Units Feet Fuel Expense 700.00 Gardener Expense 1200.00 Gross Income 130000.00 Gross Scheduled Income 130000.00 Insurance Expense 1200.00 Land Lease YN No Laundry YN Yes Net Operating Income 67000.00 New Construction YN No New Taxes Expense 14000.00 Number Of Separate Electric Meters 3 Number Of Separate Gas Meters 2 Number Of Separate Water Meters 1 Number With Dishwasher 1 Number With Disposal 2 Number With Patio 1 Number With Range 2 Number With Refrigerator 2 Operating Expense 19000.00 Property Sub Type Triplex Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Subdivision Name Other Belmont Shore Total Expenses 20000.00 Trash Expense 900.00 Water Sewer Expense 1500.00 Water Source Public Year Built Source Assessor Zoning Lbr4r

    Listing provided courtesy of Andrew Carter of The Address, Inc. and Tom Schick of The Address


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-09-24T16:32:27.12. 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 First Team Real Estate. Licensed in the State of California, USA.

     
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