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5901 Ocean , Long Beach, CA 90803
Priced at Only: $6,100,000
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Address: 5901 Ocean , Long Beach, CA 90803
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  • MLS#: PW26025768 ( Apartment )
  • Street Address: 5901 Ocean
  • Viewed: 4
  • Price: $6,100,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1948
  • Bldg sqft: 0
  • Days On Market: 18
  • Additional Information
  • County: LOS ANGELES
  • City: Long Beach
  • Zipcode: 90803
  • Subdivision: Naples (na)
  • Provided by: Marcus & Millichap
  • Contact: Kevin Kevin
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    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 unit, three loft studios, five studios, and one bachelor unit. It contains six garages providing essential parking and flexible future income / ADU opportunities.
Features
Additional Parcels Description
  1. 7245019031
Building Area Total
  1. 6748.00
Commoninterest
  1. Community Apartment
Common Walls
  1. 2+ Common Walls
Country
  1. US
Days On Market
  1. 250
Electric Expense
  1. 3125.00
Entry Location
  1. Front
Fuel Expense
  1. 3125.00
Garage Spaces
  1. 4.00
Insurance Expense
  1. 10000.00
Laundry Features
  1. Common Area
Lot Features
  1. 16-20 Units/Acre
Netoperatingincome
  1. 280696.00
Newtaxesexpense
  1. 76250.00
Number Of Separate Electric Meters
  1. 16
Number Of Separate Gas Meters
  1. 16
Number Of Separate Water Meters
  1. 16
Otherexpense
  1. 4800.00
Otherexpensedescription
  1. Misc/Con
Otherincome1
  1. 12000.00
Parcel Number
  1. 7245019030
Pool Features
  1. None
Professionalmanagementexpense
  1. 16452.00
Property Type
  1. Apartment
Sewer
  1. Public Sewer
Sourcesystemid
  1. CRM
Sourcesystemkey
  1. 455968151:CRM
Subdivision Name Other
  1. Naples (NA)
Totalexpenses
  1. 130603.00
Trash Expense
  1. 3125.00
Water Sewer Expense
  1. 3125.00
Water Source
  1. Public
Year Built
  1. 1948
Year Built Source
  1. Assessor
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Headshot for Associate Xavier Gomez
  1. Xavier Gomez, BrkrAssc,CDPE
  2. RE/MAX College Park Realty
  3. BRE 01736488
  4. Fax: 714.975.9953
  5. Mobile: 714.478.6676
  6. salesbyxavier@gmail.com
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