Belmont Shore/Park,Naples,Marina Pac,Bay Hrbr (1) Homes with Apartment Subtype

Belmont Shore/Park,Naples,Marina Pac,Bay Hrbr (1) Homes with Apartment Subtype

Welcome to the vibrant and sought-after neighborhoods of Belmont Shore/Park, Naples, Marina Pacifica, and Bay Harbor in Long Beach, CA. Nestled in the heart of Los Angeles County, these coastal communities offer a unique blend of urban living and relaxed beach vibes.

Belmont Shore/Park is a charming area known for its tree-lined streets, local boutiques, and trendy cafes. Residents enjoy easy access to the beach and a bustling shopping and dining scene along 2nd Street.

Naples is a picturesque neighborhood featuring a series of canals and waterfront homes, giving it a distinct Italian-inspired flair. The community is perfect for those who love water activities and stunning sunset views.

Marina Pacifica is a waterfront community offering resort-style living with amenities such as swimming pools, spas, and private boat docks. Residents can enjoy a peaceful atmosphere while being just a stone's throw away from shopping and dining options.

Bay Harbor is a hidden gem with a mix of single-family homes and waterfront properties. The neighborhood exudes a sense of tranquility and exclusivity, making it a coveted location for those seeking a peaceful retreat.

Homes with an apartment subtype in these areas offer a unique living experience, whether you're looking for a rental income opportunity or a separate space for guests or extended family. With a variety of architectural styles and amenities to choose from, there's something for everyone in these coastal communities.

Experience the best of Long Beach living in Belmont Shore/Park, Naples, Marina Pacifica, and Bay Harbor – where urban convenience meets coastal charm.

Newest Belmont Shore/Park,Naples,Marina Pac,Bay Hrbr (1) Homes with Apartment Subtype

$3,200,000
SB26061371 MLS Active Status
Location Location Location! Ocean Front 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 Ocean Front 6 unit with Parking! You can't beat this asset. The Beach House is a incredibly rare property to come across. Stunning remodels with new plumbing, electrical, and high end finishes. Each unit has Washer and Dryer in unit and a beautiful layout maximizing the ocean views here on Ocean Blvd. Steps to the sand and even more rare for Belmont Shore, this asset comes with 4 parking spaces. You will not find beach front properties this cheap maybe ever again. 5339 E Ocean Blvd is an ideal opportunity for investors seeking a turnkey coastal multifamily generational asset with zero deferred maintenance, immediate leasing opportunity to put your own tenants in and an 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 and the World Cup on it's way as well. AIR BNB opportunities are endless. The Beach House at 5339 E Ocean Blvd in the most desirable Belmont Shore asset you will find. One of the only locations on Ocean Blvd with unobstructed ocean views. Offered at $3,200,000 and only $533,333 per unit, this exceptional coastal asset consists of six 1-bedroom/1-bathroom units across 3,048 square feet on a 2,540 square foot lot. Based on projected market rents, the property offers approximately $17,780 per month and $215,760 in annual scheduled gross income, with an estimated 4.71% cap rate upon lease up.

5339 E Ocean, Long Beach

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Based on information from California Regional Multiple Listing Service, Inc. as of . 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.