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5121 E Ocean Blvd, Long Beach, CA 90803

Sale Price: $2,850,000
Jun 15, 20243,185 sqft4 beds5 baths
Listed by: Lusine Khachatryan
License #: 01922452
Phone #: 415-917-1921
Radius Agent Realty
Source:
CRMLS Logo
MLS #: BB24122688

Property Description

Experience breathtaking ocean views from every level of this updated and spacious Belmont Shore Duplex. Recently fully remodeled in 2022, each unit features a separate entrance, creating an excellent opportunity for investors. The property is currently used for short-term rentals, with nearly full occupancy throughout the month. The larger unit includes a convenient residential elevator. Its great room, showcasing coastal views from a balcony, has been cleverly converted into a yacht-style bedroom. Additionally, an impressive oversized top-floor bonus/game room offers access to a cozy sitting area and another deck, boasting stunning sunset views. Two bedrooms with attached baths are situated on the second floor, accompanied by an open kitchen, dining, and living area, all complemented by a balcony overlooking the ocean. The smaller unit, accessed from a main floor deck with water views, comprises a ground-level living area and bedroom, a main-level bedroom with an ensuite bathroom, and an additional bedroom upstairs with a full bath. Both units offer central heating/air, recessed lighting, crown molding, two-car garages, and laundry rooms/areas. Perfectly situated steps away from the beach and close to Alamitos Bay, as well as the lively dining and shopping district along 2nd St, this property is an ideal choice for those seeking the ultimate coastal lifestyle.Den, Entry, Family Room, Game Room, Kitchen, Laundry, Living Room, Main Floor Bedroom, Main Floor Primary Bedroom, Primary Bathroom, Primary Bedroom, Primary Suite, Office, Utility Room, Walk-In Closet
Assignment
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Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$42,453

TurboHome Estimated Value

$2,840,100

$892 sqft

High Valuation
$2,982,105
$936/sqft
Normal Valuation
$2,840,100
$892/sqft
Low Valuation
$2,698,095
$847/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$892/sqft$2,840,100

Neighborhood: Belmont Shore

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Comparative Value

$1.89M

$1.99M

$2.12M

$2.25M

$2.85M

$2.85M

15 Via Di Roma Walk, Long Beach, CA 90803

Sale Price: $1,890,000

Selected Comparable

241 Euclid Ave, Long Beach, CA 90803

Sale Price: $1,985,000

Selected Comparable

289 Glendora Ave, Long Beach, CA 90803

Sale Price: $2,120,000

Selected Comparable

435 Orlena Ave, Long Beach, CA 90814

Sale Price: $2,250,000

Selected Comparable

5121 E Ocean Blvd, Long Beach, CA 90803

List Price: $2,850,000

Subject Property

5121 E Ocean Blvd, Long Beach, CA 90803

Sale Price: $2,850,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
5121 E Ocean Blvd, Long Beach, CA 90803

5121 E Ocean Blvd, Long Beach, CA 90803

List: $2,850,000

Listed: 6/15/2024

Area:3,185 sqft
Price/sqft:$895
Beds:4
Baths:5
Year Built:
Lot Size:2,563

Comparable Properties

COMPARABLE
Choose comps
5121 E Ocean Blvd, Long Beach, CA 90803

5121 E Ocean Blvd, Long Beach, CA 90803

Sale: $2,850,000

10/17/20240.00 mi

Area:3,185 sqft
Price/sqft:$895
Beds:4
Baths:5
Year Built:
Weight:24.9%
15 Via Di Roma Walk, Long Beach, CA 90803

15 Via Di Roma Walk, Long Beach, CA 90803

Sale: $1,890,000

9/20/20241.00 mi

Area:2,628 sqft
Price/sqft:$719
Beds:4
Baths:5
Year Built:
Weight:19.5%
241 Euclid Ave, Long Beach, CA 90803

241 Euclid Ave, Long Beach, CA 90803

Sale: $1,985,000

5/23/20250.92 mi

Area:2,756 sqft
Price/sqft:$720
Beds:4
Baths:4
Year Built:
Weight:19.3%
435 Orlena Ave, Long Beach, CA 90814

435 Orlena Ave, Long Beach, CA 90814

Sale: $2,250,000

7/22/20251.18 mi

Area:3,180 sqft
Price/sqft:$708
Beds:5
Baths:4
Year Built:
Weight:18.2%
289 Glendora Ave, Long Beach, CA 90803

289 Glendora Ave, Long Beach, CA 90803

Sale: $2,120,000

7/10/20250.71 mi

Area:3,250 sqft
Price/sqft:$652
Beds:5
Baths:4
Year Built:
Weight:18.1%

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