Welcome to this COMPLETELY RENOVATED Trophy property, an exceptional Oceanfront fourplex located in the highly coveted Belmont Shore neighborhood. Just steps from the sandy beach, this rare investment opportunity offers a remarkable Cap Rate of 7.7% with a NET Income of $203,600. and a Pro forma Cap rate of 8.35%. Situated in one of Long Beach’s most desirable areas, this property is in close proximity to Naples Island, 2nd Street shopping and dining, Alamitos Bay, the Long Beach Bike/Walking Path, and the renowned Belmont Athletic Club.
This two-level fourplex comprises three 1 BD/1 BA units and one 2 BD/1 BA unit with a private sundeck, all meticulously renovated with high-end designer fixtures, finishes, and furnishings. Over $500,000 was invested into the property's renovations, which include new cabinets, countertops, waterproof flooring, designer bathroom tiles, modern light fixtures, fresh paint, and luxurious furnishings. Additional building improvements feature new electrical and plumbing upgrades, exterior landscaping, new pavers, a front gate, turf, plants, and enhanced lighting including in-ground lighting.
Investment opportunities of this quality and in this exclusive pocket are rare and highly sought after. With all units currently occupied, this is a unique chance to own a piece of Belmont Shore. For additional income, consider hosting oceanfront events on the patio, adding two loft-style ADUs in each garage, constructing a third-story penthouse apartment, and creating a rooftop sundeck. Enhance the indoor-outdoor living experience by adding a balcony to the upstairs oceanfront unit.
Seize this rare opportunity to invest in a luxury oceanfront property that promises both immediate returns and significant long-term value. Contact us today to schedule a viewing and explore the endless possibilities this trophy property has to offer.
Sold for $2,579,000
Listed by: Keller Williams Realty • Kathy Veysey • Contact: 949-482-3999
Bought with: Keller Williams Realty N. Tustin
$2,579,000
5267 E Ocean Blvd, Long Beach, CA 90803
14beds
10baths
2,829sqft
Quadruplex
Built in 1953
-- sqft lot
$2,553,300 Zestimate®
$912/sqft
$3,442 Estimated rent
Home value
$2,553,300
$2.30M - $2.83M
$3,442/mo
Zestimate® history
Owner options
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$3,442/mo
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$3,442/mo
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$16,530/mo
Est. payment
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$16,530/mo
Est. payment
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List your homeWhat's special
Sandy beachModern light fixturesLuxurious furnishingsFront gateAdding a balconyNew paversFresh paint
Zillow last checked:
Listing updated:
Listed by:
Kathy Veysey DRE #01175444 949-981-8156,
Keller Williams Realty
Bought with:
Ali Jahanshahi, DRE #01712904
Keller Williams Realty N. Tustin
Source: CRMLS,MLS#: PW24149314
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 14
- Bathrooms: 10
Rooms
- Room types: Bedroom, Kitchen, Laundry, Living Room, Primary Bathroom, Primary Bedroom
Bedroom
- Features: Bedroom on Main Level
Heating
- Wall Furnace
Cooling
- None
Appliances
- Included: ENERGY STAR Qualified Appliances, ENERGY STAR Qualified Water Heater, Exhaust Fan, Gas Cooktop, Disposal, Gas Oven, Gas Range, Gas Water Heater, High Efficiency Water Heater, Ice Maker, Microwave, Portable Dishwasher, Refrigerator, Range Hood, Self Cleaning Oven, Trash Compactor, Water To Refrigerator, Water Heater, Water Purifier, Dryer
- Laundry: Common Area, Electric Dryer Hookup, Gas Dryer Hookup, Inside, Laundry Closet, In Garage
Features
- Wet Bar, Block Walls, Ceiling Fan(s), Crown Molding, Furnished, Granite Counters, Open Floorplan, Pantry, Paneling/Wainscoting, Quartz Counters, Recessed Lighting, Storage, Bar, Bedroom on Main Level
- Flooring: Laminate, Tile, Vinyl, Wood
- Doors: Panel Doors
- Windows: Blinds, Custom Covering(s), Double Pane Windows, Drapes, ENERGY STAR Qualified Windows, Insulated Windows, Roller Shields, Screens, Shutters
- Has fireplace: Yes
- Fireplace features: Electric, Gas, Living Room
- Furnished: Yes
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 2,829
- Total interior livable area: 2,829 sqft
Property
Parking
- Total spaces: 4
- Parking features: Garage, Garage Door Opener
- Garage spaces: 4
Features
- Levels: Two
- Stories: 2
- Entry location: Front of Building
- Exterior features: Barbecue, Rain Gutters
- Pool features: None
- Fencing: Block,Masonry,New Condition,Privacy,Stucco Wall,Vinyl
- Has view: Yes
- View description: Catalina, City Lights, Coastline, Ocean, Pier, Water
- Has water view: Yes
- Water view: Coastline,Ocean,Pier,Water
- Waterfront features: Across the Road from Lake/Ocean, Beach Access, Beach Front, Ocean Access, Ocean Front
Lot
- Size: 2,702 Square Feet
- Features: 2-5 Units/Acre, Drip Irrigation/Bubblers, Front Yard, Sprinklers In Front, Lawn, Landscaped, Paved, Sprinklers Timer, Sprinkler System
Details
- Additional structures: Second Garage, Storage
- Parcel number: 7247025026
- Zoning: LBR4R
- Special conditions: Standard,No Smoking
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Contemporary,Patio Home
- Property subtype: Quadruplex
Materials
- Drywall, Stucco
Condition
- Additions/Alterations,Building Permit,Updated/Remodeled
- New construction: No
- Year built: 1953
Utilities & green energy
- Electric: Electricity - On Property, Standard
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
Green energy
- Energy efficient items: Lighting, Windows, Appliances, Water Heater
- Water conservation: Water-Smart Landscaping
Community & HOA
Community
- Features: Biking, Curbs, Dog Park, Fishing, Golf, Gutter(s), Hiking, Park, Storm Drain(s), Street Lights, Sidewalks, Water Sports
- Security: Prewired, Security System, Carbon Monoxide Detector(s), Fire Detection System, Fire Rated Drywall, 24 Hour Security, Key Card Entry, Resident Manager, Smoke Detector(s), Security Lights
- Subdivision: Belmont Shore (Bsd)
Location
- Region: Long Beach
Financial & listing details
- Price per square foot: $912/sqft
- Tax assessed value: $2,356,506
- Annual tax amount: $30,716
- Date on market: 7/22/2024
- Cumulative days on market: 249 days
- Listing terms: Cash,Cash to New Loan,Conventional,Contract,Cal Vet Loan,1031 Exchange,FHA 203(b),FHA 203(k),FHA,Fannie Mae,Freddie Mac,Government Loan,Lease Option,Owner Pay Points,Private Financing Available
- Lease term: 12 Months
- Total actual rent: 13900
- Tenant pays: Electricity, Gas, Trash Collection
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 6/28/2026 | Listing removed | $3,200$1/sqft |
Source: CRMLS #SB26052015 Report a problem | ||
| 5/18/2026 | Price change | $3,200-5.9%$1/sqft |
Source: CRMLS #SB26052015 Report a problem | ||
| 4/1/2026 | Price change | $3,400-8.1%$1/sqft |
Source: CRMLS #SB26052015 Report a problem | ||
| 3/10/2026 | Listed for rent | $3,700$1/sqft |
Source: CRMLS #SB26052015 Report a problem | ||
| 4/22/2025 | Sold | $2,579,000-2.7%$912/sqft |
Source:  CRMLS #PW24149314 Report a problem | ||
| 4/1/2025 | Contingent | $2,649,333$936/sqft |
Source: CRMLS #PW24149314 Report a problem | ||
| 3/27/2025 | Price change | $2,649,333-4.3%$936/sqft |
Source: CRMLS #PW24149314 Report a problem | ||
| 3/18/2025 | Price change | $2,767,333-2.8%$978/sqft |
Source: CRMLS #PW24149314 Report a problem | ||
| 3/13/2025 | Listed for sale | $2,847,000+25.7%$1,006/sqft |
Source: CRMLS #PW24149314 Report a problem | ||
| 11/18/2022 | Sold | $2,265,000+7.9%$801/sqft |
Source: Public Record Report a problem | ||
| 7/27/2022 | Pending sale | $2,100,000$742/sqft |
Source: CRMLS #RS22155802 Report a problem | ||
| 7/20/2022 | Listed for sale | $2,100,000$742/sqft |
Source: CRMLS #RS22155802 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $30,716 +4.4% | $2,356,506 +2% |
| 2024 | $29,411 +1.7% | $2,310,800 +2% |
| 2023 | $28,920 +1018.3% | $2,265,500 +1332.9% |
| 2022 | $2,586 +3% | $158,103 +2% |
| 2021 | $2,511 +0.3% | $155,014 +1% |
| 2020 | $2,504 | $153,430 +2% |
| 2019 | $2,504 +5% | $150,433 +2% |
| 2018 | $2,385 | $147,494 +2.3% |
| 2017 | $2,385 +1.3% | $144,112 +2% |
| 2016 | $2,356 +12.9% | $141,287 +1.5% |
| 2015 | $2,086 +3.5% | $139,166 +2% |
| 2014 | $2,015 | $136,441 +2.5% |
| 2012 | -- | $133,164 +2% |
| 2011 | -- | $130,554 +0.8% |
| 2010 | -- | $129,579 -0.2% |
| 2009 | -- | $129,888 +2% |
| 2008 | -- | $127,342 +2% |
| 2007 | -- | $124,846 +2% |
| 2006 | -- | $122,399 |
| 2005 | -- | $122,399 +4% |
| 2004 | -- | $117,648 +1.9% |
| 2003 | -- | $115,492 +2% |
| 2002 | -- | $113,229 +4% |
| 2000 | -- | $108,834 |
Find assessor info on the county website
Neighborhood: Belmont Shore
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Nearby schools
GreatSchools rating
- 8/10Naples Elementary SchoolGrades: K-5Distance: 0.5 mi
- 8/10Rogers Middle SchoolGrades: 6-8Distance: 0.8 mi
- 6/10Wilson High SchoolGrades: 9-12Distance: 1.5 mi
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Estimated market value
$2,553,300
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Estimated market value
$2,553,300
- California
- Los Angeles County
- Long Beach
- 90803
- Belmont Shore
- 5267 E Ocean Blvd
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