5 Loma Avenue Long Beach, CA $ 3,990,000
5 Loma Avenue
$ 3,990,000
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5 Loma Avenue

Long Beach, CA, 90803
$ 3,990,000
Bedrooms5 Baths5.0 Sq 4,170

Monthly Estimate*

$ 27,871

Listed by A1 Realty, Inc.
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Multi-Family Home for sale in Long Beach, CA

for $3,990,000 with 5 bedrooms and 5 full baths. This 4,170 square foot home was built in 1924 on a lot size of 0.1079.

Prestigious Bluff Park Historic District. Located along the Ocean Bluffs, with a panoramic view of the Pacific Ocean. Walking distance from lively Belmont Shores 2nd Street. These are more than income-generating units. These are executive apartments with private patios, ocean views, and their very own private garage as well as private laundry. A rare find indeed!! 3535 E Ocean Blvd: Approximately 1500 square foot home from the front porch, you are surrounded by beautiful unobstructed ocean views. Spanish-style home with oak hardwood floors throughout. It may seem like an escape back in time, but don’t be mistaken this home has been extensively remodeled to have the look and feel of an old Spanish Villa while providing all the state-of-the-art amenities. Viking 6 burner stove, Subzero Refrigerator, Open concept kitchen/dining room/living room with cabinetry that was built custom and specifically for the space. That’s just the kitchen! Central Air and Heating. Completely new electrical, a tankless water heater, plumbing that has been completely redone down to the main waterline. Built in bookcases, and home office accommodations offer a space to conduct business just in time to frontier into the new norm; working or creating from the comfort of your living room. Master bedroom has a ¾ bathroom, plenty of closet space and large windows that bring in lovely warm light and a soft breeze. 2nd bedroom is located to the rear of the unit, with a large walk in closet and 3 windows that surround the room bringing in lots of bright sunshine. Full bath is located at the end of the hall and was made to look vintage with its gorgeous glass tile, and chrome fixtures a real must see! This downstairs part of the home also has a private patio to round out the perfect beach living dream. It offers a built-in BBQ, with mini-fridge, two areas for storage, and plenty of room for entertaining.....NICE!!! 3533 E Ocean Blvd & 5, 7 Loma Ave Now imagine all of the above the central air/heat, the tankless water heater to provide unlimited hot water without worry, hardwood floors throughout, Spanish tile backsplash and flooring, but with a private balcony! 5 Loma offers a 1 bedroom 1 bath, with French doors that open up to the perfect balcony for beach living and people watching. 7 Loma is perfect for the tenant who loves the minimalist lifestyle while having all same amenities offered to the other unit

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Multi-Family Active

Price

$ 3,990,000

Bedrooms

5

Full Bath

5

Property Type

Multi-Family

Taxes

$ 0

Style

Spanish

Lot Size

0.1079

Year Built

1924

Town/City

Long Beach

County/Region

Los Angeles

MLS | Web ID

NP24068688

Days on Market

36

Features
General
Interior Features EntranceFoyer MainLevelPrimary WalkInClosets
Sewer PublicSewer
Heating Central ENERGYSTARQualifiedEquipment
Cooling CentralAir ENERGYSTARQualifiedEquipment
Possession ClosePlus3Days
Roof Flat SpanishTile
Zoning LBR4R
Garage Spaces 4.0
Architectural Style Spanish
Pool Features None
Security Features ClosedCircuitCameras CarbonMonoxideDetectors SmokeDetectors SecurityLights
Year Built 1924
Stories 2
Levels Two
Property SubType Quadruplex
Gross Income 137000.0
Community Features Biking Curbs DogPark Fishing StreetLights Sidewalks WaterSports
County Los Angeles
Net Operating Income 124860.0
Operating Expense 12140.0
Insurance Expense 4800.0
New Construction N
Property Type ResidentialIncome
HOA / Comm Assn N
Attached Garage N
Subdivision Name Bluff Park (BLF)
Garage Y/N Y
Special Listing Conditions Standard
Status Active
Directions West of Belmont shore 1 block east of Redondo ave On Ocean blvd
City Long Beach
Entry Location Front
View Y/N N
Senior Community Y/N N
Total Units 4
MLS Area 2 - Belmont Heights Alamitos Heights
Lot Size Square Feet 4699.0
Private Pool N
Waterfront Y/N N
Carport Y/N N
Number of Units Leased 3
Street Name Loma
Listing Terms Cash CashtoNewLoan Item1031Exchange
Spa Features None
Property Attached Y/N Y
Land Lease Y/N N
Electric Expense 660.0
Home Warranty Y/N N
Property Condition AdditionsAlterations BuildingPermit RepairsCosmetic
Trash Expense 1200.0
Water Sewer Expense 1200.0
Ok to Lease MonthToMonth
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N Y
Days on Market 7
Building Area Units SquareFeet
Standard Status Active
Year Built Source Assessor
Tax Lot 10
Total Actual Rent 15100.0
Property Sub Type Additional Quadruplex
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Exterior
Lot Features Item01UnitAcre
Water Source Public
Total Parking 4.0
Lot Size Area 4699.0
Number of Buildings 1
Spa N
Building Area Total 4170.0
Lot Size Acres 0.1079
Lot Size Units SquareFeet
Lot Size Source Assessor
Number of Separate Water Meters 1
Number of Separate Gas Meters 4
Number of Separate Electric Meters 6
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Total Stories 2
Common Walls Item1CommonWall
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Window Features Blinds BayWindows CustomCoverings DoublePaneWindows ENERGYSTARQualifiedWindows
Fireplace Y/N N
Street Suffix Avenue
Laundry Features SeeRemarks
Entry Level 1
Electric On Property Y/N N
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Internal Only
Street Number 1 5
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* Excluded Features
List By
A1 Realty, Inc.

Broker

(949) 645-1800

Phone

Affordability Calculator

$27,871
Per Month
100%
0%
0%
Monthly Principal & Interest
$27,871
Monthly Property Taxes
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Monthly Home Insurance
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Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
273443 Elementary School
272636 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/9/2024$3,990,000 Listed Price

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5 Loma Avenue, Long Beach, CA, 90803 is a Multi-Family Home for sale at $3,990,000 with 4,170 sqft and a lot size of 0.1079. 5 Loma Avenue has 5 bedrooms, 5.0 baths, and was built in 1924. The property's zip code is 90803 which is in Long Beach, CA