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5901 E OceanLong Beach, CA 90803

For Sale

$6,100,000

Smart Buyer Rebate $61,000

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.

Listed by Kevin King

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License #01158184

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Marcus & Millichap

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kking@marcusmillichap.com

Last updated February 04, 2026

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Source: CRMLS #PW26025768

Listing Facts

  • TypeMulti-family
  • NeighborhoodPeninsula
  • Days on Prevu40

Amenities

  • Parking

Location

Mortgage Calculator

Listing History

02/04/2026
Listed by Marcus & Millichap
$6,100,000

Property Details for 5901 E Ocean

Association

Amenities

  • Community Features: Curbs, Sidewalks

Exterior

Construction

  • Number Of Units Total: 16
  • Property Attached: Yes
  • Stories Total: 2
  • Year Built: 1948
  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Entry Location: Front

Measurements

  • Building Area Total: 6,748
  • Building Area Units: Square Feet
  • Lot Features: 16-20 Units/Acre
  • Lot Size Acres: 0.10
  • Lot Size Area: 4,386
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 4,386
  • Lot Size Units: Square Feet

Financial

Residential Income

  • Gross Income: $411,299.00
  • Operating Expense: $130,603.00

Taxes

  • Parcel Number: 7245019030

Other

Location

  • Subdivision Name: Naples (NA)
  • Tax Block: 8
  • Tax Lot: 15

Parking

Parking

  • Garage Spaces: 4
  • Garage: Yes
  • Parking Total: 4

Utilities

Equipment

  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Water Source: Public

Frequently Asked Questions

How many bedrooms does this multi-family home have?

There is bedrooms in this multi-family home at 5901 E Ocean.

Does this multi-family home have parking?

Yes, there are 4 parking spaces available for 5901 E Ocean.

How does 5901 E Ocean compare to other multi-family homes in Peninsula?

This multi-family home is listed 123% above the average price for multi-family homes in Peninsula and has been on the market for 15 less days than the typical home in this area.

5901 E Ocean is a -bedroom multi-family home for sale in Long Beach CA 90803. Available on Prevu for 40 days at $6,100,000. This residence is located in Peninsula. The median listing price for multi-family homes in this area is $2,997,000. The home offers parking. Browse more multi-family home listings in Los Angeles County.

Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.