$2,595,000
6514 E Ocean Boulevard, Long Beach CA 90803
Multi-Family (Fourplex)
Property type
89 days
On market
$871
Price per sqft
2 cars
Garage
1942
Year built
2,428 sqft
Lot size
Home highlights
Open Houses
Overview
1031 EXCHANGE FOURPLEX, located in the highly desirable Peninsula area of Long Beach, just steps from the beach. The building consists of four units: two 1-bedroom/1-bath units located on the second floor, and one 1-bedroom/1-bath unit plus one studio/1 bath on the first floor. Each unit has its own private entrance, separate address (6514, 6516, 6518, and 6520), and electric...
Listing provided by: Ana Hlavnicka DRE #01864852, WSR Real Estate Inc.
Listing updated: Apr 10, 2026 at 03:43pm.
Last checked: Jun 5, 2026 at 06:31pm
Source: CRMLS #SW26050870
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 1 | 1 | 1 | — | $2,445 | $29,340 | $2,875 | Unfurnished |
| 1 | 1 | 1 | — | $2,875 | $34,500 | $3,000 | Unfurnished |
| 1 | 1 | 1 | — | $2,400 | $28,800 | $2,525 | Unfurnished |
| 1 | 0 | 1 | — | $1,945 | $23,340 | $2,100 | Unfurnished |
# of Buildings: 1
# of Units Total: 4
Separate Electric Meters: 4
Separate Gas Meters: 4
Separate Water Meters: 1
Dishwasher: 4
Disposal: 4
Ranges: 4
Refrigerator: 4
Rent Control: Yes
Units Leased: 4
Total Actual Rent: $9,665
Tenant Pays: Electricity, Gas, Trash Collection
Financial Snapshot
Gross Rent Multiplier
21.4x
List Price / Annual Gross Rent
Cap Rate
3.26%
NOI / List Price
Gross Scheduled Income: $121,440
Operating Expense: $36,917
Net Operating Income: $84,523
Annual Operating Expenses
Cable TV: $0
Electric: $600
Furniture Replacement: $0
Gardener: $0
Fuel: $0
Insurance: $2,499
Licenses: $0
Pool: $0
Professional Management: $9,085
Supplies: $0
Trash: $0
Water / Sewer: $1,197
Other Expense: $1,045
Interior
Flooring: Laminate, Tile
Heating: Wall Furnace
Appliances: Dishwasher, Disposal, Gas Oven, Gas Range, Microwave, Refrigerator, Tankless Water Heater, Water To Refrigerator, Water Heater, Dryer, Washer
Laundry: Common Area, Dryer Included, Washer Included
Entry Location: Ground
Exterior
Property Attached: Yes
Stories Total: 2
Levels: Two
Roof: Membrane
Window Features: Blinds, Drapes, Screens, Shutters
Construction Materials: Drywall, Shingle Siding, Wood Siding
Property Condition: Updated Remodeled, Turnkey
Exterior: Rain Gutters
Common Walls: Two Common Walls Or More
Security Features: Carbon Monoxide Detectors, Smoke Detectors
Lot Features: Two To Five Units Acre, Corner Lot, Near Public Transit, Walkstreet
Pool: None
Spa: None
Fencing: Average Condition, Wood
Water Source: Public
Sewer: Public Sewer
Electric: Standard
Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
View: Neighborhood
Road Frontage Type: City Street
Road Surface Type: Paved
Waterfront Features: Across The Road From Lake Ocean
Garage and Parking
Parking: Door Single, Garage, On Street
Garage Spaces: 2
Parking Total: 2
Lot Information
Land Lease: No
Common Interest: None
Parcel #: 7245025010
Additional Parcels: No
Tax Lot: 10
Zoning: LBR2I
Tax Block: 25
Subdivision: Peninsula (PI)
Community
HOA: No
HOA Fee: $0
Senior Community: No
Community Features: Biking, Curbs, Gutters, Street Lights, Sidewalks
Nearby Schools
Nearby schools around the 6514 E Ocean Boulevard, Long Beach, CA 90803. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$2,076,000
Total Interest
$2,647,824
Total Payment
$4,723,824
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$15,975
per month
Property History for 6514 E Ocean Boulevard
Long Beach Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 90803.
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