6601 E Seaside Walk - Multi-Family FOR SALE


Long Beach, CA 90803- Belmont Shore
$4,990,000 USD
818-219-6146
6601 E Seaside Walk, Long Beach, CA for Sale
$4,990,000 USD
Multi-Family - FOR SALE
1/22
null | 2.28% Cap Rate

6601 E Seaside Walk
Long Beach, CA 90803
Belmont Shore


HIGHLIGHTS

  • Luxury Oceanfront Property on The Peninsula, One of the Most Desirable, Serene Beach Neighborhoods in Southern California
  • Fully Renovated from 2021-2024 – New Roof, New Windows, Newly Replastered Exterior, New Elevator, New Electrical System, and New Beachfront Balcony
  • Meticulously Curated Upgrades and Amenities, Including 15-Foot Kitchen Island, Large Private Outdoor Kitchen, Floor-to-Ceiling Wine Cooler
  • Ocean Views from Nearly Every Room, Including See-Through Pneumatic Elevator
  • May Either Operate as a Duplex or Combine Into Large Single-Family Mansion
  • Enormous Floorplans – Two-Bedroom Plus Den Upper Unit with Three-Bedroom Plus Loft Lower Unit Spanning 3,686 Rentable Square Feet

OVERVIEW

Marcus & Millichap is pleased to announce the opportunity to purchase 6601 E Seaside Walk, a 3,686 square foot oceanfront property situated on the sand in The Peninsula, one of the most picturesque and serene beach neighborhoods in all of Southern California. Occupying a corner lot on the sand, the property currently operates as a duplex containing a three-bedroom plus loft lower unit and a two-bedroom plus den upper unit, though a new owner may elect to combine the units to create one large single-family mansion. With Long Beach hosting several events in the 2028 Summer Olympics, in addition to the upcoming 2026 World Cup and 2027 Super Bowl in the area, demand for luxury short-term rentals may provide a dramatic increase in income for a new investor. The building was masterfully upgraded from 2021 to 2024, with nearly all major systems updated and replaced, including a brand new roof, newly replastered exterior, a largely new electrical system, a new beachfront balcony, new windows, several new plumbing lines, and a new pneumatic elevator. Even more impressively, the property’s interior has been carefully reimagined with designer upgrades that add impressive flourishes to its international motif. Artemide lighting, a SMEG gas range, and custom-made hoods were all imported from Italy to adorn the living spaces that feature snow-white marble fireplace surrounds, a Toto electric water closet, a built-in Thermador refrigerator, and a floor-to-ceiling wine cooler. Built-in microwave drawers were designed into the kitchen cabinetry, with the lower unit housing a 22-foot kitchen countertop and the upper unit featuring a 15-foot kitchen island and vegetable sink. The exterior entertaining space includes an 18 by 13 foot outdoor porcelain kitchen with granite countertops that overlooks the ocean, along with a new outdoor shower featuring an original custom painted surfboard. An exquisite entry lobby leads residents to either of the two units and also provides access to the new see-through elevator, featuring a two-story glass wall with more ocean views. The property also includes a built-out two-car garage, offering rare parking for residents in this beach enclave. For additional information, please download the Offering Memorandum below.

FOR SALE DETAILS

PRICE

$4,990,000 USD

PRICE/SF

$1,354 USD /SF

# OF UNITS

2

PRICE/UNIT

$2,495,000

CAP RATE

2.28%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Luxury Oceanfront Property | Fully Remodeled

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1962

PARKING SPACES

2

LAND DETAILS

LAND ACRES

0.09 AC

LAND SF

3,927 SF

ZONING

LBR2

APN/PARCEL ID

7245-029-015

ASK ABOUT THIS PROPERTY

Rick RaymundoMarcus and MillichapMore Info
818-219-6146

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Rick RaymundoMarcus and MillichapMore Info
818-219-6146

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.