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2525 E Ocean Boulevard, Long Beach, California 90803, Long Beach, 90803 - 5 bed, 4 bath

2525 E Ocean Boulevard, Long Beach, California 90803 home-pic-0
ACTIVE$4,650,000
2525 E Ocean Boulevard, Long Beach, California 90803
5Beds
4Baths
4,100Sqft
11,042Lot
Year Built
1953
Close
-
List price
$4.65M
Original List price
$4.65M
Price/Sqft
$1,134
HOA
-
Days on market
-
Sold On
-
MLS number
25487967
Home ConditionGood
Features
Excellent View: Bluff, Catalina, City Lights, Coastline, Harbor, Landmark, Ocean, Panoramic, Pier, Water
Patio
ViewBluff,Catalina,City Lights,Coastline,Harbor,Landmark,Ocean,Panoramic,Pier,Water

About this home

Possibly Over-Priced:The estimated price is 19% below the list price. We found 3 Cons,6 Pros. Rank: price - $4.65M(97th), sqft - 4100(97th), beds - 5(88th), baths - 4(83th).

Location, location, location! Don't miss out on the opportunity to own an extraordinary property perfectly positioned within the iconic coastal Bluff Park neighborhood of Long Beach. Enjoy expansive ocean views from your front door! This versatile property has so much creative potential for multiple generations to enjoy. Set on a premium and expansive lot size totaling 11,040 sq.ft. with an estimated 4,100 living sq.ft, this is being offered at $4,650,000. This exclusive compound offers unobstructed panoramic ocean views, breathtaking sunsets, and unobstructed views of Catalina Island, The Queen Mary, and the Cruise Liners calling into the Long Beach Port. The lot is R-2 (Two-Unit Residential) Zoning District so you can build 2 residential dwellings on this single lot, if so desired. Please check with the City of Los Angeles for development potential and criteria. This stunning property boasts 5 bedrooms, 2 full baths, 2 half baths, 2 courtyards, and breathtaking ocean views. The bright, open floor plan features seamless walls of windows, a spacious living room with a fireplace, and a formal dining room overlooking lush courtyards. The kitchen flows into a large dining area, perfect for gatherings, while the main level includes an office (or extra bedroom), a laundry room with storage, and a peaceful bedroom suite with courtyard access. The expansive outdoor area offers lush landscaping, tranquil gardens, and spaces for relaxation or entertaining. Upstairs, the luxurious master suite features a fireplace, panoramic ocean views, a soaking tub, oversized shower, and dual vanities. Two additional bedrooms share a bathroom, and an entertainment room with a fireplace and balcony can double as another bedroom. A separate guest room with a fireplace and private backyard adds flexibility. The property includes 3 enclosed parking spaces, 3 carport spots (ideal for RVs or boats), and a detached two-car garage with ADU potential. Steps from the beach, Alamitos Bay, and Belmont Shore's vibrant shops and dining, this estate seamlessly combines coastal charm, luxury, and convenience. This exclusive compound artfully unites an extraordinary home with an extraordinary life.

Nearby schools

7/10
Mann Elementary School
Public,•K-5•0.5mi
6/10
Burbank Elementary School
Public,•K-5•0.6mi
9/10
Fremont Elementary School
Public,•K-5•1.1mi
5/10
Willard Elementary School
Public,•K-5•1.2mi
9/10
Lowell Elementary School
Public,•K-5•1.7mi
6/10
Franklin Classical Middle School
Public,•6-8•1.1mi
7/10
Jefferson Leadership Academies School
Public,•6-8•1.2mi
7/10
Rogers Middle School
Public,•6-8•1.8mi
6/10
Wilson High School
Public,•9-12•1.6mi
6/10
Polytechnic High School
Public,•9-12•2.1mi

Price History

Date
Event
Price
06/06/18
Sold
$2,650,000
Condition Rating
Good
Built in 1953, this property has undergone significant recent renovations, particularly evident in the bathrooms which feature modern fixtures, freestanding tubs, glass-enclosed showers, vessel sinks, and contemporary tile work, indicating updates within the last 5-15 years. The visible flooring (laminate/engineered wood and large format tile) and paint throughout the main living areas and bedrooms appear new and in excellent condition, making the property move-in ready with no immediate cosmetic renovations required. However, the absence of clear kitchen images and the property analysis noting 'Dated Construction & Renovation Needs' suggest that not all systems or areas may be fully modernized to 'virtually new' standards, preventing an 'Excellent' rating. Some areas, like the den with its stone fireplace and wood paneling, retain a more traditional aesthetic.
Pros & Cons

Pros

Great Schools: Elementary School: Lowell Elementary School (9/10).
Exceptional Panoramic Ocean Views: The property boasts unobstructed panoramic views of the Pacific Ocean, Catalina Island, The Queen Mary, and city lights, providing a premium aesthetic and lifestyle.
Premier Coastal Location: Located in the iconic Bluff Park neighborhood, the property offers immediate access to the beach, Alamitos Bay, and the vibrant shops and dining of Belmont Shore.
Significant Development Potential: An expansive 11,040 sq.ft. R-2 zoned lot provides the rare opportunity to build two residential dwellings, offering substantial investment and customization potential.
Generous & Flexible Living Space: With 4,100 sq.ft., 5 bedrooms, 4 bathrooms, multiple living areas, an office, and a separate guest room, the property offers ample space and versatility for various living arrangements.
Extensive Parking & ADU Opportunity: The property includes 3 enclosed parking spaces, 3 carport spots (ideal for RVs/boats), and a detached two-car garage with clear potential for an Accessory Dwelling Unit (ADU).

Cons

High List Price Relative to Market Value: The current list price of $4,650,000 is significantly higher than the estimated market value of approximately $3,744,907, which may require strong justification to potential buyers.
Dated Construction & Renovation Needs: Built in 1953, the property, despite its 'creative potential,' may require substantial modernization and renovation to meet contemporary luxury standards expected at this price point.
Additional Investment for Full Potential: The emphasis on 'creative potential' suggests that realizing the property's full value and functionality will necessitate significant additional financial investment beyond the purchase price for customization or upgrades.

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