5503 E Ocean Boulevard, Long Beach, California 90803, Long Beach, 90803 - 4 bed, 3 bath

5503 E Ocean Boulevard, Long Beach, California 90803 home-pic-0

5503 E Ocean Boulevard

Long Beach, California 90803

ACTIVE
CONDITION: GOOD
4Beds
3Baths
3,422Sq Ft
2,572Lot Size

Property Price

LIST PRICE$5,000,000
EST. MARKET VALUE
$5,423,836
7% BelowMARKET VALUE

SUMMARY

Analysis of 5503 E Ocean Boulevard, Long Beach, California 90803 reveals a Prime Investment Opportunity with a current list price of $5,000,000—significantly undercutting the $5,423,836 Fair Market Value by 7%. This valuation gap indicates a +$423,836 Instant Equity potential for buyers. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Long Beach Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.

Estimated Market Value

$5,423,836 +$423,836 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Long Beach.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
5503 E Ocean Boulevard
Subject
$5,000,000*
List Price
433,422$1,585-
A
59 Rivo Alto Canal
Sold
$5,250,000553,420$1,5350.3 mi
B
85 Rivo Alto Canal
Sold
$3,695,000442,363$1,5640.4 mi
C
90 Rivo Alto Canal
Active
$3,748,000
List Price
432,600$1,4420.4 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Good
TeardownExcellent

Property is move-in ready.

Built in 2008, this property falls within the 10-20 year age range for a 'good' rating. The home is move-in ready and features high-quality finishes such as distressed hickory floors, custom cabinetry, and a gourmet kitchen with top-of-the-line appliances and an oversized island. While the property is exceptionally well-maintained with premium upgrades like a 1,200-bottle wine cellar and accordion doors, it does not meet the 'excellent' criteria of being built within the last 10 years or having a documented full renovation within the last 5 years.

PROSSTRENGTHS & OPPORTUNITIES

  • Exceptional Panoramic Views

    Situated on a premier corner lot, this residence offers rare, sweeping vistas of Alamitos Bay, the Pacific Ocean, and Catalina Island from nearly every vantage point across all three levels.

  • High-End Custom Craftsmanship

    Built in 2008, the home features superior finishes including distressed hickory floors, bespoke stained-glass entry doors, and a temperature-controlled 1,200-bottle wine cellar.

  • Seamless Indoor-Outdoor Living

    The open-concept second level utilizes expansive accordion doors that lead to a full-length bay-front terrace, perfectly designed for high-end coastal entertaining.

CONSRISKS & DEFICIENCIES

  • Low Available Lot Utilization

    The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 2572, living area = 3422.

  • Vertical Living Constraints

    The three-story layout, with the primary sanctuary located on the top floor, may be a drawback for buyers with mobility concerns as no elevator is mentioned.

  • Limited Private Yard Space

    While offering extensive terraces, the compact 2,572 sqft lot provides minimal traditional yard or garden space, which is common for the Peninsula but may limit some buyers.

About 5503 E Ocean Boulevard

A rare Peninsula masterpiece with commanding bay-to-ocean views, this exceptional 3 story California Craftsman is one of the most coveted waterfront offerings along the Peninsula. Built in 2008 on a premier corner lot, the residence captures sweeping panoramas of Alamitos Bay, the Pacific Ocean, the marina, Catalina Island, the Queen Mary & the surrounding mountains-an ever-changing coastal backdrop from nearly every vantage point. Rich in craftsmanship & refined finishes, the home showcases distressed hickory floors, custom cabinetry on every level, a dramatic foyer introduced by bespoke stained-glass entry doors, and more (See Supplements for list of extensive upgrades.) Designed for relaxed entertaining; the main floor features a spacious family room with custom built-ins & bar. French doors open to a bay-front patio, perfect for evening sunsets. This level also includes a temperature-controlled 1,200-bottle wine cellar, a charming guest suite, a secondary bedroom, & a beautifully finished full bath. The garage offers a 40-amp charging port. Second level maximizes the home’s extraordinary vistas, the open-concept living, dining, & kitchen areas unfold with sweeping views. Expansive accordion doors open to a full-length bay-front terrace, delivering seamless indoor-outdoor living. The dining room & convertible bedroom enjoy ocean & island views. The gourmet kitchen is a chef’s statement, featuring a suite of top-of-the-line appliances, dual sinks & an oversized island with cooktop. Light-filled living & informal dining areas offer built-in seating, custom cabinetry & a wood-burning fireplace, all flowing effortlessly to the terrace & built-in grill. A dedicated laundry room & a three-quarter bath complete this level. The entire third level is devoted to a luxurious primary sanctuary including a generous walk-in closet, spa-inspired bath, & a dedicated workout area overlooking the ocean. An expansive view deck invites sun-soaked afternoons & unforgettable sunsets across the bay, ocean, & mountains. This extraordinary waterfront residence is a masterclass in thoughtful design & timeless coastal elegance - where every floor reveals a new perspective, and every sunset feels like a private showing. Set in one of the coast’s most coveted and rarely available locations, this estate delivers the ultimate lifestyle with effortless access to the Yacht Club, canals, Belmont Shore’s shops & dining, and miles of scenic bike paths and boardwalk just outside your door.

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
2008
Lot Size
2,572 Sq. Ft.

Interior

Total Bedrooms
4
Total Bathrooms
3 (3 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$0 / Month

Neighborhood Insights

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds4.03.0
57%
Baths3.03.0
50%
Square foot3,4222,118
94%
Lot Size2,5723,179.5
31%
Price$5.00M$1.71M
96%
Price per sq ft$1.5K$882
93%
Built year20081946
96%
HOA$0$0
50%
Days on market15194
1%

Pricing History

Listed for Sale

Feb 19, 2026

$5,000,000

Initial Listing

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