5587 E  Ocean Blvd, Long Beach, CA 90803
Alamitos Bay Beach
Property image
OFF MARKET

5587 E Ocean Blvd
Long Beach, CA 90803

Peninsula
  • 2 Beds
  • 1 Bath
  • 1,050 sqft

$1,022,000

Trulia Estimate
as of Aug 17, 2026
Est. Refi. Payment $6,205/mo*

$1,022,000

Trulia Estimate
as of Aug 17, 2026
Est. Refi. Payment $6,205/mo*
2 Beds
1 Bath
1,050 sqft

Home Value

Trulia Estimate
$1.02M
Since last month
Decreased$8K (-0.8%)
Since last year
Increased$24K (+2.4%)
Since last sale
Increased$538K (+107.5%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +20% in the last 10 years
MonthEstimated value
2026
August 2026$1.04M
July 2026$1.04M
June 2026$1.05M
May 2026$1.02M
April 2026$998K
March 2026$996K
February 2026$1.01M
January 2026$994K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.50
Condo
$570,000
07/29/26
1
1
703
0.50
Condo
$570,000
07/29/26
1
1
703
0.52
Condo
$660,000
07/15/26
2
1
740
0.72
Condo
$1,100,000
05/29/26
2
2
1,035
0.84
Condo
$800,000
02/23/26
1
1
941
0.46
Condo
$1,020,000
04/20/26
2
2
1,104
0.70
Condo
$1,200,000
08/22/25
2
2
2,000
0.81
Condo
$750,000
08/04/26
2
2
1,024
0.62
Condo
$795,000
09/04/25
1
1
865
0.62
Condo
$905,000
03/17/26
2
2
1,171

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
0.02
$2,075,000
3
3
1,795
Recently Sold
0.04
$6,681,500
4
5
4,134
Off Market
0.07
$3,163,500
5
3.5
3,300
Off Market
0.06
$3,102,400
4
3.5
2,658
Off Market
0.06
$3,504,400
3
3
2,792
Off Market
0.07
$4,528,900
4
4
3,387
Off Market
0.10
$3,401,800
4
4.5
3,105
Off Market
0.10
$3,695,000
3
3
2,776
For Sale
0.10
$3,440,400
4
4.5
3,105
Off Market
0.15
$5,000,000
3
3.5
2,979
Recently Sold
0.15
$5,661,935
3
3
3,000
Recently Sold
0.11
$2,484,800
3
2.5
1,859
Off Market

Local Information

  • Map ViewExplore the area around 5587 E Ocean Blvd.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Condo
Year Built
1963
Living Area
1,050 sqft
Price/Sqft
$973
Parking
Garage

About this House

RARELY AVAILABLE PENINSULA LOCATION - Located on The Peninsula, the hidden jewel of Long Beach, this gorgeous 2 Bed/1 Bath is available March 1, 2023. Just steps from two beaches, this large 2 Bedroom encompasses the entire lower level of this two story duplex. The recently renovated unit has stylish NEW Laminate flooring and NEW window treatments thru out, a NEW suite of stainless appliances - including French door refrigerator with indoor ice/water dispenser, Dish Washer, Micro wave and Gas stove, NEW custom cabinetry and NEW granite counter tops. The beautiful wood burning fireplace in the open concept Living room/Dining Room/ Kitchen area adds that cozy feeling on cool nights. Large master suite with wall of closets, beautiful soaking tub in stylish bathroom. Large walk in hall closet and NEW paint thru out. One year lease includes parking spot in garage with remote and free Washer/Dryer in garage. Live the dream, just steps away from paddle boarding on Alamitos Bay, enjoying the daily sunset from Seaside Walk, strolling to a 2nd street Restaurant or picking up the beach bike path just blocks away. Experience SO CA Beach living at its best - in style and comfort!

Owner pays water.
5587 E Ocean Blvd, Long Beach, CA 90803 is a 2 bedroom, 1 bathroom, 1,050 sqft condo in Peninsula, built in 1963. It last sold for $500,000 on May 17, 2000. More recently, it was listed as a rental in January 2023 with an asking price of $3,600 per month. That rental listing was removed on February 8, 2023. It is currently off market. The Trulia Estimate is $1,022,000, with a rent estimate of $3,754/month.

Home Details for 5587 E Ocean Blvd

Property Information

Year Built
Year Built: 1963Year Updated: 1963
Property Type / Style
Property Type: Condo

Interior Features

Interior Details
Additional StorageTypes of Rooms: Walk In Closet, Dining Room, Family RoomStorage
Appliances & Utilities
DishwasherDisposalMicrowaveRefrigerator
Fireplace & Spa
Fireplace
Levels, Entrance, & Accessibility
Floors: Hardwood

Exterior Features

Parking & Garage
GarageParking: Garage Detached

Community

Units in Building: 2

Lot Information

Lot Area: 2542 sqft

Additional Information

On Site Laundry Available

Price and Tax history

DateEventPrice
Feb 8, 2023
Source: Zillow Rentals
ListingRemoved
Jan 22, 2023
Source: Zillow Rentals
Listed For Rent
$3,600
Mar 24, 2021
Source: N/A
ListingRemoved
Feb 20, 2020
Source: N/A
ListingRemoved
$3,400
Jan 15, 2020
Source: N/A
Listed For Rent
$3,400

Market trends in Long Beach

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$818K
$12.5K
MoM
Sale-to-List Price
100.0%
Price per sq ft
$646
$17
MoM
Available listings
797
3
MoM
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Neighborhood Overview

Neighborhood stats provided by third party data sources.

What Locals Say about Peninsula

At least 15 Trulia users voted on each feature.
  • 100 % Say it's dog friendly

  • 100 % Say it's walkable to restaurants

  • 89 % Say there's holiday spirit

  • 88 % Say yards are well-kept

  • 86 % Say there are sidewalks

  • 80 % Say people would walk alone at night

  • 78 % Say there are community events

  • 78 % Say streets are well-lit

  • 68 % Say neighbors are friendly

  • 63 % Say kids play outside

  • 61 % Say they plan to stay for at least 5 years

  • 61 % Say car is needed

  • 47 % Say it's walkable to grocery stores

  • 44 % Say it's quiet

  • 39 % Say parking is easy

  • 39 % Say there's wildlife

Sourced by Trulia users. Learn more about our methodology.
  • Bob B.
    "The hidden gem of Long. Beach. A private island surrounded by water. Not crowded, very friendly and beautiful sunscapes over a sparkling sea! "
  • Bob B.
    "This is the only neighborhood that actually feels like you are living on a private island! Surrounded by water on all 3 sides. "
  • Susie
    "Getting off the peninsula in the summer months takes more time- other than that commute is great - I take Bayshore to get to 2nd then off to Anaheim for work "
  • tom_a
    "The single lane slows down traffic considerably. All drivers here are slow and you must always stop completely at the enforced stop signs. Police officers are constantly monitoring the neighborhood and will be driving at all hours "

LGBTQ Local Legal Protections

Apartments for Rent

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Homes for sale near 5587 E Ocean Blvd

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Off Market Homes Near 5587 E Ocean Blvd

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Frequently asked questions about 5587 E Ocean Blvd

  • What is 5587 E Ocean Blvd estimated to be worth?
    Trulia's estimated value for 5587 E Ocean Blvd in Long Beach, CA is $1,022,000.
  • What is the price history for 5587 E Ocean Blvd?
    5587 E Ocean Blvd in Long Beach, CA last sold for $500,000 in May 2000.
  • Is Long Beach a buyer's or seller's market?
    Long Beach is currently a seller's market, based on recent for-sale activity.
  • What's the median sale price in Long Beach?
    The median sale price in Long Beach is $818K. That is up $12.5K from the prior month.
  • Does 5587 E Ocean Blvd have laundry facilities?
    Yes, 5587 E Ocean Blvd in Long Beach, CA has laundry facilities.