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$2,350,000
New Listing

1048 E 5th Street
Long Beach, CA 90802

For Sale|Apartment|Active
0
Beds
0
Total Baths
11,338
SqFt
$207
/SqFt
1915
Built
Subdivision:
Alamitos Beach (AB)
County:
Los Angeles
Listed by JENNIFER MENDOZA of EXP REALTY OF CALIFORNIA INC [email protected]

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(562) 754-5037
1048 E 5th Street1048 E 5th Street1048 E 5th Street1048 E 5th Street
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***Immediate Income Opportunity***Value-add 6-unit in Long Beach with enough land for additional units + parking. Fully renovated, strong cash flow, and ready for a developers expansion plans. High upside via development or hold. Rare Long Beach opportunity: a fully stabilized 6-unit multifamily income property (5 of 6 units recently renovated, 6th unit has been updated) offered with garage parking for 5 spaces. Located near freeway access, top Long Beach dining and shopping corridors, and waterfront attractions. Excellent for investors seeking both strong cash flow and development upside. [CROSS POSTED MLS# IV25264295]

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Listing Snapshot
Price 
$2,350,000
Days On Site 
0 Days
Bedrooms 
N/A
Inside Area (SqFt) 
11,338 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.3414 Acres
Year Built 
1915
MLS® Number 
IV25271614
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
23 hours agoListing first seen on site
23 hours agoListing updated with changes from the MLS®
General Features
Acres 
0.3414
Garage 
Yes
Garage Spaces 
5
Land Lease 
No
Number Of Stories 
2
Parking 
GarageOn Street
Parking Spaces 
5
Property Sub Type 
Apartment
Sewer 
Public Sewer
Special Circumstances 
Standard
SqFt Total 
11338
Water Source 
Public
Interior Features
Laundry Features 
Washer HookupElectric Dryer Hookup
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Exterior Features
Pool Features 
None
Community Features
Building Access 
/
Community Features 
Sidewalks
Financing Terms Available 
CashConventionalOwner May CarrySubmit1031 Exchange
MLS Area 
4 - Downtown Area, Alamitos Beach


This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
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