$3,525,000
Active
30 Days Online
0 Beds0 Baths7,607 SQFT
Active

1049 E 5th Street Long Beach, CA 90802

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1049 E. 5th Street is a 16-unit, apartment building located in North Alamitos Beach. The property is priced at 5.44% cap rate and 11.87 GRM at current rents. The property is comprised of nine (9) 1 BD / 1 BA units and seven (7) studio units. The majority of units have hardwood floors, and the first-floor units offer private patios. Onsite laundry, garages and storage spaces provide additional income, and the four (4) garages also have the ability to be converted to ADUs.

  • Property TypeMulti-Family
  • NeighborhoodAlamitos Beach (Ab)
  • CountyLos Angeles
  • Taxes$0
  • HOA/Condo/Coop Fees$0
  • Days on Site29 Days
  • MLS StatusActive
  • MLS ID NumberPW23229190
  • Home Size Source N/A
  • Year Built1925
  • Lot Size0.201 Acres
  • Full BathsN/A
  • Partial BathsN/A

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General Features

  • Parking Spaces 4
  • Sewer Public Sewer
  • Number of Stories 22
  • Acreage 0.201
  • Water Public
  • Garage Spaces 4
  • Zoning LBR3S
  • Listing Conditions Standard

Interior Features

  • Laundry Features Individual Room

Exterior Features

  • Pool Features None
  • Lot 16-20 Units/ Acre

Community Features

  • Community Features Sidewalks
  • Senior Community No
  • MLS Area 4 - Downtown Area, Alamitos Beach

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Monthly Payment (Est.)

$17,071
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