Active

1828 E 5 th Street

Long Beach CA, 90802

$3,690,000


$468.51 per sqft

Active

7,876 sqft

Commercial

Built in 1953

Listed by Marina Morse with eXp Realty of California, Inc. 619-731-9779

Don't miss this exceptional 10-unit multifamily investment opportunity in the heart of Long Beach. This fully renovated property boasts a 100% occupancy rate and offers a diverse unit mix: (1) x 3 Bed, 2 Bath + Yard, (2) x 2 Bed, 1 Bath, (7) x 1 Bed, 1 Bath. All units were remodeled in 2019, featuring stainless steel appliances, laminate and tile flooring, and modern finishes throughout. The property offers a total of 7,876 sq ft and 5 car garages. Located in a desirable area of Long Beach with easy access to local shops, dining, and the beach, this turnkey property is perfect for investors seeking immediate cash flow and long-term growth. Whether you're a seasoned investor or new to multifamily properties, this property offers both stability and potential.

PTP2501489

MLS ID

February 27, 2025

Listed

March 2, 2025

Updated

Interior Features

Total Stories

2


Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Lot Size

8,683 Acres


Lot Features

6-10 Units/Acre

Other Property Details

Area Name

197 - Long Beach


Days on Market

1


Garage

No


Parking Total

0


View

No


County

Los Angeles


Zoning

LBR1N

Listing Contact: 888-584-9427 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 3/2/2025. 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. 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. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2025 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 3/2/2025 at 1:21 PM UTC

 

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