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For sale
  • Listing Provided by: 

    Marina Morse DRE #02195871 888-584-9427,

    eXp Realty of California, Inc.,

    Dane Crosby DRE #02055293 619-595-1757,

    eXp Realty of California, Inc.

    Price cut: $490K (3/21)
    $3,200,000

    1828 E 5th St, Long Beach, CA 90802

    --beds
    --baths
    7,876sqft
    : 
    Multi Family
    Built in 1953
    -- sqft lot
    $3,071,100 Zestimate®
    $406/sqft
    $-- HOA

    What's special

    Modern finishesStainless steel appliancesLaminate and tile flooring
    Appraised at $3.55M in 2024! 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.
    54 days
    on Zillow
    |
    85
    |
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    Zillow last checked: 7 hours ago

    Listing updated: April 03, 2025 at 01:28pm

    Listing Provided by:

    Marina Morse DRE #02195871 888-584-9427,

    eXp Realty of California, Inc.,

    Dane Crosby DRE #02055293 619-595-1757,

    eXp Realty of California, Inc.

    Source: CRMLS,MLS#: PTP2501516MLS LogoOriginating MLS: California Regional MLS (North San Diego County & Pacific Southwest AORs)
    Travel times

    Tour with a buyer’s agent

    We’ll find a local expert to take you on a private tour of 1828 E 5th St.

    Next available tour time:Today at 11am

    Facts & features

    Interior

    Appliances
    • Laundry: Common Area
    Features
    • Has fireplace: No
    • Common walls with other units/homes: 2+ Common Walls
    Interior area
    • Total structure area: 7,876
    • Total interior livable area: 7,876 sqft
    Video & virtual tour

    Property

    Parking
    • Total spaces: 5
    • Parking features: Garage
    • Garage spaces: 5
    Features
    • Entry location: front
    • Pool features: None
    Lot
    • Size: 8,683 Square Feet
    • Features: 6-10 Units/Acre
    Details
    • Parcel number: 7266026026
    • Zoning: LBR1N
    • Special conditions: Probate Listing

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    • Attached to another structure: Yes
    Condition
    • New construction: No
    • Year built: 1953

    Utilities & green energy

    • Sewer: Public Sewer

    Community & HOA

    Community
    • Features: Biking, Sidewalks, Urban
    Location
    • Region: Long Beach

    Financial & listing details

    • Price per square foot: $406/sqft
    • Date on market: 2/28/2025
    • Listing terms: Cash,Conventional,1031 Exchange
    • Total actual rent: 211000
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