1049 5th, Long Beach CA 90802 | $3,525,000

  • 0 bedrooms
  • 0 bathrooms
  • 0 Sq Ft
  • 8756 Lot Sq Ft
  • Type: Commercial/Residential
  • Stories: 2
  • Year Built: 1925
  • MLS#: PW23229190
  • Community: 4 - Downtown Area, Alamitos Beach

Listing provided courtesy of Robert Stepp of Keller Williams - Santa Monica. Last updated 2024-11-29 09:11:24.000000. Listing information © 2024 SANDICOR.

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.

More Details

0.2 Acres
2 Stories

David Piper

Call or Text: 858-525-5007

DRE# 02021985