Long Beach, CA 90802,1048 E 5th ST
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Long Beach, CA 90802,1048 E 5th ST
Long Beach, CA 90802,1048 E 5th ST
Long Beach, CA 90802,1048 E 5th ST
Long Beach, CA 90802,1048 E 5th ST
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Julieanne Phan

Julieanne Phan

+1(714) 655-1434
$ 2,350,000
Est. payment /mo
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Active

1048 E 5th ST Long Beach, CA 90802

0.34 Acres Lot

UPDATED:

Key Details

Property Type Apartment

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

Subdivision Alamitos Beach (Ab)

MLS Listing ID IV25271614

HOA Y/N No

Year Built 1915

Lot Size 0.341 Acres

Property Sub-Type Apartment

Property Description

***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]

Location

State CA

County Los Angeles

Area 4 - Downtown Area, Alamitos Beach

Interior

Fireplace No

Laundry Washer Hookup, Electric Dryer Hookup

Exterior

Parking Features Door-Single, Garage, Public

Garage Spaces 5.0

Garage Description 5.0

Pool None

Community Features Sidewalks, Urban

Total Parking Spaces 5

Private Pool No

Building

Story 2

Sewer Public Sewer

Water Public

New Construction No

Others

Senior Community No

Tax ID 7266009015

Acceptable Financing Cash, Conventional, 1031 Exchange, Owner May Carry, Submit

Listing Terms Cash, Conventional, 1031 Exchange, Owner May Carry, Submit

Special Listing Condition Standard

CRMLS – RECore
Listed by JENNIFER MENDOZA EXP REALTY OF CALIFORNIA INC agentjennifermendoza@gmail.com
SCHOOLSPROPERTIES
Elementary Schools 20
  • 9

    Fremont Elementary School

    Public | KG - 5

  • 8

    Signal Hill Elementary School

    Public | KG - 5

  • 8

    Alvarado Elementary School

    Public | KG - 5

  • 7

    Muir Academy

    Public | KG - 8

  • 7

    Chavez Elementary School

    Public | KG - 5

  • 7

    Birney Elementary School

    Public | KG - 5

  • 7

    Lafayette Elementary School

    Public | KG - 5

  • 7

    Robert Louis Stevenson Elementary School

    Public | KG - 5

  • 7

    Lincoln Elementary School

    Public | KG - 5

  • 6

    Garfield Elementary School

    Public | KG - 5

  • 6

    Robinson K - 8 Academy

    Public | KG - 8

  • 6

    Roosevelt Elementary School

    Public | KG - 5

  • 6

    Mann Elementary School

    Public | KG - 5

  • 6

    Bryant Elementary School

    Public | KG - 5

  • 5

    Elizabeth Beth Hudson K - 8 School

    Public | KG - 8

  • 5

    Daniel Webster Elementary School

    Public | KG - 5

  • 5

    Oropeza Elementary School

    Public | KG - 5

  • 5

    Smith Elementary School

    Public | KG - 5

  • 5

    Burbank Elementary School

    Public | KG - 5

  • 5

    Nieto Herrera Elementary School

    Public | KG - 5

Middle Schools 8
  • 6

    Franklin Classical Middle School

    Public | 6 - 8

  • 6

    Jessie E. Nelson Academy

    Public | 6 - 8

  • 5

    Stephens Middle School

    Public | 6 - 8

  • 5

    Washington Middle School

    Public | 6 - 8

  • 5

    Jefferson Leadership Academies

    Public | 6 - 8

  • 0

    Regency High School

    Private | 7 - 12

  • 0

    Zinsmeyer Academy

    Private | 8 - 12

  • 0

    Select Community Day (Secondary)

    Public | 7 - 12

High Schools 9
  • 7

    Renaissance High School for the Arts

    Public | 9 - 12

  • 7

    Wilson High School

    Public | 9 - 12

  • 6

    Polytechnic High School

    Public | 9 - 12

  • 1

    Cabrillo High School

    Public | 9 - 12

  • 1

    Beach High-Intensive Learning Program

    Public | 9 - 12

  • 0

    Reid High School

    Public | 11 - 12

  • 0

    Educational Partnership High School

    Public | 9 - 12

  • 0

    St Anthony High School

    Private | 9 - 12

  • 0

    Long Beach Unified School District Regional Occupational Program

    Public | 10 - 12

School and business data provided by Attom Data.
Julieanne Phan

Julieanne Phan

Broker

+1(714) 655-1434

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1048 E 5th ST