1828 E 5th ST Active Save Request In-Person Tour Request Virtual Tour
Long Beach,CA 90802
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID PTP2501516
Year Built 1953
Lot Size 8,681 Sqft
Property Description
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.
Location
State CA
County Los Angeles
Area 197 - Long Beach
Zoning LBR1N
Interior
Laundry Common Area
Exterior
Garage Spaces 5.0
Garage Description 5.0
Pool None
Community Features Biking,Sidewalks,Urban
View Y/N No
Building
Lot Description 6-10 Units/Acre
Story 2
Sewer Public Sewer
New Construction No
Others
Acceptable Financing Cash,Conventional,1031 Exchange
Listing Terms Cash,Conventional,1031 Exchange
Special Listing Condition Probate Listing