$1,395,000 - 1001 E 5th Street, Long Beach

  • 0Beds
  • Baths
  • 3,544SQ. Feet
  • 0.14Acres

1001 E 5th Street presents a strong opportunity for a purchaser to follow the lead of the current ownership in a newly-renovated asset located in the North Alamitos Beach neighborhood of Long Beach. As upgrades have resulted in a large increase in income, a new investor can follow this strategy to continue adding value, raise revenue and improve operating efficiency. * 5 Units Over 2 Buildings * Built In 1929 * Two 2 Bedroom + 1 Bathroom Units, Three 1 Bedroom + 1 Bathroom Units * 3,544 Gross Square Feet * Average Unit Size of 709 Square Feet * 6,166 Square Foot Lot (0.14 Acres) * 4 Garages * Laundry On-Site * Gated Access to Property * Patio Areas * LBR3S Zoning

Sales Agent

Sam SmithBeach Cities Real EstatePhone: 562-355-8228 Cell: 562-355-8228 Contact Agent Now

Essential Information

  • MLS® #:19431136
  • Price:$1,395,000
  • Bathrooms:0.00
  • Square Footage:3,544
  • Acres:0.14
  • Year Built:1929
  • Type:Residential Income
  • Status:Active

Community Information

  • Address:1001 E 5th Street
  • Area:Downtown Area, Alamitos Beach (4)
  • City:Long Beach
  • County:Los Angeles
  • State:CA
  • Zip Code:90802

Interior

  • Cooling:See Remarks
  • # of Stories:1

Additional Information

  • Date Listed:February 4th, 2019
  • Days on Market:105
  • Zoning:LBR3S

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Provided By: David Harrington(01320460), Matthews Real Estate Investmen.

Based on information from California Regional Multiple Listing Service, Inc. as of May 21st, 2019 at 5:22am CDT. 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, 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.