$3,525,000 - 1049 5th Street, Long Beach
- 1Beds
- 2Baths
- 0SQ. Feet
- 0.20Acres
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.
Sales Agent
Sam SmithBeach Cities Real EstatePhone: 562-355-8228 Cell: 562-355-8228 Contact Agent NowEssential Information
- MLS® #:PW23229190
- Price:$3,525,000
- Bedrooms:1
- Bathrooms:2.00
- Acres:0.20
- Year Built:1925
- Type:Residential Income
- Sub-Type:Mixed Use
- Status:Active
- Listing Agent:Robert Stepp
- Listing Office:Keller Williams - Santa Monica
Community Information
- Address:1049 5th Street
- Area:4 - Downtown Area, Alamitos Beach
- Subdivision:Alamitos Beach (AB)
- City:Long Beach
- County:Los Angeles
- Zip Code:90802
Amenities
- Parking Spaces:4
- # of Garages:4
- Pool:None
Interior
- # of Stories:2
- Stories:Two
Exterior
- Lot Description:16-20 Units/Acre
Additional Information
- Date Listed:December 21st, 2023
- Days on Market:131
- Zoning:LBR3S
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Back to ResultsAlamitos Beach (ab)
- City:
- Long Beach
- Price Range:
- $960,000 - $7,100,000
- Current Listings:
- 27
- HOA Dues:
- $0
- Average Price per Square Foot:
- $
Based on information from California Regional Multiple Listing Service, Inc. as of May 1st, 2024 at 11:55pm 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.