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.
Property Details
Price:
$3,200,000
MLS #:
PTP2501516
Status:
Active
Baths:
0
Address:
1828 E 5th Street
Type:
Residential Income
Neighborhood:
197longbeach
City:
Long Beach
Listed Date:
Feb 23, 2025
State:
CA
ZIP:
90802
Lot Size:
8,683 sqft / 0.20 acres (approx)
Year Built:
1953
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Schools
Interior
Exterior
Community Features
Sidewalks, Urban, Biking
Garage Spaces
5.00
Lot Features
6-10 Units/ Acre
Parking Spots
5.00
Pool Features
None
Sewer
Public Sewer
Stories Total
2
Financial
Association Fee
0.00
Map
Community
- Address1828 E 5th Street Long Beach CA
- Area197 – Long Beach
- CityLong Beach
- CountyLos Angeles
- Zip Code90802
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1828 E 5th Street
Long Beach, CA
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