***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]
Property Details
Price:
$2,350,000
MLS #:
IV25271614
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Apartment
Subdivision:
Alamitos Beach AB
Neighborhood:
4downtownareaalamitosbeach
Listed Date:
Dec 11, 2025
Total Sq Ft:
4,450
Lot Size:
14,871 sqft / 0.34 acres (approx)
Year Built:
1915
See this Listing
Schools
Interior
Laundry Features
ELC, WH
Exterior
Community Features
SDW, URB
Parking Spots
5
Financial
Map
Community
- Address1048 E 5th ST Long Beach CA
- SubdivisionAlamitos Beach (AB)
- CityLong Beach
- CountyLos Angeles
- Zip Code90802
Subdivisions in Long Beach
- Ackerfield Condos AC
- Alamitos Beach AB
- Alamitos Heights AH
- Artcraft Manor AM
- Atlantic Plaza APZ
- Bay Harbour BYH
- Belmont Heights BH
- Belmont Shore BSD
- Belmont Shore Condos BSC
- Bixby Highlands BXH
- Bixby Hill BBH
- Bixby Knolls BK
- Bixby Terrace BBT
- Bixby Terrace BT
- Bixby Village BV
- Bluff Park BLF
- California Heights CH
- Carson Park/Long Beach CLB
- Cherry Manor CM
- Circle CA
- College Park CPZ
- Cooper Arms CPA
- Country Club Gardens CCG
- Country Club Villa CCV
- Country Square CSQ
- Crest Gardens CRST
- Crown Pointe CPT
- Del Lago DL
- Downtown DT
- Eastside ES
- Eldorado ELD
- International Towers ITT
- Island Village ISV
- Junipero Gardens JPG
- Kensington Green KG
- La Marina Estates LME
- Lafayette Building LF
- Lakewood Village LKVL
- Lakewood Village LVD
- Lindenwood LWD
- Los Altos/North of Fwy LNF
- Los Altos/South of Fwy LSF
- Los Cerritos LC
- Lynn Manor LNM
- Marina Pacifica MRP
- Mobile Estates ME
- Naples NA
- New Bixby NB
- North Long Beach NLB
- Ocean House OCH
- Park Estates PE
- Park Ocean PO
- Peninsula PI
- Plaza North of Spring PZN
- Poly High PH
- Queens Surf QS
- Queens View Condos QVC
- Rancho RNC
- Ridgewood Heights RH
- Royal Palms RP
- Saint Regis SRG
- Signal Hill SH
- Signal View SGV
- South of Conant Northeast SNE
- South of Conant Southeast SSE
- South of Conant Southwest SSW
- Spinnaker Bay SY
- Stoney Brook Villas ST
- The Galaxy Towers TGT
- The Lakes TLK
- Versailles VRS
- Villa Riviera VLR
- Westside/North of Willow WNW
- Westside/South of Willow WSW
- Willmore District WM
- Willow Ridge WD
- Wrigley Area WR
- Wrigley Heights WH
- X-100s X1
Market Summary
Current real estate data for Single Family in Long Beach as of Jan 11, 2026
332
Single Family Listed
42
Avg DOM
422
Avg $ / SqFt
$949,904
Avg List Price
Property Summary
- Located in the Alamitos Beach (AB) subdivision, 1048 E 5th ST Long Beach CA is a Single Family for sale in Long Beach, CA, 90802. It is listed for $2,350,000 and features 0 beds, 0 baths, and has approximately 0 square feet of living space, and was originally constructed in 1915. The average price per square foot for Single Family listings in Long Beach is $422. The average listing price for Single Family in Long Beach is $949,904.
Similar Listings Nearby
Courtesy of EXP REALTY OF CALIFORNIA INC. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. California Regional Multiple Listing Service. All rights reserved.1048 E 5th ST
Long Beach, CA