Amazing! Listing price reduced $340K. Well maintained Mediterranean 5 plex is just blocks to the beach. Popular rental residential area. All units are 2 BR/1BA. 4 units are 1242 sqft and the unit above the detached 4 single car garages is 854 sqft. As the owners upgraded units, they preserved many original, ornate features such as tile work, arched openings to dining rooms, coved ceilings and polished hardwood floors. Common area laundry room. Unit #3127 will remain not rented. With the actual current rents + 1 vacancy, the CAP rate is 4.8%. Potential upside is high for investors with building improvement in mind. Potential pro-forma rent total is $152,400 and NOI can be $127,089. Potentially 6.4% CAP rate and 13 GX. It is a fantastic investment opportunity.
Property Details
Price:
$1,650,000
MLS #:
PW26116533
Status:
Pending
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Apartment
Subdivision:
Bluff Park BLF
Neighborhood:
2belmontheightsalamitosheights
Listed Date:
May 30, 2026
Total Sq Ft:
5,822
Lot Size:
6,753 sqft / 0.16 acres (approx)
Year Built:
1930
See this Listing
Schools
Interior
Appliances
WHU
Cooling
NO
Flooring
LAM, WOOD
Heating
GAS
Interior Features
LAMC, UFRN
Laundry Features
AR
Levels
U
Exterior
Accessibility Features
NO
Architectural Style
MED
Common Walls
_2CW
Community Features
SDW, SL, BIKI
Construction Materials
STC
Direction Faces
S
Garage Spaces
4
Parking Spots
5
Parking Total
5
Roof
FLTR
Security Features
SD, COD
Spa Features
NO
View
NO
Financial
Maintenance Fee
$5,000
Map
Community
- Address3121 E 5th #5 Long Beach CA
- SubdivisionBluff Park (BLF)
- CityLong Beach
- CountyLos Angeles
- Zip Code90814
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 Jul 05, 2026
781
Single Family Listed
65
Avg DOM
483
Avg $ / SqFt
$1,137,581
Avg List Price
Property Summary
- Located in the Bluff Park (BLF) subdivision, 3121 E 5th #5 Long Beach CA is a Single Family for sale in Long Beach, CA, 90814. It is listed for $1,650,000 and features 0 beds, 0 baths, and has approximately 0 square feet of living space, and was originally constructed in 1930. The average price per square foot for Single Family listings in Long Beach is $483. The average listing price for Single Family in Long Beach is $1,137,581.
Similar Listings Nearby
Courtesy of Remco – A. R. E. & Mgmt. Co.. 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.3121 E 5th #5
Long Beach, CA