Property Description

Appraised at $3.55M in 2024! 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.

Features
: Community Facility
Address Map
CA
Los Angeles
Long Beach
90802
1828 E 5th Street
0
W119° 49' 50.1''
N33° 46' 22''
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MLS Addon
eXp Realty of California, Inc.
Marina Morse
marinamotoki@gmail.com
CR372267596
CR129543937

Commercial Sale For Sale

1828 E 5th Street, Long Beach, California 90802

7,876 Sqft
$3,200,000
Listing ID #CRPTP2501516
Basic Details
Property Type : Commercial Sale
Listing Type : For Sale
Listing ID : CRPTP2501516
Price : $3,200,000
Square Footage : 7,876 Sqft
Year Built : 1953
Lot Area : 8,683 Sqft
Status : Active
Property SubType : Other
Agent info
Michael Roberts
Contact Agent