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Listed by JENNIFER MENDOZA • EXP REALTY OF CALIFORNIA INC
$ 2,350,000
Est. payment /mo
New
1048 E 5th ST Long Beach, CA 90802
0.34 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRIV25271614
Year Built 1915
Lot Size 0.341 Acres
Source California Regional MLS
Property Description
***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]
Location
State CA
County Los Angeles
Area 4 - Downtown Area, Alamitos Beach
Interior
Laundry 30, 9
Exterior
Parking Features Garage, Common Parking - Public
Garage Spaces 5.0
Pool None
Building
Water District - Public
Others
Tax ID 7266009015
Special Listing Condition Not Applicable
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