For Sale
1049 E 5th Street, Long Beach, CA 90802
Overview
Property ID: SGR-20319097
- Residential Income
- 4.00
- 1925
Description
1049 E. 5th Street is a 16-unit, apartment building located in North Alamitos Beach. The property is priced at 5.44% cap rate and 11.87 GRM at current rents. The property is comprised of nine (9) 1 BD / 1 BA units and seven (7) studio units. The majority of units have hardwood floors, and the first-floor units offer private patios. Onsite laundry, garages and storage spaces provide additional income, and the four (4) garages also have the ability to be converted to ADUs.
Address
Open on Google Maps- Address 1049 E 5th Street
- City Long Beach
- State/county CA
- Zip/Postal Code 90802
- Area 4 - Downtown Area, Alamitos Beach
- Country United States
Details
Updated on December 23, 2023 at 1:45 am- Property ID: SGR-20319097
- Price: $3,525,000
- Land Area: 8756.00 m²
- Garages: 4.00
- Year Built: 1925
- Property Type: Residential Income
- Property Status: For Sale
- Living Area: 7607.00
- MLS#: PW23229190
- Office Name: KELLER WILLIAMS - SANTA MONICA
- Agent Name: Robert Stepp
- MLS Status: Active
- Living Area Prefix: Sqft
- Agent State License: 01456379
Additional details
- Sewer: Public Sewer
- County: Los Angeles
- Property SubType: Commercial/Residential
- Parking: 4.00
- Water Source: Public
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