1049 E 5TH STREET, LONG BEACH CA 90802

  • 7,607 sq.ft.
  • 8,756 sq.ft. lot
offered at $3,525,000
MLS#:PW23229190
Status: Active // Property Type:
Project/Tract: Alamitos Beach (AB) // County: Los Angeles // Year Built: 1925

Property 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.

Listing Courtesy of Robert Stepp, Keller Williams - Santa Monica

Exterior Features

Exterior Features: Sidewalks
FOR MORE INFORMATION, PLEASE CONTACT AGENT:
  • raj qsar
    CEO | Owner |
    CalBRE# 01744847
    • cell 714.412.5019
    • office 949.612.2535
    email Raj

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