1049 E 5Th Street
Long Beach, CA 90802
Active for $3,525,000
Beds: N/A Baths: N/A Structure Size: N/A sqft Lot Size: 8,756 sqft
| MLS | PW23229190 |
| Year Built | 1925 |
| Property Type | Mixed Use |
| County | Los Angeles |
| Status | Active |
| Active | $3,525,000 |
| Structure Size | N/A sqft |
| Lot Size | 8,756 sqft |
| Beds | N/A |
| Baths | N/A |
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 information courtesy of: Robert Stepp, Keller Williams - Santa Monica . *Based on information from the Association of REALTORS/Multiple Listing as of 11/22/2024 and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Location
Contact a Local Realtor®
Howard Haber
REALTOR®
Direct: 818.522.5271
Email: Email Me
DRE: 01520629
DRE #01873088
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