20
See all 20 photos
$2,350,000
Est. payment /mo
6 Beds
0.34 Acres Lot
New
1048 E 5th Street Long Beach, CA 90802
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Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
Subdivision Alamitos Beach (Ab)
MLS Listing ID IV25271614
Bedrooms 6
Lot Size 0.341 Acres
Property Sub-Type Res Income 2-4 Units
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
Zoning See Remark
Direction Alamitos and 5th
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Senior Community No
Tax ID 7266009015
Acceptable Financing Cash, Conventional, Exchange, Seller May Carry
Listing Terms Cash, Conventional, Exchange, Seller May Carry
Listed by JENNIFER MENDOZA EXP REALTY OF CALIFORNIA INC
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