1048 E 5th Street, Long Beach, CA 90802
Local realty services provided by:Better Homes and Gardens Real Estate Oak Valley
1048 E 5th Street,Long Beach, CA 90802
$2,350,000
- - Beds
- - Baths
- 4,450 sq. ft.
- Multi-family
- Active
Listed by: jennifer mendoza
Office: exp realty of california inc888-584-9427
MLS#:IV25271614
Source:CRMLS
Price summary
- Price:$2,350,000
- Price per sq. ft.:$528.09
About this home
***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]
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Home facts
- Year built:1915
- Listing ID #:IV25271614
- Added:172 day(s) ago
- Updated:May 27, 2026 at 10:44 AM
Rooms and interior
- Living area:4,450 sq. ft.
Structure and exterior
- Year built:1915
- Building area:4,450 sq. ft.
- Lot area:0.34 Acres
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$2,350,000
- Price per sq. ft.:$528.09
Parking
- Total parking spaces:5
- Parking description:Door-Single, Garage, Public
- Garage:Yes
- Garage spaces:5
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