1828 E 5th Street

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1828 E 5th Street

Long Beach, CA90802

| 7876 sqft | MLS# PTP2501516

Tract:

For Sale $3,200,000

Monica Ruggieri

Monica Ruggieri

AGENT | CAL BRE# 01828186


949.300.8600 |

Description

Appraised at $3.55M in 2024! Don’t miss this exceptional 10-unit multifamily investment opportunity in the heart of Long Beach. This fully renovated property boasts a 100% occupancy rate and offers a diverse unit mix: (1) x 3 Bed, 2 Bath + Yard, (2) x 2 Bed, 1 Bath, (7) x 1 Bed, 1 Bath. All units were remodeled in 2019, featuring stainless steel appliances, laminate and tile flooring, and modern finishes throughout. The property offers a total of 7,876 sq ft and 5 car garages. Located in a desirable area of Long Beach with easy access to local shops, dining, and the beach, this turnkey property is perfect for investors seeking immediate cash flow and long-term growth. Whether you're a seasoned investor or new to multifamily properties, this property offers both stability and potential.

Facts

| Built in 1953 | Lot Size: 8683.00 sqft | HOA Dues: $0/month

Features

Listing provided by Marina Morse, eXp Realty of California, Inc.

Based on information from California Regional Multiple Listing Service, Inc. as of April 3, 2025. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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