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1049 E 5th Street

Long Beach, CA 90802

– beds
– baths
– sqft
8,756 sqft lot
1925 build
– on site

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.

Listed By CRMLS_CA / Robert Stepp / Keller Williams - Santa Monica / 310-463-2916

Last checked: Checking… • Last updated Aug 31, 2024 •

MLS# PW23229190 —

The Building

Year Built:

1925
Year Built Source:

Assessor
New Construction:

No
Building Area Total:

7607.00
Building Area Units:

Square Feet
Total Number Of Units:

16
# of Buildings:

1
Stories Total:

2
Entry Level:

1
Common Walls:

2+ Common Walls
# of Separate Gas Meters:

16
# of Separate Water Meters:

1
# of Separate Electric Meters:

16

Interior

Levels:

Two
Entry Location:

1
Laundry:

Individual Room
Laundry:

1

Location

Directions:

E 7th St
Latitude:

33.77328000
Longitude:

-118.17860800

The Property

Property Type:

Residential Income
Subtype:

Commercial/Residential
Zoning:

LBR3S
Lot Features:

16-20 Units/Acre
Lot Size Area:

8756.0000
Lot Size Acres:

0.2010
Lot Size SqFt:

8756.00
Lot Size Source:

Assessor
Property Attached:

1
Additional Parcels:

No
Land Lease:

No

Listing Agent

Contact info:

Taxes

Tax Census Tract:

5765.01
Tax Tract:

5765
Tax Lot:

3

The Listing

Special Listing Conditions:

Standard
Parcel Number:

7266007032

Utilities

Sewer:

Public Sewer
Water Source:

Public

The Community

Subdivision:

Alamitos Beach (AB)
Subdivision:

Alamitos Beach (AB)
Features:

Sidewalks
Pool:

None
Senior Community:

No
Private Pool:

No

Parking

Parking Spaces:

4.00
Garage Spaces:

4.00

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Max Internet Speed

Frontier

Provided by BroadbandNow®

Sale history

Date	Event	Source	Price	% Change
12/22/23 Dec 22, 2023	Listed / Active	CRMLS_CA	$3,525,000
10/13/22 Oct 13, 2022	Listed / Active	CRMLS_CA

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This multifamily located in North Alamitos Beach, Long Beach, CA 90802 is currently for sale for $3,525,000. 1049 E 5th Street is a – square foot multifamily with – beds and – baths that has been on Estately for 366 days. 1049 E 5th Street is in the North Alamitos Beach neighborhood of Long Beach and has a WalkScore® of 92, making it a walker’s paradise. This multifamily is in the attendance area of Stevenson Elementary School, Polytechnic High School, and Franklin Classical Middle School.

Listing Courtesy of: CRMLS_CA and Keller Williams - Santa Monica. Based on information from California Regional Multiple Listing Service, Inc. as of 10:21 on Dec 22.

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.