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737 E 5th Street

Long Beach, CA 90802

– beds
– baths
– sqft
7,468 sqft lot
1964 build
– on site

We are pleased to present a very well maintained 14- unit apartment in a fantastic East Village location. The building was built in 1964 and features 4 one-bedroom units, 4 two-bedroom units, and 6 two-bedroom two bath units. Current ownership has taken extremely good care of these buildings and over the years has replumbed the building, upgraded the electrical, installed new windows, installed a new roof and in general created a turnkey asset or a new investor. The current rents are slightly below market allowing a new owner to raise rents without turnover.

Listed By CRMLS_CA / Kevin King / Marcus & Millichap / kking@marcusmillichap.com

Last checked: Checking… • Last updated Nov 9, 2024 •

MLS# PW24229677 —

The Building

Year Built:

1964
Year Built Source:

Assessor
New Construction:

No
Entry Level:

1
Common Walls:

2+ Common Walls
Building Area Total:

12412.00
Building Area Units:

Square Feet
# of Buildings:

1
Total Number Of Units:

14
Stories Total:

3
# of Separate Gas Meters:

14
# of Separate Water Meters:

1
# of Separate Electric Meters:

14

Interior

Levels:

Two, Three Or More
Entry Location:

Front
Laundry:

Community
Laundry:

1

Location

Directions:

5th St. & Marrietta Ct.
Latitude:

33.77324000
Longitude:

-118.18276600

The Property

Property Type:

Residential Income
Subtype:

Apartment
Zoning:

LBPD30
Lot Features:

11-15 Units/Acre
Lot Size Area:

7468.0000
Lot Size Acres:

0.1714
Lot Size SqFt:

7468.00
Lot Size Source:

Assessor
Property Attached:

1
Additional Parcels:

No
Land Lease:

No

Listing Agent

Contact info:

Taxes

Tax Block:

50
Tax Census Tract:

5762.00
Tax Tract:

5762
Tax Lot:

26

The Listing

Special Listing Conditions:

Standard
Parcel Number:

7281003019

Heating & Cooling

Heating:

1
Heating:

Natural Gas

Utilities

Sewer:

Public Sewer, Septic Type Unknown
Water Source:

Public

The Community

Senior Community:

No
Neighborhood:

East Village
Features:

Curbs, Sidewalks
Pool:

None
Private Pool:

No

Parking

Parking Spaces:

7.00
Garage Spaces:

7.00

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

Sale history

Date	Event	Source	Price	% Change
11/7/24 Nov 7, 2024	Listed / Active	CRMLS_CA	$4,500,000

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This multifamily located in Downtown Long Beach, Long Beach, CA 90802 is currently for sale for $4,500,000. 737 E 5th Street is a – square foot multifamily with – beds and – baths that has been on Estately for 8 days. 737 E 5th Street is in the Downtown Long Beach neighborhood of Long Beach and has a WalkScore® of 96, making it a walker’s paradise. This multifamily is in the attendance area of Polytechnic High School, Franklin Classical Middle School, and Stevenson Elementary School.

Listing Courtesy of: CRMLS_CA and Marcus & Millichap. Based on information from California Regional Multiple Listing Service, Inc. as of 23:59 on Nov 14.

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.