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1049 5th Street
Long Beach, CA 90802
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.
PROPERTY INFORMATION
| MLS # | PW23229190 | Lot Size | 8,756 Sq. Ft. |
| HOA Fees | $0/Monthly | Property Type | Commercial/Residential |
| Price | $ 3,525,000
Price Per SqFt: $ 463 |
DOM | 504 Days |
| Address | 1049 5th Street | Type | Residential Income |
| City | Long Beach | Sq.Ft. | 7,607 Sq. Ft. |
| Postal Code | 90802 | Garage | 4 |
| County | Los Angeles | Year Built | 1925 |
| Bed / Bath | 1 / 0 | Parking | 4 |
| Built In | 1925 | Status | Active |
INTERIOR FEATURES
| Has Laundry | Yes |
| Laundry Information | Individual Room |
| EntryLocation | 1 |
| Entry Level | 1 |
EXTERIOR FEATURES
| Has Pool | No |
| Pool | None |
WALKSCORE
MAP
MORTGAGE CALCULATOR
- Principal & Interest:
- Property Tax: $3,760
- Home Insurance:$119
- HOA Fees:$0
- Mortgage Insurance:
PRICE HISTORY
| Date | Event | Price |
| 12/22/2023 | Listed | $3,525,000 |
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Listing provided courtesy of Robert Stepp, Keller Williams - Santa Monica. Based on information from California Regional Multiple Listing Service, Inc. as of #Date#. 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.
