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1621 5th Street
Long Beach, CA 90802
Sold
8-UNIT BUILDING LESS THAN A MILE TO THE OCEAN in Alamitos Beach in Long Beach. You must drive by this 8-unit building of 2 bedrooms, and 2 baths each unit has its own balcony. Gated 12 parking spaces and a Laundry room on ground level with room to improve rents. All 8 units are separately metered for Gas and Electricity. Units each have a comfortable layout with a master suite with an ensuite full bath then a second bedroom and another full bath in the hall. is in a great pocket neighborhood on 5th St. Built in '87 Well-maintain building fully occupied and the owner has invested in remodeled with floors, paint, appliances, etc. Top floor 4 units have cathedral ceilings for a very open feel. Great location minutes from the beach, restaurants, grocery stores, Retro Row on 4th Street (between Cherry and Junipero), close to Cal State Long Beach, Long Beach Community College 710 & 605 freeways, and transportation. You will not find a better return for this condition of building. The building is virtually turn-key with an upside in rental income to boot! THE SELLER IS MOTIVATED AND ENTERTAINING ALL OFFERS!
PROPERTY INFORMATION
| MLS # | PW23204691 | Lot Size | 6,746 Sq. Ft. |
| HOA Fees | $0/Monthly | Property Type | Apartment |
| Price | $ 2,500,000
Price Per SqFt: $ 2,500,000 |
DOM | 553 Days |
| Address | 1621 5th Street | Type | Residential Income |
| City | Long Beach | Sq.Ft. | 1 Sq. Ft. |
| Postal Code | 90802 | Garage | 12 |
| County | Los Angeles | Year Built | 1986 |
| Bed / Bath | 14 / 0 | Parking | 12 |
| Built In | 1986 | Status | Closed |
| Sold Date | 2024-02-22 |
INTERIOR FEATURES
| Has Laundry | Yes |
| Laundry Information | Common Area |
| Has Heating | Yes |
| Heating Information | Wall Furnace |
| EntryLocation | . |
| Entry Level | 1 |
EXTERIOR FEATURES
| Has Pool | No |
| Pool | None |
WALKSCORE
Walk Score: 90 (Walker's Paradise)
Transit Score: 51 (Good Transit)MAP
MORTGAGE CALCULATOR
- Principal & Interest:
- Property Tax: $2,667
- Home Insurance:$119
- HOA Fees:$0
- Mortgage Insurance:
PRICE HISTORY
| Date | Event | Price |
| 02/22/2024 | Sold | $2,448,000 |
| 02/06/2024 | Active Under Contract | $2,500,000 |
| 11/27/2023 | Active Under Contract | $2,500,000 |
| 11/03/2023 | Listed | $2,500,000 |
Topfind Realty
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Listing provided courtesy of Monica Esquivel, West Shores Realty, Inc.. 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.
