21
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$2,350,000
Est. payment /mo
Active
1048 E 5th ST Long Beach, CA 90802
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Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID IV25264295
HOA Y/N No
Year Built 1915
Property Sub-Type Multi Family
Property Description
***Immediate Income Opportunity***Value-add 6-unit in Long Beach with enough land for additional units + parking. Fully renovated, strong cash flow, and ready for a developers expansion plans. High upside via development or hold. Rare Long Beach opportunity: a fully stabilized 6-unit multifamily income property (5 of 6 units recently renovated, 6th unit has been updated) offered with garage parking for 5 spaces. Located near freeway access, top Long Beach dining and shopping corridors, and waterfront attractions. Excellent for investors seeking both strong cash flow and development upside. [CROSS POSTED - MLS # IV25271614]
Location
State CA
County Los Angeles
Area 4 - Downtown Area, Alamitos Beach
Interior
Fireplace No
Laundry Washer Hookup, Electric Dryer Hookup
Building
Story 2
Water Public
Others
Tax ID 7266009015
Acceptable Financing Cash, Conventional, 1031 Exchange, Owner May Carry, Submit
Listing Terms Cash, Conventional, 1031 Exchange, Owner May Carry, Submit
Special Listing Condition Standard
Listed by JENNIFER MENDOZA EXP REALTY OF CALIFORNIA INC agentjennifermendoza@gmail.com
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