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Listed by Marina Morse • eXp Realty of California, Inc.
$ 3,200,000
Est. payment /mo
Price Dropped by $490K
1828 E 5th ST Long Beach, CA 90802
8,683 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRPTP2501516
Originating Board California Regional MLS
Year Built 1953
Lot Size 8,683 Sqft
Property Description
Appraised at $3.55M in 2024! Don't miss this exceptional 10-unit multifamily investment opportunity in the heart of Long Beach. This fully renovated property boasts a 100% occupancy rate and offers a diverse unit mix: (1) x 3 Bed, 2 Bath + Yard, (2) x 2 Bed, 1 Bath, (7) x 1 Bed, 1 Bath. All units were remodeled in 2019, featuring stainless steel appliances, laminate and tile flooring, and modern finishes throughout. The property offers a total of 7,876 sq ft and 5 car garages. Located in a desirable area of Long Beach with easy access to local shops, dining, and the beach, this turnkey property is perfect for investors seeking immediate cash flow and long-term growth. Whether you're a seasoned investor or new to multifamily properties, this property offers both stability and potential.
Location
State CA
County Los Angeles
Area 197 - Long Beach
Interior
Laundry Community Facility
Exterior
Garage Spaces 5.0
Pool None
Others
Tax ID 7266026026
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