$4,500,000
737 E 5th Street
Long Beach, CA, 90802
Property Description
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.
Property Details
Price:
$4,500,000
MLS #:
PW24229677
Status:
Active
Baths:
0
Address:
737 E 5th Street
Type:
Residential Income
Subtype:
Apartment
Neighborhood:
699notdefined
City:
Long Beach
Listed Date:
Nov 7, 2024
State:
CA
ZIP:
90802
Lot Size:
7,468 sqft / 0.17 acres (approx)
Year Built:
1964
Schools
Interior
Heating
Natural Gas
Exterior
Community Features
Curbs, Sidewalks
Garage Spaces
7.00
Lot Features
11-15 Units/ Acre
Parking Spots
7.00
Pool Features
None
Sewer
Public Sewer, Septic Type Unknown
Stories Total
3
Water Source
Public
Financial
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Courtesy of Marcus & Millichap. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than Mohr Real Estate Group include the name of the listing broker. Neither the listing company nor Mohr Real Estate Group shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. California Regional Multiple Listing Service. All rights reserved. 737 E 5th Street
Long Beach, CA
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