1621 E 5th Street
Long Beach, CA 90802

  • – beds
  • – baths
  • – sqft
  • 6,746 sqft lot
  • 1986 build
  • on site

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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!

California Regional MLS logo Listed By CRMLS_CA / Monica Esquivel / West Shores Realty, Inc.

Last checked: Checking… • Last updated Feb 23, 2024 •

MLS# PW23204691 —

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Sale history

Date Event Source Price % Change
2/22/24
Sold CRMLS_CA $2,448,000 -2.1%
11/27/23
Sold Subject To Contingencies CRMLS_CA $2,500,000
11/3/23
Listed / Active CRMLS_CA $2,500,000 108.3% (10.5% / YR)

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Multifamily Sold on 2/22/2024

$2,448,000

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Listing provided by broker:

Monica Esquivel

West Shores Realty, Inc.

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California Regional MLS logo Listing Courtesy of: CRMLS_CA and West Shores Realty, Inc.. Based on information from California Regional Multiple Listing Service, Inc. as of 23:51 on May 10.

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