Long Beach, CA 90802 1828 E 5th Street
$3,200,000
10 more
Presented By: eXp Realty of California, Inc.;
- MLS# PTP2501516
- 02/23/2025
Disclaimer: The information contained in this listing has not been verified by Sell Buy OC Homes and should be verified by the buyer.
Beds • 8
Baths • 5
Garage • 5
Home Details
Appraised at $3.55M in 2024! Dont 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.
Presented By: eXp Realty of California, Inc.;
Interior Features for 1828 E 5th Street
Bedrooms
Total Bedrooms8
Bathrooms
Half Baths0
Total Baths5
Other Interior Features
Air Conditioning Y/NNo
Basement[]
Common Walls[]
Fireplace Features[]
Fireplace Y/NNo
Flooring[]
Heating Y/NNo
Interior Amenities[]
Laundry Features[]
Total Stories2
Window Features[]
Other Rooms
Room Type[]
General for 1828 E 5th Street
Accessibility[]
Appliances[]
Architectural Style[]
Association Amenities[]
Association Fee Includes[]
Attached Garage No
Body Type[]
Building Area UnitsSqft
Business Type[]
Buyer Financing[]
Cap Rate3.37
CityLong Beach
Community Features[]
Construction Materials[]
Cooling[]
CountyLos Angeles
Current Use[]
DirectionsUse Google map
Disclosures[]
Electric[]
FinancialDataSource[]
FreeholdIDX
Green Building Verification Type[]
HOANo
HOA Fee$0.0
Heating[]
Lease Type[]
Levels[]
Living Area UnitsSqft
Lot Size UnitsAcres
ModificationTimestamp2025-04-04T10:21:24Z
New ConstructionNo
Number Of Units Total10
Operating Expense80193.0
Other Structures[]
Patio/Porch Features[]
Pets Allowed[]
Pool Features[u'N/K']
Possession[]
Possible Use[]
Property Attached Y/NNo
Property Condition[]
Property SubtypeRes Income 2-4 Units
Property TypeResidential Income
Rent Includes[]
Roof[]
Security Features[]
Senior Community Y/NNo
Sewer[]
Spa Features[]
Standard StatusActive
StatusACTIVE
Structure Type[]
Tenant Pays[]
Utilities[]
View[]
Year Built0
Exterior for 1828 E 5th Street
Building Area Total0.0
Exterior Amenities[]
Fencing[]
Foundation Details[]
Frontage Type[]
Lot Features[]
Lot Size Area0.1993
Number of Buildings1
Other Equipment[]
Parking Features[]
Skirt[]
Water Source[]
Waterfront Y/NNo
Additional Details
Price History
Hal Schlegel
Broker Associate
Dane Crosby
CA DRE#02055293