1048 E 5th Street, Long Beach, CA 90802
1048 E 5th Street, Long Beach, CA 90802
1048 E 5th Street, Long Beach, CA 90802
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Margaret DeLao

Margaret DeLao

+1(858) 229-8016
$2,350,000
Est. payment /mo
6 Beds
4 Baths
0.34 Acres Lot
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

Subdivision Alamitos Beach (Ab)

MLS Listing ID IV25271614

Bedrooms 6

Lot Size 0.341 Acres

Property Sub-Type Res Income 2-4 Units

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# IV25264295]

Location

State CA

County Los Angeles

Zoning See Remark

Direction Alamitos and 5th

Interior

Fireplace No

Exterior

View Y/N No

Building

Story 2

Level or Stories 2

Others

Senior Community No

Tax ID 7266009015

Acceptable Financing Cash, Conventional, Exchange, Seller May Carry

Listing Terms Cash, Conventional, Exchange, Seller May Carry

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MLS Router / San Diego MLS
Listed by JENNIFER MENDOZA, DRE#01991593 EXP REALTY OF CALIFORNIA INC 

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Margaret DeLao

Margaret DeLao

+1(858) 229-8016

Realtor | License ID: 01377428

Realtor License ID: 01377428

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