Long Beach, CA 90802,737 E 5th Street
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$ 4,500,000
Est. payment | /mo

5 Beds

4 Baths

7,468 Sqft Lot


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$ 4,500,000
Est. payment | /mo
Save

5 Beds

4 Baths

7,468 Sqft Lot

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID PW24229677

Bedrooms 5

HOA Y/N No

Lot Size 7,468 Sqft

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.
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.

Location

State CA

County Los Angeles

Area Long Beach (90802)

Zoning Assessor

Interior

Heating Natural Gas

Building

Lot Description Curbs, Sidewalks

Story 3

Lot Size Range 4000-7499 SF

Level or Stories 2 Story

Others

Monthly Total Fees $226

Acceptable Financing Cash, Exchange

Space Rent $1,776

Listing Terms Cash, Exchange

San Diego Regional MLS (SDMLS)
Listed by Kevin King • Marcus & Millichap
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mike@mikedietzrealty.com

4955 Narragansett Ave, San Diego, California, 92107, USA

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737 E 5th Street