Appraised at $3.55M in 2024! Don’t 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.
MLS # | PTP2501516 |
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Listing Type | For Sale |
Sub-Type | Resale |
Status | Active |
Year | 1953 |
Days On Site | 136 |
Listing Provided By | eXp Realty of California, Inc. | Marina Morse |
SQ Feet | 7,876 |
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Garage | 5 |
Story(s) | 2 |
Units | 10 |
Building(s) | 1 |
Zoning | LBR1N |
Acreage | 0.20 |
Heating Yes / No | No |
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Cooling Yes / No | No |
Fireplace Yes / No | No |
Lot Features | Six To Ten Units Acre |
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Garage Yes / No | Yes |
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Sewer | Public Sewer |
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Community Features | Biking, Sidewalks, Urban |
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State | CA |
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County | Los Angeles |
City | Long Beach |
Zip Code | 90802 |
Area | 197 Long Beach |
![]() | $3,200,0001828 E 5 Th StreetLong Beach, CA 90802 |