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1048 E 5th Street, Long Beach, CA 90802

Local realty services provided by:CENTURY 21 Cornerstone
1048 E 5th Street,Long Beach, CA 90802
$2,350,000
  • - Beds
  • - Baths
  • 4,450 sq. ft.
  • Multi-family
  • Active
Listed by: jennifer mendoza
Office: exp realty of california inc
MLS#:IV25271614
Source:CRMLS

Price summary

  • Price:$2,350,000
  • Price per sq. ft.:$528.09

About this home

***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]

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Home facts

  • Year built:1915
  • Listing ID #:IV25271614
  • Added:50 day(s) ago
  • Updated:January 25, 2026 at 11:31 AM

Rooms and interior

  • Living area:4,450 sq. ft.

Structure and exterior

  • Year built:1915
  • Building area:4,450 sq. ft.
  • Lot area:0.34 Acres

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$2,350,000
  • Price per sq. ft.:$528.09
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