CA > Long Beach
Long Beach, CA 90802,737 E 5th Street
Long Beach, CA 90802,737 E 5th Street
Long Beach, CA 90802,737 E 5th Street
5
See all 5 photos
$4,400,000
Est. payment /mo
Save
5 Beds
4 Baths
7,468 Sqft Lot
Price Dropped by $100K

737 E 5th Street Long Beach, CA 90802

Save
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Fri
16
May
Sat
17
May
Sun
18
May
Patty Doyle

Patty Doyle

+1(619) 886-0321

UPDATED:

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 Sub-Type Res Income 2-4 Units

Property Description

New Pricing and Recent Rent Increases! Now a 6.21% Cap Rate at List Price. 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.
New Pricing and Recent Rent Increases! Now a 6.21% Cap Rate at List Price. 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 $1,830

Listing Terms Cash, Exchange

San Diego Regional MLS (SDMLS)
Listed by Kevin King • Marcus & Millichap

GET MORE INFORMATION

agent

Patty Doyle

Agent | License ID: 01507441

+1(619) 886-0321

Name
Phone*
Message
I agree by electronic signature to the Electronic Disclosure Consent; to receive recurring marketing communication from or on behalf of Patty Doyle, including auto-dialed calls, texts, and artificial/prerecorded voice messages (consent not required to make a purchase; data rates may apply; reply “STOP” to opt-out of texts or ‘HELP” for help); and to the Terms of Service and Privacy Policy of this website. I understand that I can call to obtain direct assistance.

Go tour this home

737 E 5th Street

QUICK SEARCH
There are 24 quick searches