Do Real Estate on the Go!
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Listed by: JENNIFER MENDOZA (310) 801-9060 DRE #01991593 | EXP REALTY OF CALIFORNIA INC (888) 584-9427
$2,350,000
8 Beds
- 4 Baths
--sqft
1048 E 5Th St, Long Beach, CA 90802
$2,350,000
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Apartment
Built in 1915
$-- HOA
14,871 sqft lot
--/sqft
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]
Property Details
Status
Active
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
--
Year Built
1915
HOA Fees
-
Finished Area
- sqft
Lot Size
14,871 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
IV25271614
MLS Status
Active
Days on Market
11
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