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Listed by: Aaron Jacobson (310) 729-1559 DRE #02100737, Cameron Samimi DRE #02035763 | Lyon Stahl Investment Real Estate, Inc. (310) 425-9838
$1,395,000
3 Beds
7 Baths
3,344sqft
531 W 5Th St, Long Beach, CA 90802
$1,395,000
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Apartment
Built in 1923
$-- HOA
7,518 sqft lot
$417/sq.ft
Description
Ideal Owner-User Opportunity Near Downtown Long Beach
531 W 5th St is a 7-unit multifamily investment offering a rare
combination of owner-user flexibility, in-place income, and upside
through previously approved development plans. The property features a vacant
3-bedroom/1-bath front house with a full kitchen, dedicated dining
area, Ring camera, and mini-split system, giving an owner-occupant
the privacy and feel of a standalone home while collecting rental
income from the remaining six units.
At current rents, the property produces a 6.02% cap rate and 10.87
GRM. Previously approved plans are in place for a 3-bedroom/2-bath ADU, which
brings the prop...
- Houzeo last checked: 4 hours ago
- Listing updated: August 19, 2026 at 5:39 pm
- Source: California Regional MLS-CA | MLS#: SB26181225
Property Details
Status
Active
Type
Multi Family
No. of Stories
1
County
City
Neighborhood
Year Built
1923
HOA Fees
-
Finished Area
3,344 sqft
Lot Size
7,518 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
SB26181225
MLS Status
Active
Days on Market
5
Cumulative Days on Market
1
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