737 E 5Th Street

Long Beach, CA 90802

$4,500,000

List Price

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bed Beds

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shower Baths

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straighten / sqft

1964

calendar_month Built

Property Description

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.

Listing Information

List Price $4,500,000
Status Active
MLS PW24229677
Type Residential Income
Subtype Apartment
Year Built 1964
Lot Size 7,468
Structure Size N/A
DOM 27
Courtesy Of Marcus & Millichap
Listing Agent Kevin King DRE#01158184

Interior Features

Laundry Information
Location(s) Common Area
Total Bedroom
Bedrooms N/A
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Exterior Information

Maps

Listing information courtesy of: Kevin King, Marcus & Millichap . *Based on information from the Association of REALTORS/Multiple Listing as of Dec 5th, 2024 at 5:31 AM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.