737 E 5th Street, Long Beach, CA 90802

  • $4,400,000
  • $4,500,000
737 E 5th Street, Long Beach, CA 90802
Active
737 E 5th Street, Long Beach, CA 90802
737 E 5th Street, Long Beach, CA 90802
  • $4,400,000
  • $4,500,000

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.

  • Address 737 E 5th Street
  • City Long Beach
  • State/county CA
  • Zip/Postal Code 90802
  • Country US

Details

Updated on April 4, 2025 at 4:09 pm
  • Property ID: PW24229677
  • Price: $4,400,000
  • Property Size: 12412 Square Feet
  • Land Area: 0.1714 Acres
  • Garages: 7.0
  • Garage Size: x x
  • Year Built: 1964
  • Property Type: Residential Income, Apartment
  • Property Status: Active

Contact Information

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  • Hoyt Hochman