Active
1048 E 5th Street, Long Beach, CA 90802
1048 E 5th Street, Long Beach, CA 90802
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]
Address
Open on Google Maps- Address 1048 E 5th Street
- City Long Beach
- State/county CA
- Zip/Postal Code 90802
- Area Alamitos Beach (AB)
- Country US
Details
Updated on December 5, 2025 at 11:54 pm- Property ID: IV25271614
- Price: $2,350,000
- Property Size: 11338 Square Feet
- Land Area: 0.3414 Acres
- Garages: 5.0
- Garage Size: x x
- Year Built: 1915
- Property Type: Residential Income, Apartment
- Property Status: Active
