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1015 E 5th St
Long Beach, CA 90802
5th Avenue Apartments · Multifamily Property For Sale
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8 Units
Property Facts
| No. Units | 8 | Lot Size | 0.12 AC |
| Property Type | Multifamily | Building Size | 5,996 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1987 |
| Building Class | C | Parking Ratio | 1.83/1,000 SF |
| Zoning | R3S | ||
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.12 AC |
| Building Size | 5,996 SF |
| No. Stories | 2 |
| Year Built | 1987 |
| Parking Ratio | 1.83/1,000 SF |
| Zoning | R3S |
Amenities
Unit Amenities
- Balcony
- Dishwasher
- Granite Countertops
- Refrigerator
- Oven
Site Amenities
- Controlled Access
- Laundry Facilities
About 1015 E 5TH ST , LONG BEACH, CA 90802
The 5th Avenue Apartments is an 8-unit garden style building comprised of all two bedroom units featuring ample covered parking. The property offers new ownership an opportunity to acquire a value-add asset with over 26% upside potential adjacent to the vibrant & fast developing East Village Arts District, Downtown Long Beach and the Alamitos Beach neighborhoods. The location is also in close proximity to a multitude of amenities along East Broadway and Retro Row, two of Long Beach's busiest main streets.
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 4 | $1,337 | 725 |
| 2+2 | 4 | $1,475 | 774 |
Property Taxes
| Parcel Number | 7266-007-037 | Improvements Assessment | $928,557 |
| Land Assessment | $1,729,769 | Total Assessment | $2,658,326 |
Property Taxes
Parcel Number
7266-007-037
Land Assessment
$1,729,769
Improvements Assessment
$928,557
Total Assessment
$2,658,326
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