1049 E 5th St | Long Beach, CA 90802
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1049 E 5th St
Long Beach, CA 90802
Multifamily Property For Sale
·
17 Units
Investment Highlights
- Priced at 5.44% Cap Rate and 11.87 GRM at Current Rents
- Laundry, Storage & Garage Providing Additional Income
- Majority of Units Have Hardwood Floors
- Four (4) Garages Offer the Opportunity for ADU Conversion
- First-Level Units Have Private Patios
Property Facts
| No. Units | 17 | Lot Size | 0.20 AC |
| Property Type | Multifamily | Building Size | 7,607 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1925 |
| Building Class | C | Parking Ratio | 0.53/1,000 SF |
| Zoning | LBR3S | ||
| No. Units | 17 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.20 AC |
| Building Size | 7,607 SF |
| No. Stories | 2 |
| Year Built | 1925 |
| Parking Ratio | 0.53/1,000 SF |
| Zoning | LBR3S |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 8 | - | 364 |
| 1+1 | 9 | - | 562 |
Property Taxes
| Parcel Number | 7266-007-032 | Improvements Assessment | $1,299,979 |
| Land Assessment | $2,414,248 | Total Assessment | $3,714,227 |
Property Taxes
Parcel Number
7266-007-032
Land Assessment
$2,414,248
Improvements Assessment
$1,299,979
Total Assessment
$3,714,227
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