1821-1827 E 5th St | Long Beach, CA 90802
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1821-1827 E 5th St
Long Beach, CA 90802
East Fifth Street Apartments · Multifamily Property For Sale
·
34 Units
PROPERTY FACTS
| No. Units | 34 | Building Size | 25,056 SF |
| Property Type | Multifamily | Average Occupancy | 94% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built/Renovated | 1960/2018 |
| Building Class | C | Parking Ratio | 0.92/1,000 SF |
| Lot Size | 0.58 AC | ||
| Zoning | R1N | ||
| No. Units | 34 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 0.58 AC |
| Building Size | 25,056 SF |
| Average Occupancy | 94% |
| No. Stories | 2 |
| Year Built/Renovated | 1960/2018 |
| Parking Ratio | 0.92/1,000 SF |
| Zoning | R1N |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Microwave
- Heating
- Hardwood Floors
- Refrigerator
- Range
- Pantry
SITE AMENITIES
- Controlled Access
- Courtyard
- Laundry Facilities
- Pool
- Grill
- Wi-Fi
ABOUT 1821-1827 E 5TH ST , LONG BEACH, CA 90802
The East Fifth Street Apartments is comprised of three buildings set on an oversized lot of 25,272 square feet that consists of two studios, eleven one-bedroom units, twenty two-bedroom and one three-bedroom unit. The property presents investors with an opportunity to acquire a value-add asset with over 49% of rental upside potential. The building is located in the trendy Retro Row neighborhood and walking distance to numerous cafes, restaurants, boutiques and parks.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 2 | $650.00 | 498 |
| 1+1 | 11 | $962.50 | 650 |
| 2+1 | 20 | $1,225 | 800 - 836 |
| 3+2 | 1 | $1,425 | 910 |
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $5,566,140 | |
| Land Assessment | $8,739,360 | Total Assessment | $14,305,500 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$8,739,360
Improvements Assessment
$5,566,140
Total Assessment
$14,305,500
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