3025 E 5th St | Long Beach, CA 90814
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3025 E 5th St
Long Beach, CA 90814
20 Units | One Block from Retro Row · Multifamily Property For Sale
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20 Units
Investment Highlights
- Priced at 5.29% Cap Rate on Current Rents
- Excellent Mix of 1BD and 2BD Units
- Prime Location Just One Block from Retro Row
- 14 Units Fully Renovated w/In-Unit Washer/Dryers
- 10 Garages Offer Potential for ADU Conversion
Property Facts
| No. Units | 20 | Building Size | 14,584 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1961 |
| Building Class | C | Parking Ratio | 1.37/1,000 SF |
| Lot Size | 0.31 AC | ||
| Zoning | R2, Long Beach | ||
| No. Units | 20 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.31 AC |
| Building Size | 14,584 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1961 |
| Parking Ratio | 1.37/1,000 SF |
| Zoning | R2, Long Beach |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 10 | - | 675 |
| 2+1 | 10 | - | 783 - 1,000 |
Property Taxes
| Parcel Number | 7257-006-031 | Improvements Assessment | $3,468,000 |
| Land Assessment | $2,448,000 | Total Assessment | $5,916,000 |
Property Taxes
Parcel Number
7257-006-031
Land Assessment
$2,448,000
Improvements Assessment
$3,468,000
Total Assessment
$5,916,000
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