1049 5th Street, Long Beach, CA 90802
  • MLS#: PW23229190 ( Commercial/Residential )
  • Street Address: 1049 5th Street
  • Viewed: 2
  • Price: $3,525,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1925
  • Bldg sqft: 0
  • Days On Market: 330
  • Additional Information
  • County: LOS ANGELES
  • City: Long Beach
  • Zipcode: 90802
  • Subdivision: Alamitos Beach (ab)
  • Provided by: Keller Williams - Santa Monica
  • Contact: Robert Robert
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    1049 E. 5th Street is a 16 unit, apartment building located in North Alamitos Beach. The property is priced at 5.44% cap rate and 11.87 GRM at current rents. The property is comprised of nine (9) 1 BD / 1 BA units and seven (7) studio units. The majority of units have hardwood floors, and the first floor units offer private patios. Onsite laundry, garages and storage spaces provide additional income, and the four (4) garages also have the ability to be converted to ADUs.
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Features
Building Area Total
  1. 7607.00
Commoninterest
  1. Community Apartment
Common Walls
  1. 2+ Common Walls
Country
  1. US
Days On Market
  1. 289
Electric Expense
  1. 1484.30
Fuel Expense
  1. 1484.00
Garage Spaces
  1. 4.00
Gardner Expense
  1. 960.00
Insurance Expense
  1. 8755.00
Laundry Features
  1. Individual Room
Levels
  1. Two
Lot Features
  1. 16-20 Units/Acre
Netoperatingincome
  1. 191606.00
Newtaxesexpense
  1. 44497.00
Number Of Separate Electric Meters
  1. 16
Number Of Separate Gas Meters
  1. 16
Otherexpense
  1. 4800.00
Otherexpensedescription
  1. Reserves
Parcel Number
  1. 7266007032
Pest Control Expense
  1. 1865.00
Pool Features
  1. None
Postalcodeplus4
  1. 1620
Professionalmanagementexpense
  1. 13924.00
Property Type
  1. Commercial/Residential
Sewer
  1. Public Sewer
Sourcesystemid
  1. CRM
Sourcesystemkey
  1. 407004855:CRM
Subdivision Name Other
  1. Alamitos Beach (AB)
Totalexpenses
  1. 96478.00
Trash Expense
  1. 1484.30
Water Sewer Expense
  1. 1484.30
Water Source
  1. Public
Year Built
  1. 1925
Year Built Source
  1. Assessor
Zoning
  1. LBR3S