$4,500,000
For Sale

737 E 5th Street

Long Beach, CA 90802
0.17 acres | #PW24229677
Listing OfficeMarcus & Millichap
Browse 6 photos
Type:Multi-Family
Structure:House
Zone:Residential

Description

We are pleased to present a very well maintained 14- unit apartment in a fantastic East Village location. The building was built in 1964 and features 4 one-bedroom units, 4 two-bedroom units, and 6 two-bedroom two bath units. Current ownership has taken extremely good care of these buildings and over the years has replumbed the building, upgraded the electrical, installed new windows, installed a new roof and in general created a turnkey asset or a new investor. The current rents are slightly below market allowing a new owner to raise rents without turnover.

  • Property Details
      • Sewer InformationPublicSewer, SepticTypeUnknown
      • Lot DescriptionElevenToFifteenUnitsAcre
      • Property TypeMulti-Family
      • CountyLos Angeles
      • Original List Price$4,500,000
      • MLS #PW24229677
      • MLS #PW24229677
      • Property SubtypeApartment
      • Cost4500000
      • Acres0.1714
      • Utility SourcePublic
      • Year Built1964
      • Stories3
      • Parking Spaces7

Location

Amber RomoReal Estate Group
$
years

Down Payment

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%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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