- 8 Beds
- 4 Baths
- .34 Acres
- 16 DOM
1048 E 5th Street
***Immediate Income Opportunity***Value-add 6-unit in Long Beach with enough land for additional units + parking. Fully renovated, strong cash flow, and ready for a developers expansion plans. High upside via development or hold. Rare Long Beach opportunity: a fully stabilized 6-unit multifamily income property (5 of 6 units recently renovated, 6th unit has been updated) offered with garage parking for 5 spaces. Located near freeway access, top Long Beach dining and shopping corridors, and waterfront attractions. Excellent for investors seeking both strong cash flow and development upside. [CROSS POSTED MLS# IV25264295]
Essential Information
- MLS® #IV25271614
- Price$2,350,000
- Bedrooms8
- Bathrooms4.00
- Acres0.34
- Year Built1915
- TypeResidential Income
- Sub-TypeApartment
- StatusActive
Community Information
- Address1048 E 5th Street
- SubdivisionAlamitos Beach (AB)
- CityLong Beach
- CountyLos Angeles
- Zip Code90802
Area
4 - Downtown Area, Alamitos Beach
Amenities
- Parking Spaces5
- ParkingDoor-Single, Garage, Public
- # of Garages5
- GaragesDoor-Single, Garage, Public
- PoolNone
Interior
- # of Stories2
Additional Information
- Date ListedNovember 21st, 2025
- Days on Market16
Listing Details
- AgentJennifer Mendoza
- OfficeEXP REALTY OF CALIFORNIA INC
Jennifer Mendoza, EXP REALTY OF CALIFORNIA INC.
Based on information from California Regional Multiple Listing Service, Inc. as of December 21st, 2025 at 4:51am PST. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.