- 5 Beds
- 4 Baths
- .17 Acres
- 237 DOM
737 E 5th Street
New Pricing and Recent Rent Increases! Now a 6.21% Cap Rate at List Price. 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.
Essential Information
- MLS® #PW24229677
- Price$4,400,000
- Bedrooms5
- Bathrooms4.00
- Acres0.17
- TypeResidential Income
- Sub-TypeRes Income 2-4 Units
- StatusActive
Community Information
- Address737 E 5th Street
- AreaLONG BEACH (90802)
- SubdivisionEast Village
- CityLong Beach
- CountyLos Angeles
- StateCA
- Zip Code90802
Amenities
- PoolN/K
Interior
- FireplaceYes
- Stories2 Story
Exterior
- Lot DescriptionCurbs,Sidewalks
Additional Information
- Date ListedNovember 7th, 2024
- Days on Market237
- ZoningAssessor
Listing Details
- OfficeMarcus & Millichap
Marcus & Millichap.
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Listing information last updated on July 21st, 2025 at 4:28am PDT.