4244 E 5th Street Long Beach, CA ^$ 5,500,000

4244 E 5th Street

^$ 5,500,000

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4244 E 5th Street

Long Beach, CA, 90814

^$ 5,500,000

Bedrooms20 Baths6.0 Sq 10,438

Monthly Estimate*

^$ 34,313

Listed by WRE SoCal, Inc.

4244 E 5th Street, Long Beach, CA 90814 - Image 1

4244 E 5th Street, Long Beach, CA 90814 - Image 2

4244 E 5th Street, Long Beach, CA 90814 - Image 3

4244 E 5th Street, Long Beach, CA 90814 - Image 4

4244 E 5th Street, Long Beach, CA 90814 - Image 5

4244 E 5th Street, Long Beach, CA 90814 - Image 6

4244 E 5th Street, Long Beach, CA 90814 - Image 7

4244 E 5th Street, Long Beach, CA 90814 - Image 8

4244 E 5th Street, Long Beach, CA 90814 - Image 9

4244 E 5th Street, Long Beach, CA 90814 - Image 10

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Multi-Family Home for sale in Long Beach, CA

for $5,500,000 with 20 bedrooms and 6 full baths. This 10,438 square foot home was built in 1972 on a lot size of 0.3004.

This investment property is located in the coastal community of Belmont Heights, one the city's most desirable locations minutes to the beach and proximate to Belmont Shore and Naples Island. An aesthetic pride-of-ownership asset with attractive landscaping and street surroundings. All units have been upgraded with built-in stoves, microwaves and refrigerators. All units have fireplaces except the two singles. Parking consists of 9 garages and 16 spaces. The building has all-copper plumbing, new electric panels, a new security-camera system, and a recently painted exterior. PRICE REDUCED, with a 5.93 cap rate!!

Multi-Family Active

Price

^$ 5,500,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.3004

Year Built

1972

Town/City

Long Beach

County/Region

Los Angeles

MLS | Web ID

25592845

Days on Market

104

Features

General

Living Area 10438

Sewer Other

Heating Fireplace(s)

Cooling Electric

Possession Close Of Escrow

Appliances Dishwasher Electric Oven Disposal Gas Range Microwave

Zoning LBR4R

Garage Spaces 9

Patio/Porch Features Open Patio

Pool Features None

Security Features Resident Manager Smoke Detector(s)

Year Built 1972

Tenant Pays Cable TV Electricity Gas

Stories Count 2

Levels Two

Gross Income 446808

County Los Angeles

Net Operating Income 326554

New Construction false

Property Type Residential Income

HOA false

Attached Garage false

Garage Y/N true

Full Baths 0

Special Listing Conditions Standard

Status Active

Directions From E. Ocean Blvd head north on Redondo Ave. Turn right onto E. 4th St. Turn left onto Roswell Ave. Turn right onto E 5th St to destination on the right.

City Long Beach

Entry Location Ground Level - no steps

Senior Community Y/N false

Open Parking Spaces 16

Number Of Units Total 16

MLS Area 2 - Belmont Heights Alamitos Heights

Lot Size Units Square Feet

Lot Size Square Feet 13086

Spa Features None

Rent Control Y/N false

Standard Status Active

Occupancy Type Tenant

Cap Rate 5.93

Interior

Interior Amenities Ceiling Fan(s)

Total Stories 2

Air Conditioning Y/N true

Heating Y/N true

Window Features Drapes Garden Window(s)

Half Baths 0

1/4 Baths 0

3/4 Baths 0

Total Bedrooms 20

Total Baths 22

Exterior

Parking Features Door-Single Garage One Space

Total Parking 25

Lot Size Area 13086

Number of Buildings 1

Spa false

Building Area Total 10438

Lot Dimensions 100x130

Lot Size Acres 0.3004

Private Pool false

Number of Separate Water Meters 1

Number of Separate Gas Meters 16

Number of Separate Electric Meters 16

* Excluded Features

List By

Wre Socal, Inc.

Broker

dralbertmorell@gmail.com

Affordability Calculator

$34,313

Per Month

Monthly Principal & Interest: $34,313
Monthly Property Taxes: --
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Long Beach, CA

Average List Price ^$1,862,363

Percent of Sale Price 66%

About Long Beach, CA

470,090 Population

2% Since 2002

^$57,916 Median Income

35.78 Median Age

30% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4827338 Elementary School

4827337 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
11/20/2025	$5,500,000		Listed Price

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4244 E 5th Street, Long Beach, CA, 90814 is a Multi-Family Home for sale at $5,500,000 with 10,438 sqft and a lot size of 0.3004. 4244 E 5th Street has 20 bedrooms, 6.0 baths, and was built in 1972. The property's zip code is 90814 which is in Long Beach, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 12/22/2025. 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.

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4244 E 5th Street

Multi-Family Home for sale in Long Beach, CA

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