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

4244 East 5th Street

^$ 5,500,000

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4244 East 5th Street

Long Beach, CA, 90814

^$ 5,500,000

Studio Baths0.0 Sq 10,438

Monthly Estimate*

^$ 34,313

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

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

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

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

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

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

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

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

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

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

Studio

Multi-Family Home for sale in Long Beach, CA

for $5,500,000. This 10,438 square foot home was built in 1972 on a lot size of 0.3.

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

Studio

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.3

Year Built

1972

Town/City

Long Beach

County/Region

Los Angeles

MLS | Web ID

0025592845

Features

General

Living Area 10438.0

Heating Fireplace(s)

Cooling Electric

Zoning LBR4R

Security Features Smoke Detector(s) Resident Manager

Year Built 1972

Tenant Pays Electricity Cable TV Gas

Levels Two

Accessibility Other

County Los Angeles

Net Operating Income 326554.0

New Construction No

Property Type C

HOA No

Status Active

City Long Beach

Entry Location Ground Level - no steps

Senior Community Y/N No

MLS Area 2 - Belmont Heights Alamitos Heights

Lot Size Units Square Feet

Lot Size Square Feet 13086.0

Structure Type None

Standard Status Active

Interior

Interior Amenities Ceiling Fan(s)

Kitchen Appliances Disposal Dishwasher Electric Oven Gas Range Microwave

Total Stories 2

Air Conditioning Y/N Yes

Heating Y/N Yes

Window Features Garden Window(s) Drapes

Total Baths 0

Exterior

Parking Features Garage - Single Door Parking Space

Lot Size Area 13086.0

Spa No

Pool Y/N? No

Building Area Total 10438.0

Lot Dimensions 100x130

Lot Size Acres 0.3

Land Lease Type Fee

* Excluded Features

List By

Albert Morell

Listing Agent

Wre Socal, Inc.

Broker

Affordability Calculator

$34,313

Per Month

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

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Yearly Home Insurance

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.

793437 Elementary School

793428 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
11/11/2025	$5,500,000	-8.26%	Price Down
10/13/2025	$5,995,000	-7.77%	Price Down
9/30/2025	$6,500,000		Listed Price

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4244 East 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 0.3. 4244 East 5th Street is a studio with 0.0 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 Desert Association of Realtors.

Based on information from the California Desert Association of REALTORS® as of 12/11/2025. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the California Desert Association of Realtors. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be reproduced or redistributed. Its sole purpose is to be used to identify prospective properties consumers may be interested in purchasing.

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4244 East 5th Street

Multi-Family Home for sale in Long Beach, CA

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