1048 E 5th Street Long Beach, CA $ 2,350,000
1048 E 5th Street
$ 2,350,000
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1048 E 5th Street

Long Beach, CA, 90802
$ 2,350,000
Bedrooms-- Baths1.0 Sq 11,338

Monthly Estimate*

$ 14,661

Listed by EXP REALTY OF CALIFORNIA INC
1048 E 5th Street, Long Beach, CA 90802 - Image 1
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Commercial Property for sale in Long Beach, CA

for $2,350,000 with 1 full bath. This 11,338 square foot building was built in 1915 on a lot size of 0.3414.

***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 # IV25271614]

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Commercial Active

Price

$ 2,350,000

Full Bath

1

Property Type

Commercial

Taxes

$ 0

Style

Lot Size

0.3414

Year Built

1915

Town/City

Long Beach

County/Region

Los Angeles

MLS | Web ID

IV25264295

Days on Market

26

Features
General
Year Built 1915
Property Subtype Multi Family
Business Type Real Estate
County Los Angeles
Net Operating Income 316739
Operating Expense 118616
Insurance Expense 4535
Property Type Commercial Sale
Special Listing Conditions Standard
Status Active
Directions Alamitos and 5th
City Long Beach
Number Of Units Total 6
MLS Area 4 - Downtown Area Alamitos Beach
Lot Size Units Square Feet
Lot Size Square Feet 14871
Number of Units Leased 6
Listing Terms Cash Conventional 1031 Exchange Owner May Carry Submit
Land Lease Y/N false
Electric Expense 2000
Trash Expense 1700
Water Sewer Expense 3500
Additional Parcels Y/N false
Lease Considered Y/N false
Building Area Units Square Feet
Standard Status Active
Occupancy Type Tenant
Year Built Source See Remarks
Property Sub Type Additional Multi Family
Cap Rate 6.64
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Interior
Total Stories 2
Laundry Features Washer Hookup Electric Dryer Hookup
Entry Level 0
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Exterior
Water Source Public
Lot Size Area 14871
Number of Buildings 2
Building Area Total 11338
Lot Size Acres 0.3414
Lot Size Source Assessor
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* Excluded Features
List By
Exp Realty Of California Inc

Broker

agentjennifermendoza@gmail.com

Email

Affordability Calculator

$14,661
Per Month
100%
0%
0%
Monthly Principal & Interest
$14,661
Monthly Property Taxes
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Monthly 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
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/22/2025$2,350,000 Listed Price

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1048 E 5th Street, Long Beach, CA, 90802 is a Commercial Property for sale at $2,350,000 with 11,338 sqft and a lot size of 0.3414. 1048 E 5th Street has 1.0 baths and was built in 1915. The property's zip code is 90802 which is in Long Beach, CA