1050 E 5th Long Beach, CA $ 1,650,000
1050 E 5th
$ 1,650,000
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1050 E 5th

Long Beach, CA, 90802
$ 1,650,000
Baths2.1 Sq 5,864

Monthly Estimate*

$ 10,159

Listed by Keller Williams Realty Downey
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Studio

Multi-Family Home for sale in Long Beach, CA

for $1,650,000 with 2 full baths, 1 half bath. This 5,864 square foot home was built in 2013 on a lot size of 0.2059.

Located at 1050 E 5th St in Long Beach, this rebuilt triplex offers a rare opportunity for both investors and owner-users seeking a turnkey income property in a prime coastal market. The property has undergone a renovation, delivering modern finishes, updated systems, and low-maintenance living across all three units. Each unit features a private entrance, functional layouts, and bright, contemporary interiors designed to attract quality tenants. Ideal for owner-user with a 5 bed/3.75 bath house which can be delivered vacant. One unit can be lived in while generating strong rental income from the others—helping offset mortgage costs. The property also offers on-site parking and a clean, updated exterior, enhancing curb appeal and long-term value. Conveniently located near downtown Long Beach, residents enjoy easy access to restaurants, shopping, transportation, and the beach. With strong rental demand and no immediate capital improvements needed, this is a true turnkey opportunity in a high-demand area.

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Multi-Family Active

Price

$ 1,650,000

Bedrooms

Studio

Full Bath

2

Half Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.2059

Year Built

2013

Town/City

Long Beach

County/Region

Los Angeles

MLS | Web ID

PW26075600

Days on Market

2

Features
General
Sewer Public Sewer
Heating Central
Garage Spaces 6
Pool Features None
Year Built 2013
Property Subtype Mixed Use
Gross Income 126426
Community Features Sidewalks
County Los Angeles
Net Operating Income 86919
Operating Expense 39507
Insurance Expense 4984
New Construction false
Property Type Residential Income
MaintenanceExpense 1950
Subdivision Name Alamitos Beach (AB)
Garage Y/N true
Special Listing Conditions Standard
Status Active
Directions Off Alamitos Ave
City Long Beach
Entry Location 1
Senior Community Y/N false
Open Parking Spaces 1
Number Of Units Total 3
MLS Area 4 - Downtown Area Alamitos Beach
Lot Size Units Square Feet
Lot Size Square Feet 8968
Listing Terms Cash Cash to New Loan 1031 Exchange
Property Attached Y/N true
Land Lease Y/N false
Electric Expense 750
Fuel Expense 750
Trash Expense 750
Water Sewer Expense 750
Additional Parcels Y/N false
Rent Control Y/N true
Building Area Units Square Feet
Standard Status Active
Year Built Source Assessor
Tax Lot 7
Property Sub Type Additional Mixed Use
Taxes 21526
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Interior
Total Stories 2
Common Walls 1 Common Wall
Heating Y/N true
Laundry Features Laundry Room
Entry Level 1
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Exterior
Lot Features 2-5 Units/Acre
Water Source Public
Total Parking 7
Lot Size Area 8968
Number of Buildings 2
Building Area Total 5864
Lot Size Acres 0.2059
Private Pool false
Lot Size Source Assessor
Number of Separate Water Meters 1
Number of Separate Gas Meters 3
Number of Separate Electric Meters 4
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* Excluded Features
List By
Keller Williams Realty Downey

Broker

rstepp@steppcommercial.com

Email

Affordability Calculator

$10,159
Per Month
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Monthly Principal & Interest
$10,159
Monthly Property Taxes
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Monthly Home Insurance
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Default based on a 30-year fixed rate of 6.25% 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
4/20/2026$1,650,000 Listed Price

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1050 E 5th, Long Beach, CA, 90802 is a Multi-Family Home for sale at $1,650,000 with 5,864 sqft and a lot size of 0.2059. 1050 E 5th is a studio with 2.1 baths and was built in 2013. The property's zip code is 90802 which is in Long Beach, CA