Sold

3025 E 5th Street

Long Beach CA, 90814

$5,800,000


$397.70 per sqft

Sold

14,584 sqft

Multi-family

Built in 1961

Listed by Robert Stepp with Keller Williams - Santa Monica 310-482-2200

3025 E. 5th Street is a 20-unit apartment asset located just one block from popular Retro Row in Long Beach, California. The property is comprised of (10) 2BD / 2BA units and (10) 1BD / 1BA units surrounding a landscaped courtyard. Fourteen (14) of the units have been fully remodeled with recessed lighting, new flooring, new kitchen countertops, cabinetry, and stainless steel appliance, new bathroom vanities, tiling, and modern fixtures and features throughout. All renovated units offer in-unit washers and dryers. The ten (10) existing garages offer the opportunity for additional income or for ADU conversion to increase rental income. The property is located in walking distance to vibrant Retro Row with attractive shopping, dining and nightlife amenities.

PW23222053

MLS ID

December 6, 2023

Listed

April 24, 2024

Updated

Map

3025 E 5th Street
Long Beach CA, 90814

Interior Features

Total Stories

2


Laundry Description

Inside


Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Lot Size

0.31 Acres


Lot Features

16-20 Units/Acre


Sewer

Public Sewer

Other Property Details

Area Name

3 - Eastside, Circle Area


Days on Market

123


Garage

Yes


Garage Spaces

10


Parking Total

10


View

No


County

Los Angeles


Water Source

Public


Pool

No


Pool Features

None


Zoning

LBR2N


Buyer Agency Compensation

2%

Listing History

Date

Event

Price

4/24/2024

Sold

$5,800,000

4/8/2024

Pending

3/19/2024

Price Change

$5,995,000

-5%

Listing Contact: 310-482-2200 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 4/24/2024. 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, the 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. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 4/24/2024 at 9:47 PM UTC

 

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