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$2,350,000
1048 E 5th Street, Long Beach, CA 90802
6Beds
4Baths
105Days Listed
Listed by JENNIFER MENDOZA, EXP REALTY OF CALIFORNIA INC | 310-801-9060 | MLS# IV25271614
About This Property
***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# IV25264295]
Property Details
- Property Type
- Res Income 2-4 Units
- Bedrooms
- 6
- Bathrooms
- 4
- Building Area
- 0 Sqft
- Living Area
- 0 sqft
- Year Built
- 0
- Status
- Active
- Days on Market
- 105
- Cumulative Days on Market
- 50
- Original Price
- $2,350,000
- MLS Number
- IV25271614
Location & Neighborhood
What's nearby 1048 E 5th Street, Long Beach, CA 90802
Nearby Schools
- 0.5 mi
Parks & Recreation
- Unnamed0.1 mi
playground
- Promenade Square0.1 mi
park
- Harvey Milk Park0.1 mi
park
Transit Access
- Long Beach Transit Gallery0.1 mi
Bus Stop
- Downtown Long Beach0.1 mi
Train Station
- Third & Pine0.1 mi
Bus Stop
- 1st Street0.1 mi
Train Station
- Pacific & Broadway0.1 mi
Bus Stop
Local Amenities
Dining
- Stinkin' Crawfish22 yrd
- Broadway Pizza & Grill33 yrd
POI data updated recently
Long Beach Market Snapshot
730
Active Listings
$649K
Median Price
69
Avg Days on Market
Last updated: Jan 24, 2026
Based on information from California Regional Multiple Listing Service, Inc. as of the date of this data. 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.
$2,350,000