CnC Realty
1 / 20

$2,350,000

1048 5th Street

Long Beach, CA 90802

Active

1915

Year Built

Los Angeles

County

Apartment

Property Type

About this home

***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]

Listed by JENNIFER MENDOZA · DRE #01991593 · EXP REALTY OF CALIFORNIA INC
MLS #1147538604
ListedNov 21, 2025

Property Details

Architecture

Stories2
StyleN/A
Total Units6
RoofN/A
Garage Spaces5
PoolN/A
SpaN/A

Features & Amenities

Interior FeaturesN/A
Exterior FeaturesN/A
FlooringN/A
CoolingN/A
HeatingN/A
FireplaceN/A
LaundryWasher Hookup, Electric Dryer Hookup
Parking FeaturesDoor Single, Garage, Public
Parking Total5
Patio & PorchN/A
Entry Level0
Entry Location/
Common WallsOne Common Wall

Property Features

Lot Size0.34 ac
Lot FeaturesN/A
ViewN/A
DirectionsAlamitos and 5th

Community

Area4 - Downtown Area, Alamitos Beach
School DistrictN/A

Tax & Financial

TermsCash, Conventional, Exchange1031, Owner May Carry, Submit
Land LeaseNo
HOA NameN/A
HOA FeeN/A

Request a Tour

Mortgage Estimate

$12,508/mo

20% down · 7% APR · 30-yr fixed

Estimate only. Does not include taxes, insurance, or HOA.

CRMLSLast updated: October 21, 2026 at 6:30 PM

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