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1049 E 5th St Long Beach, CA, 90802
$3,525,000 Commercial for sale Other
1049 E. 5th Street is a 16-unit, apartment building located in North Alamitos Beach. The property is priced at 5.44% cap rate and 11.87 GRM at current rents. The property is comprised of nine (9) 1 BD / 1 BA units and seven (7) studio units. The majority of units have hardwood floors, and the first-floor units offer private patios. Onsite laundry, garages and storage spaces provide additional income, and the four (4) garages also have the ability to be converted to ADUs.
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Property details
7,607 sqft interior area
Land area
8,756 sqft (0.20 acres)
Days on Verhouse
142
Address
1049 E 5th St, Long Beach, CA, 90802
City of California
Long Beach
County
Los Angeles
Year Built
1925
District
Listing
Nearby major retailers
Costco
Lowe's
Whole Foods Market
Trader Joe's
T-Mobile
Mercedes-Benz
ALDI
Toyota
Walmart Supercenter
Wholesale: 1
Do it yourself: 1
Supermarket: 6
Mobile phone: 2
Car: 1
Car repair: 1
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Listed by
Robert Stepp, Keller Williams - Santa Monica
Name
Robert Stepp
License number
01456379
Brokerage company
Keller Williams - Santa Monica
MLS #
CRPW23229190
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Calculate your monthly payments
Mortgage
$10,823
Taxes
$0
HOA dues
$0
Mortgage
$705,000 / 20%
2.28%
30 years
Your amount
$10,823 / month
Lot details
TMK #7266007032
Parcel nr.
7266007032
90802 info
Essentials nearby
Neighborhood stats
Walkability
Coffee shops
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no data
Bus stop
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no data
Supermarket
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no data
Costco
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no data
Hospital
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no data
Park
—
no data
Beach
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no data
Elementary school
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no data
Middle school
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no data
High school
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no data
Local airport
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no data
People living in 90802
44%
Families with children
National average: 39%
49%
Non family households
324,973
Population
$82,376
Average Income
Age & gender
Median age 35 years
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Commute types
79% commute by car
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Education level
20% have bachelor education
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Number of employees
3% work in education and healthcare
More info
Vehicles available
48% have 1 vehicle
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Vehicles by gender
48% have 1 vehicle
More info
Housing market insights for
$934.31k
Neighborhood average
sales price*
sales price*
$675.83k
Neighborhood median
sales price*
sales price*
521
Number
of sales*
of sales*
Housing type
33% are small apartments
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Rooms
39% of the houses have 4 or 5 rooms
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Bedrooms
47% have 2 or 3 bedrooms
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Owners vs Renters
71% are renters
More info
15.83 / 20
Most Walkable
►
15-20
Most Walkable
10-15
Above Average
5-10
Below Average
1-5
Least Walkable
Walkability according to the National Walkability Index
Price history
New Listing Dec 22, 2023
| Date | Event | Price | $/sqft | Source |
|---|---|---|---|---|
| Dec 22, 2023 | New Listing | $3,525,000 | 0 | MLS #CRPW23229190 |
Taxes of 1049 E 5th St, Long Beach, CA, 90802
LBR3 zoning / MLS #CRPW23229190
Zoning
LBR3
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Frequently Asked Questions about 1049 E 5th St
What is 1049 E 5th St?
1049 E 5th St is a Commercial/Industrial propertywith 7,607 sqft interior space.
What is the rental income?
-
What is the full address of this Commercial?
1049 E 5th St, Long Beach, CA, 90802.
What comparable properties are nearby?
Comparable nearby commercial properties include 1045 E 4th St, 1229 E 4th St, 728 Cerritos Ave, 532 Nebraska Ave, 1026 E Broadway, 820 Lime Ave.
Based on information from the bridgeMLS as of 05-11-2024. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Listing last updated on: Apr 16, 2024
Verhouse Last checked 4 minutes ago
The closest grocery stores are Vons 2861, 0.45 miles away and El Super, 0.58 miles away.
The 90802 zip area has a population of 324,973, and 44% of the families have children. The median age is 35.31 years and 79% commute by car. The most popular housing type is "small apartment" and 71% is renter.
