This investment property is located in the coastal community of Belmont Heights, one the city’s most desirable locations minutes to the beach and proximate to Belmont Shore and Naples Island. An aesthetic pride-of-ownership asset with attractive landscaping and street surroundings. All units have been upgraded with built-in stoves, microwaves and refrigerators. All units have fireplaces except the two singles. Parking consists of 9 garages and 16 spaces. The building has all-copper plumbing, new electric panels, a new security-camera system, and a recently painted exterior. The entry courtyard has just been refurbished. PRICE REDUCED, with a 6.06 cap rate.
AGENT: Albert Morell LISTING BROKERAGE: WRE SoCal, Inc.
Courtesy of WRE SoCal, Inc.. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than The Agency RE include the name of the listing broker. Neither the listing company nor The Agency RE shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. California Regional Multiple Listing Service. All rights reserved. 4244 E 5th ST
Long Beach, CA
Property Details
Price:
$5,390,000
MLS #:
25592845
Status:
Pending
Beds:
20
Baths:
22
Type:
Single Family
Neighborhood:
2belmontheightsalamitosheights
Listed Date:
Sep 29, 2025
Finished Sq Ft:
10,438
Total Sq Ft:
10,438
Lot Size:
13,086 sqft / 0.30 acres (approx)
Year Built:
1972
2 – Belmont Heights, Alamitos Heights2belmontheightsalamitosheights
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Schools
Interior
Appliances
DW, GD, MW, GR, EO
Cooling
ELC
Heating
FIR
Interior Features
CF
Levels
U
Exterior
Garage Spaces
9
Parking Spots
25
Parking Total
25
Patio And Porch Features
OPN
Security Features
SD, MGR
Spa Features
NO
Window Features
GW, DPC
Financial
Gross Operating Income
$432,822
Net Operating Income
$326,554
Map
Community
- Address4244 E 5th ST Long Beach CA
- CityLong Beach
- CountyLos Angeles
- Zip Code90814
