***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]
AGENT: JENNIFER MENDOZA LISTING BROKERAGE: EXP REALTY OF CALIFORNIA INC
Courtesy of EXP REALTY OF CALIFORNIA 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. 1048 E 5th ST
Long Beach, CA
Property Details
Price:
$2,350,000
MLS #:
IV25271614
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Apartment
Subdivision:
Alamitos Beach AB
Neighborhood:
4downtownareaalamitosbeach
Listed Date:
Dec 5, 2025
Total Sq Ft:
4,450
Lot Size:
14,871 sqft / 0.34 acres (approx)
Year Built:
1915
4 – Downtown Area, Alamitos Beach4downtownareaalamitosbeachAlamitos Beach Ab
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Schools
Interior
Laundry Features
ELC, WH
Exterior
Common Walls
_1CW
Community Features
SDW, URB
Garage Spaces
5
Parking Spots
5
Parking Total
5
Financial
Net Operating Income
$146,232
Map
Community
- Address1048 E 5th ST Long Beach CA
- SubdivisionAlamitos Beach (AB)
- CityLong Beach
- CountyLos Angeles
- Zip Code90802
