1705 E 5th St
Long Beach, CA 90802

Bd   — Ba   3,340 Sqft
1950's CONSTRUCTION IN PRIME EASTSIDE LOCATION. 1705 E. 5TH STREET IS A 6 UNIT BUILDING CONSISTING OF LARGE ALL 1 BED/1BATH. THIS PROPERTY IS NEXT DOOR TO 1639 E. 5TH WHICH IS OWNED BY THE SAME SELLER. THESE PROPERTIES CAN BE SOLD TOGETHER AS A 10 UNIT BUILDING OR SEPARATELY. SELLER HAS OWNED THIS PROPERTY FOR OVER 15 YEARS! THE 6 UNITS ARE SEPARATELY METERED FOR GAS & ELECTRIC TO HELP KEEP EXPENSES LOW. SELLER PAYS WATER ONLY. ONSITE LAUNDRY ROOM CAN BRING IN EXTRA INCOME. UPSIDE IN RENTS IN THE NON RENT CONTROL CITY OF LONG BEACH. PRICED TO SELL ON ACTUAL NUMBERS AT A 4.7 CAP. YES, 4.7 CAP AND ONLY 5 BLOCKS TO THE BEACH.... THIS INVESTMENT PROPERTY WILL NOT LAST LONG!!
  • Neighborhood: Franklin School
  • Days on Movoto: 310
  • Year Built: 1952
  • HOA:
  • $/Sqft: $314
  • Lot: 6,667 Sqft
  • Property Type: Single Family
  • MLS#: PW16134756
  • MLS:
  • Listing Office: Main Street Realtors
  • Listed By: Kristina Moore
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Property History

Status
Date
Price
Pending
Jul 2, 2016
Listed
Jun 22, 2016
$1,050,000
#PW16134756
Built in 1952, this single family house at 1705 E 5th St, Long Beach CA, 90802 is approximately 3,340 square feet and does not come with a parking spot. It was last listed with a cost per Sqft of $314. 1705 E 5th St is located in the Franklin School neighborhood in the Long Beach Unified School District. The closest school is Burbank Elementary School.

1705 E 5th St, Long Beach CA, 90802 was on the market for 310 days. The median days on the market for properties in this area is 31 with a median list price of $599,000 and median cost per square foot of $444. Its current status is removed under the MLS #PW16134756.

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