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Sold on 09/29/2025
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1004 E 5th St, Long Beach, CA 90802

$2,200,000

Last sold 09/29/2025 after 56 Days

  • —

    bed

  • —

    bath

Multi-family not for sale

About 1004 E 5th St

Property type Multi-family
Neighborhood
Year built 1963
HOA fee $0/month
Lot size 7,574 Sqft
Parking 4 garage spaces
Rental estimate
Property description
Located in the downtown area. Property has newer roof, six units have been refurbished, new electric circuit breakers, the upstairs pathway balcony deck are in great shape. The complex is near the beach, restaurants, shops, public transportation, bike paths, and central downtown. The complex has 4 car garages and one storage garage. plus, the complex is gated. Pictures show units 4, 5 and 7.
Listed by
Listing Agent - Jack Bliss
Listing Agent Contact: 310-418-7528
Listing Office - J & P Realty
Source: CRMLS mls logo
MLS#SB25171143 • last updated 1 year ago
Movoto checked CRMLS for data 5 minutes ago
Overview
Levels/Style Two, Contemporary
Type Residential Income
SubType Apartment
Status Closed
Lot Size (Acres) 0.1739
Lot Size (SqFt) 7574
Tax Area 1790
Year Built 1963
Interior
Laundry Community
Appliances Electric Range
Exterior
Building Area Square Feet, 7122
Roof Common Roof
# Parking Spaces 4
# Garage Spaces 4
Lot Description 21-25 Units/Acre, Level With Street
Amenities / Utilities
Fireplaces None
Sewer/ Septic Public Sewer
Water Source Public
Pool None
Location
County Los Angeles
Community Features Biking, Curbs, Gutters, Sidewalks
Subdivision Downtown (DT), Downtown (DT)
Zoning LBR3S
Directions Take 7th St To Alamitos (S) To 5th St (E) One Block
APN 7266009003
Multifamily Details
Vacancy Allowance Rate 2
Vacancy Allowance 3733
Laundry Income 116
Operating Expense 57309
Cap Rate 5.7
Expense: Insurance 4000
Total Expenses 57309
Expense: Maintenance 12376
Expense: Water/ Sewer 2728
Gross Income 116
Gross Operating Income 182939
Expense: Electric 900
Gross Scheduled Income 186672
Expense: Supplies 90
Expense: Gardener 480
Lot/ Land Details
Road Frontage City Street
Road Surface Paved
Rental est.: $1,230/month
Gross rent multiplier: 149.1
  • Sep 2025
    mls logo MLS # SB25171143
  • Sep 29, 2025 Sold
    $2,200,000
  • Sep 2, 2025 Active
    —
  • Aug 4, 2025 Listed
    $2,200,000 (-4.3%)
  • Sep 2025
    Public Records
  • Sep 29, 2025 Sold
    $2,200,000
  • Sep 2024
    mls logo MLS # SB24178968
  • Sep 2, 2024 Listed
    $2,300,000
  • Year Property taxes Tax assessment
  • 2024
    $8,188 +1.9%
    $511,980
  • 2023
    $8,035 +5.9%
    $511,980 +4.04%
  • 2022
    $7,585 +2.8%
    $492,117 +2.0%
  • 2021
    $7,377 +0.3%
    $482,477
  • 2020
    $7,356
    $482,477
  • 1004 E 5th St
    $2.2M
  • Franklin
    $534K +26% y/y
  • 90802
    $459K -8% y/y
  • Long Beach
    $699K 0% y/y
No chart available
Statistics calculated by Movoto

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5/10
Stevenson Elementary School
public Grades K-5
Long Beach Unified School District
4/10
Franklin Classical Middle School
public Grades 6-8
Long Beach Unified School District
6/10
Polytechnic High School
public Grades 9-12
Long Beach Unified School District
Source: GreatSchools.org © 2026. All rights reserved.

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