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5139 E Carson St, Long Beach, CA 90808

  • $1,650,000

  • bed

  • bath

Multi-family for sale 12 days
Movoto is helping 68 homebuyers near you

About 5139 E Carson St

Property type Multi-family
Neighborhood
Year built 1944
HOA fee $0/month
Lot size 9,956 Sqft
Movoto estimate
Rental estimate
Property description
Excellent investment opportunity in the heart of Long Beach, Lakewood Village! This well-maintained fourplex sits on a very generous 9,954 sq.ft. lot. Featuring three fully renovated units thoughtfully updated with modern finishes designed to attract quality tenants. Interiors showcase newer vinyl laminate flooring, contemporary fixtures, and stylish living spaces that blend comfort with functionality. Each renovated unit includes convenient inside stackable laundry, energy-efficient mini-split heating and cooling systems, and a complete appliance package featuring a gas range, microwave, and refrigerator. The established landscaping provides curb appeal and is supported with an automatic irrigation system that keeps the professionally maintained landscaping in prime condition. The property offers assigned parking for tenants. Separate meters for gas and electric. This is an ideal location with panoramic views. Ideally situated near shopping, dining, entertainment, public transportation, and educational opportunities, residents will appreciate the close proximity to Long Beach City College, Heartwell Park and Golf Course, Long Beach Airport, and more.With significant updates already completed and a desirable location in one of Long Beach's established neighborhoods, this income-producing property presents an exceptional opportunity for investors seeking strong rental appeal and long-term value.
Listed by
Listing Agent - Dave Pedneault
Listing Agent Contact: 714-220-0200
Listing Office - First Team Real Estate
Source: CRMLS mls logo
MLS#OC26131199 • last updated 1 week ago
Movoto checked CRMLS for data 8 minutes ago
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Overview
Levels/Style One, Traditional
Type Residential Income
SubType Quadruplex
Virtual Tour External Link
Status Active
Lot Size (Acres) 0.2286
Lot Size (SqFt) 9956
Tax Area 5531
Year Built 1944
Condition Updated/Remodeled
Interior
Appliances Disposal, Microwave, Refrigerator, Gas Water Heater, Free-Standing Range, Gas Range
Interior Features Quartz Counters, Recessed Lighting, Tile Counters
Window Features Double Pane Windows, Blinds, Screens
Exterior
Construction Concrete, Stucco, Glass, Drywall Walls
Building Area Square Feet, 2575
Parking Concrete, Assigned, Off Street, On Site
# Uncovered Spaces 4
# Parking Spaces 4
Lot Description Sprinklers In Front, Sprinklers On Side, Landscaped, Near Public Transit, Park Nearby, 2-5 Units/Acre, Sprinkler System, Lawn, Sprinklers In Rear
Amenities / Utilities
Fireplaces None
Sewer/ Septic Public Sewer
Water Source Public
Electric Standard
Spa None
Pool None
Location
View Park/Greenbelt, Neighborhood
County Los Angeles
Community Features Gutters, Curbs, Street Lights, Sidewalks, Suburban, Park
Subdivision Lakewood Village (LKVL), Lakewood Village (LKVL)
Walk Score 70
Directions East Of Clark Avenue, North Side Of Carson
APN 7183004009
Multifamily Details
Vacancy Allowance Rate 3
Operating Expense 26827
Cap Rate 3.36
Gross Income 55443
Gross Operating Income 86741
Gross Multiplier 18.45
Gross Scheduled Income 89424
Lot/ Land Details
Road Frontage City Street
Road Surface Paved
Average Studio Area 645
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Source: GreatSchools.org © 2026. All rights reserved.

Around Lakewood Village

Explore everything this neighborhood has to offer. Learn more about Lakewood Village.
69/100
Walk
81/100
Family
95/100
Dining
99/100
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  • Real Estate
  • CA
  • Los Angeles County
  • Long Beach
  • 90808
  • Lakewood Village
  • 5139 E Carson St

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The real estate listing data marked with this icon comes from the IDX program of the CRMLS Multiple Listing Service™ system.
Based on information from California Regional Multiple Listing Service, Inc. as of 6/25/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
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