CA > Long Beach
Long Beach, CA 90802,737 East 5th Street
Long Beach, CA 90802,737 East 5th Street
Long Beach, CA 90802,737 East 5th Street
Additional details
Paul Ward

Paul Ward

+1(805) 479-5004
Listed by Kevin King • Marcus & Millichap
$4,400,000
Est. payment /mo
12,412 SqFt
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UPDATED:

Key Details

Property Type Single Family Home

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

Square Footage 12,412 sqft

Price per Sqft $354

MLS Listing ID PW-24229677

Year Built 1964

Lot Size 7,468 Sqft

Property Sub-Type Apartment

Property Description

New Pricing and Recent Rent Increases!" "Now a 6.21% Cap Rate at List Price. We are pleased to present a very well maintained 14- unit apartment in a fantastic East Village location. The building was built in 1964 and features 4 one-bedroom units, 4 two-bedroom units, and 6 two-bedroom two bath units. Current ownership has taken extremely good care of these buildings and over the years has replumbed the building, upgraded the electrical, installed new windows, installed a new roof and in general created a turnkey asset or a new investor. The current rents are slightly below market allowing a new owner to raise rents without turnover.

Location

State CA

County Los Angeles

Zoning LBPD30

Interior

Laundry Community

Exterior

Parking Features Gated

Garage Spaces 7.0

Pool None

Community Features Curbs, Sidewalks

Building

Lot Description 11-15 Units/Acre

Sewer Public Sewer, Septic Type Unknown

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agent

Paul Ward

+1(805) 479-5004

Broker Associate | License ID: 01354001

Broker Associate License ID: 01354001

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