737 E 5th Street, Property Listing: MLS® #PW24229677

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.

737 E 5th Street, Property Listing: MLS® #PW24229677 Close
Page Summary
  • 619-987-4851
NEW
  • MLS® #: PW24229677
  • 737 E 5th Street
  • , CA 90802
  • $4,500,000
  • 0.17 Acres
  • Office: Marcus & Millichap

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.

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Essential Information

  • MLS® #PW24229677
  • Listing Price$4,500,000
  • Original Listing Price$4,500,000
  • Date ListedNovember 7th, 2024
  • Bathrooms0.00
  • Acres0.17
  • Lot Sq.Ft.7,468
  • TypeResidential Income
  • StatusACTIVE

Dues

  • HOA Dues$0
  • Total Monthly Dues$226

Community Information

  • Address737 E 5th Street
  • AreaLONG BEACH (90802)
  • SubdivisionEast Village
  • CountyLos Angeles
  • StateCA
  • Zip Code90802

Amenities

  • PoolN/K

Interior

  • # of Stories2

Exterior

  • Lot DescriptionCurbs, Sidewalks
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Listing information last updated on February 18th, 2025 at 8:39am PST.