CA > Long Beach
Long Beach, CA 90814,4244 E 5th St
Long Beach, CA 90814,4244 E 5th St
Long Beach, CA 90814,4244 E 5th St
10
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$5,995,000
Est. payment /mo
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20 Beds
22 Baths
10,438 SqFt
Price Dropped by $505K

4244 E 5th St Long Beach, CA 90814

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Gwendolyn Thomas

Gwendolyn Thomas

+1(702) 265-5005

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 10,438 sqft

Price per Sqft $574

MLS Listing ID 25592845

Style Contemporary Mediterranean

Bedrooms 20

Year Built 1972

Lot Size 0.300 Acres

Acres 0.3004

Property Sub-Type Multi-Family

Property Description

Aesthetic pride-of-ownership property in Belmont Heights, one of the city's most desirable living areas minutes to the beach. All units are upgraded with built-in stoves, microwaves and refrigerators. All units have fireplaces except the two singles. There are atypical 25 parking bays: 9 garages and 16 spaces. The building has copper plumbing , new electric panels, a new security-camera system, and a recently repainted exterior. There is a MAJOR UPSIDE in rental income across the board inclusive of the unrented parking spaces, with a 5.4 cap rate at existing rents. An undeniable investment opportunity.

Location

State CA

County Los Angeles

Area Belmont Heights, Alamitos Heights

Zoning LBR4R

Rooms

Other Rooms None

Interior

Heating Wall Electric, Fireplace

Cooling Electric, Ceiling Fan, Air Conditioning

Equipment Dishwasher, Microwave, Ceiling Fan, Garbage Disposal

Laundry Laundry Area

Exterior

Parking Features Parking Space, Garage Is Detached, Garage - 1 Car

Garage Spaces 25.0

Pool None

Building

Story 2

Sewer In Street

Architectural Style Contemporary Mediterranean

Level or Stories Two

Others

Special Listing Condition Standard

TheMLS (CLAW)
The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2025 The MLSTM/CLAW. All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by WRE SoCal, Inc.

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Gwendolyn Thomas

Gwendolyn Thomas

Agent | RE.S.0186243

+1(702) 265-5005

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4244 E 5th St