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20-Bedroom ResidentialIncome — 4244 E 5th Street, Long Beach, CA

$5,390,000

4244 E 5th Street, Long Beach, CA

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About this property

This investment property is located in the coastal community of Belmont Heights, one the city's most desirable locations minutes to the beach and proximate to Belmont Shore and Naples Island. An aesthetic pride-of-ownership asset with attractive landscaping and street surroundings. All units have been upgraded with built-in stoves, microwaves and refrigerators. All units have fireplaces except the two singles. Parking consists of 9 garages and 16 spaces. The building has all-copper plumbing, new electric panels, a new security-camera system, and a recently painted exterior. The entry courtyard has just been refurbished. PRICE REDUCED, with a 6.06 cap rate.

Property details

Bedrooms
20
Bathrooms
22
Square feet
10,438
Year built
1972
Property type
ResidentialIncome

Location

4244 E 5th Street • Long Beach, CA 90814

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Listed by

Albert Morell · WRE SoCal, Inc.