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ResidentialIncome — 1130 E 5th Street, Long Beach, CA

$1,450,000

1130 E 5th Street, Long Beach, CA

$1,450,000 — 1130 E 5th Street, Long Beach, CA — photo 1
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About this property

• Across the street from Franklin Classical Middle School • Minutes to Alamitos Beach & Downtown Long Beach • Walking distance to 4th Street Retro Row – Walk Score of 92 • Upgraded electric panels • Approximately 18% rental upside • 6.5% Cap Rate – current rents 8.5% Cap Rate – market rents • Pro Forma 12% Return

Property details

Year built
1943
Property type
ResidentialIncome

Location

1130 E 5th Street • Long Beach, CA 90802

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Listed by

Grant Hahn · Morgan Skenderian

Listing courtesy of Morgan Skenderian. Information deemed reliable but not guaranteed.

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