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737 E 5th Street, 
Long Beach, CA 90802

$4,400,000

—

Bed

—

Bath

-

Sq Ft

Multi-Family

Active

Listed by

Kevin King

Marcus & Millichap

Last updated:

May 7, 2025, 01:56 PM

MLS#

PW24229677

Source:

SANDICOR

About This Home

737 E 5th Street

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.

Home Facts

Multi-Family

Price Summary

4,400,000

MLS #:

PW24229677

Last Updated:

May 7, 2025, 01:56 PM

Added:

6 month(s) ago

Lot

Lot Size (Sq. Ft):

7,468

Finances & Disclosures

Finances

Price:

$4,400,000

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