6
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Listed by Kevin King • Marcus & Millichap
$4,500,000
Est. payment /mo
12,412 SqFt
Active
737 E 5th Street Long Beach, CA 90802
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UPDATED:
11/08/2024 07:23 AM
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 12,412 sqft
Price per Sqft $362
MLS Listing ID CRPW24229677
HOA Y/N No
Originating Board Datashare California Regional
Year Built 1964
Lot Size 7,468 Sqft
Property Description
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.
Location
State CA
County Los Angeles
Interior
Heating Natural Gas
Fireplace No
Laundry Community Facility
Building
Water Public
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