Apartment Building Near Retro
1130 E 5th Street Long, Long Beach, CA 90802
For Sale
$1,385,000
Vintage multifamily property with upgraded electrical panels and wall/window unit cooling.
Property SizeContact for details
Days on Market186
Property Features for 1130 E 5th Street Long
General Information
Standard status
Property subtype
Site & Location
Neighborhood
Additional Details
Cap Rate
Amenities
Wall/Window Unit(s)
Building Details
Year Built
Stories
Listing Agency:
Morgan Skenderian
Listed By:
Grant Hahn
Source:
Kw
Added: May 13
Changed: Nov 12
Last Checked: Nov 12 at 12:09PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Morgan Skenderian
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Investment Insights
Based on property information with market context.
Built in 1943, this apartment building includes upgraded electrical panels and wall/window unit cooling. The property is positioned across from Franklin Classical Middle School and offers an established multifamily configuration in a walkable Long Beach setting.
Alamitos Beach and Downtown Long Beach are minutes away, while 4th Street Retro Row is within walking distance. The property has a Walk Score of 92. Current rents support a 6.5% cap rate, with market rents indicated at an 8.5% cap rate.
Alamitos Beach and Downtown Long Beach are minutes away, while 4th Street Retro Row is within walking distance. The property has a Walk Score of 92. Current rents support a 6.5% cap rate, with market rents indicated at an 8.5% cap rate.
Key Highlights
- Built in 1943 with upgraded electric panels
- Wall/window unit(s)
- Across the street from Franklin Classical Middle School
Property Analytics
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Location Intelligence
Trade Area within ½ mile
3,194
Businesses Nearby
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Business Placement
Demographics for 90802, CA
41,686
Population
25,055
Households
1.7
Avg Household Size
37
Median Age
44%
College-Educated
88%
High-School Grad
6.5 sq mi
ZIP Area
6,413
Density / Sq Mi
$72,152
Median Household Income
$52,011
Median Earnings
$1,855
Median Rent
$546,700
Median Home Value
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Market
Average Price Trend$/SF for Apartment buildings in Long Beach, CA
Properties on Market for Apartment buildings in Long Beach
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Apartment building - Vintage multifamily property with upgraded electrical panels and wall/window unit cooling.
Where is this apartment building located?
The property is located at 1130 E 5th Street Long Long Beach, CA.
What is the asking price?
The asking price for this property is $1,385,000.
What are key features of this property?
This property features: Built in 1943 with upgraded electric panels; Wall/window unit(s); Across the street from Franklin Classical Middle School
