4244 E 5Th St Long Beach, CA 90814
Upgraded multifamily property in desirable Belmont Heights location.
Lot size:
0.30 AcresProperty Features for 4244 E 5Th St
General Information
- Lot size
- 0.30 Acres
Building Details
- Year built
- 1972
Source:
Elliman
Listing Agency: WRE SoCal, Inc.
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Belmont Heights Multifamily Investment Property
This investment property is situated in the coastal community of Belmont Heights, a desirable location in Long Beach, proximate to Belmont Shore and Naples Island. The property is an aesthetic pride-of-ownership asset featuring attractive landscaping and street surroundings. The building has copper plumbing, new electric panels, a new security-camera system, and a recently painted exterior. All units have been upgraded with built-in stoves, microwaves, and refrigerators. Parking includes 9 garages and 16 spaces. All units have fireplaces except the two singles.
Location Intelligence
Current Use by Public Records
Apartment buildings
Location Insight
- Map
- Local Demand
- City
- Long Beach
- County
- Los Angeles
- State
- California
- Longitude
- -118.1427927
- Latitude
- 33.7723412
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - Upgraded multifamily property in desirable Belmont Heights location.
Where is this apartment building located?
The property is located at 4244 E 5Th St Long Beach, CA.
What is the asking price?
The asking price for this property is $5,500,000.
What are key features of this property?
This property features: - High Income Potential: 5.93% Cap Rate; - Prime Location: Desirable Belmont Heights, minutes from the beach, Belmont Shore, and Naples Island; - Upgraded Units: All units feature built-in stoves, microwaves, and refrigerators