Search
8-Unit Apartment Building
For Sale
Contact for pricing
Pending

1621 E 5th St, Long Beach, CA 90802

Fully occupied property with gated parking, resident laundry, and separately metered utilities near the beach.

Property SizeContact for details
Days on Market141

Property Features for 1621 E 5th St

General Information

Standard status Pending
Property subtype Multifamily
Listing Agency: West Shores Commercial
Listed By: MONICA ESQUIVEL · License #01715564
Source: Crexi
Added: Apr 12 Changed: Aug 29 Last Checked: Aug 29 at 4:18PM

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 West Shores Commercial

Investment Insights

Based on property information with market context.

This 8-unit apartment building in Long Beach offers a consistent two-bedroom, two-bath layout across the property. Each residence includes a primary suite with a private full bath, a second bedroom, an additional hall bath, and an individual balcony. Four top-floor units feature cathedral ceilings. The building was constructed in 1987 and has received updates including flooring, paint, and appliances.

The property includes 12 gated parking spaces and a ground-level laundry room. Gas and electricity are separately metered for all eight units. Located at 1621 E 5th St in the Alamitos Beach area, the building is less than a mile from the ocean and near restaurants, grocery stores, Retro Row on 4th Street, Cal State Long Beach, Long Beach Community College, public transportation, and the 710 and 605 freeways. All units are currently occupied.

Key Highlights

  • 8 units, each with 2 bedrooms, 2 baths, and a private balcony
  • 12 gated parking spaces and a ground‑level laundry room
  • All 8 units separately metered for gas and electricity

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Real Estate Agency Daycare Center HVAC Service Carpet & Flooring Store (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,932
Businesses Nearby

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

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Apartment building - Fully occupied property with gated parking, resident laundry, and separately metered utilities near the beach.
Where is this apartment building located?
The property is located at 1621 E 5th St Long Beach, CA.
What are key features of this property?
This property features: 8 units, each with 2 bedrooms, 2 baths, and a private balcony; 12 gated parking spaces and a ground‑level laundry room; All 8 units separately metered for gas and electricity
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message