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26-Unit Remodeled Apartment Building
For Sale
$12,200,000

5120 E Livingston Drive, Long Beach, CA 90803

Long Beach, CA

Property SizeContact for details
Lot Size0.37 Acres
Days on Market524

Property Features for 5120 E Livingston Drive

General Information

Property type Commercial Sale
Property subtype Other
Zoning LBR4R
Bedrooms 3
Bathrooms 3
Full bathrooms 3
Rooms Bedroom 3, Laundry Room, Bathroom 2, Bathroom 3, Bedroom 2, Bathroom 1, Bedroom 1
Parking 13
Subdivision Belmont Park (BP)
Lot features 26-30 Units/ Acre
Directions Livingston Dr
Standard status Active
APN 7249012005
Lot size 0.37 Acres

Utilities

Sewer type Public Sewer
Water source Public

Amenities

common courtyard
BBQ facilities
dining facilities

Building Details

Year built 1943
Floors in Building 2
Number of units 26
Listing Agency: Keller Williams Realty Downey
Listed By: Robert Stepp · License #01456379
Added: Mar 25, 2025 Changed: Aug 25 Last Checked: Aug 30 at 7:06AM
MLS# PW25065019

Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Livingston Place is a 26-unit apartment property comprising one-bedroom, one-bathroom residences in varied layouts. Each unit has remodeled kitchens and bathrooms, while the community includes a shared courtyard with BBQ and dining areas. The oversized parcel also provides 13 private garages for resident use. Capital improvements include upgraded electrical panels and completed seismic retrofitting.

The property occupies 0.3653 acres at 5120 E Livingston Drive in Long Beach’s Belmont Shore rental submarket. It is near the beach, Naples Island, the shopping and dining corridor along 2nd Street, and Alamitos Bay. The property was built in 1943 and is served by public water and public sewer. Zoning is LBR4R.

Key Highlights

  • 26‑unit apartment property with all one‑bedroom, one‑bathroom units
  • 0.3653‑acre site in Long Beach’s Belmont Shore rental submarket
  • All units feature remodeled kitchens and bathrooms

Property Analytics

Current Use

Beach Front Property ... Apartment Complex

Suggested Use

Top Pick Dental Office Food Market Grocery & Convenience Store Daycare Center HVAC Service Electrical Service

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

Lease Details

26
Residential units

Location Intelligence

Trade Area within ½ mile

1,544
Businesses Nearby

Demographics for 90803, CA

32,192
Population
18,516
Households
1.7
Avg Household Size
46
Median Age
61%
College-Educated
95%
High-School Grad
4.1 sq mi
ZIP Area
7,852
Density / Sq Mi
$111,500
Median Household Income
$73,944
Median Earnings
$2,073
Median Rent
$1,138,300
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Updated kitchens and bathrooms complement a shared courtyard with BBQ and dining areas.
Where is this apartment building located?
The property is located at 5120 E Livingston Drive Long Beach, CA.
What is the asking price?
The asking price for this property is $12,200,000.
What are key features of this property?
This property features: 26‑unit apartment property with all one‑bedroom, one‑bathroom units; 0.3653‑acre site in Long Beach’s Belmont Shore rental submarket; All units feature remodeled kitchens and bathrooms
More about this property
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