Long Beach, CA 90802,1621 E 5th ST
Long Beach, CA 90802,1621 E 5th ST
Long Beach, CA 90802,1621 E 5th ST
29
$2,448,000
$2,500,000
2.1%
Est.Price: ?

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1 SqFt

1621 E 5th ST Long Beach, CA 90802

Est. payment /mo
SOLD DATE : 02/22/2024

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Key Details

Sold Price $2,448,000

Property Type Condo

Sub Type Apartment

Listing Status Sold

Purchase Type For Sale

Square Footage 1 sqft

Price per Sqft $2,448,000

Subdivision Alamitos Beach (Ab)

MLS Listing ID PW23204691

Sold Date 02/22/24

HOA Y/N No

Year Built 1986

Lot Size 6,747 Sqft

Property Description

8-UNIT BUILDING LESS THAN A MILE TO THE OCEAN in Alamitos Beach in Long Beach. You must drive by this 8-unit building of 2 bedrooms, and 2 baths each unit has its own balcony. Gated 12 parking spaces and a Laundry room on ground level with room to improve rents.

All 8 units are separately metered for Gas and Electricity. Units each have a comfortable layout with a master suite with an ensuite full bath then a second bedroom and another full bath in the hall. is in a great pocket neighborhood on 5th St. Built in '87 Well-maintain building fully occupied and the owner has invested in remodeled with floors, paint, appliances, etc. Top floor 4 units have cathedral ceilings for a very open feel. Great location minutes from the beach, restaurants, grocery stores, Retro Row on 4th Street (between Cherry and Junipero), close to Cal State Long Beach, Long Beach Community College 710 & 605 freeways, and transportation.

You will not find a better return for this condition of building. The building is virtually turn-key with an upside in rental income to boot! THE SELLER IS MOTIVATED AND ENTERTAINING ALL OFFERS!

Location

State CA

County Los Angeles

Area 4 - Downtown Area, Alamitos Beach

Zoning LBR1N

Rooms

Ensuite Laundry Common Area

Interior

Laundry Location Common Area

Heating Wall Furnace

Fireplace No

Laundry Common Area

Exterior

Garage Spaces 12.0

Garage Description 12.0

Pool None

Community Features Street Lights

Accessibility Parking

Total Parking Spaces 12

Private Pool No

Building

Lot Description 6-10 Units/Acre

Story 1

Entry Level Three Or More

Sewer Public Sewer

Water Public

Level or Stories Three Or More

New Construction No

Others

Senior Community No

Tax ID 7266021025

Acceptable Financing Cash to Existing Loan, Trust Deed

Listing Terms Cash to Existing Loan, Trust Deed

Financing Conventional

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Monica Esquivel • West Shores Realty, Inc.
Bought with Bill Larson • First Team Real Estate

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Nicole Parent

Broker Associate | License ID: 01827226

+1(559) 930-7171

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