***Immediate Income Opportunity***Value-add 6-unit in Long Beach with enough land for additional units + parking. Fully renovated, strong cash flow, and ready for a developers expansion plans. High upside via development or hold. Rare Long Beach opportunity: a fully stabilized 6-unit multifamily income property (5 of 6 units recently renovated, 6th unit has been updated) offered with garage parking for 5 spaces. Located near freeway access, top Long Beach dining and shopping corridors, and waterfront attractions. Excellent for investors seeking both strong cash flow and development upside. [CROSS POSTED MLS# IV25264295]
MLS #
CRIV25271614
MLS Source
California Regional MLS
Days on Site
3
Garage/Parking
Common Parking - Public, Garage, Garage: 5 Car(s)
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 2 | 6 | – |
1048 E 5th St is a Residential Income in Long Beach, CA 90802. This – square foot property sits on a 14,871 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $2,350,000 and was built in 1915. This address can also be written as 1048 E 5th St, Long Beach, CA 90802.
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This listing information is up-to-date as of December 05, 2025. For the most current information, please contact JENNIFER MENDOZA, (310) 801-9060