Multifamily
737 E 5th St
737 E 5th St, Long Beach, CA 90802
Listing Price: $4,500,000
Investment Overview
Marcus & Millichap is pleased to present a very well maintained 14 unit apartment in a fantastic East Village location. The building was built in 1964 and features 4 one bedroom units, 4 two bedroom units, and 6 two bedroom two bath units. The building features 7 one-car garages that rent for $205 per garage. Current ownership has taken extremely good care of these buildings and over the years has replumbed the building, upgraded the electrical, installed new windows, installed a new roof and in general created a turn key asset for a new investor. The current rents are slightly below market allowing a new owner to raise rents without turnover.
Investment Highlights
- Mostly 2 Bedrooms
- New Roof, New Windows, Copper Plumbing, Upgraded Electrical
- Very Well Maintained
- Fantastic Location with 7 Garages
Exclusively Listed By
Financing By
Listing Price: $4,500,000
Investment Highlights
- Mostly 2 Bedrooms
- New Roof, New Windows, Copper Plumbing, Upgraded Electrical
- Very Well Maintained
- Fantastic Location with 7 Garages
Investment Overview
Marcus & Millichap is pleased to present a very well maintained 14 unit apartment in a fantastic East Village location. The building was built in 1964 and features 4 one bedroom units, 4 two bedroom units, and 6 two bedroom two bath units. The building features 7 one-car garages that rent for $205 per garage. Current ownership has taken extremely good care of these buildings and over the years has replumbed the building, upgraded the electrical, installed new windows, installed a new roof and in general created a turn key asset for a new investor. The current rents are slightly below market allowing a new owner to raise rents without turnover.
Exclusively Listed By
Financing By

