Property Detail

1048 5th

Long Beach CA 90802

$2,350,000

Status: Active

Property Details

Description

***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]

Map Location

Listing provided courtesy of JENNIFER MENDOZA of EXP REALTY OF CALIFORNIA INC. Last updated 2026-05-04 08:15:04.000000. Listing information © 2025 CRMLS.

The Lineup

The Lineup

admin Real estate https://static.royacdn.com/Site-02ef49e0-f0f4-404c-8ad8-e40f9a412cfb/inside_pages/about_img.jpg realtor https://static.royacdn.com/Site-02ef49e0-f0f4-404c-8ad8-e40f9a412cfb/inside_pages/about_img.jpg