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Pending
  • Listed by: Keller Williams Realty Downey • Robert Stepp • Contact: 310-774-3740
    $1,650,000

    1050 E 5th St, Long Beach, CA 90802

    11beds
    10baths
    5,864sqft
    : 
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    Mixed Use
    Built in 2013
    -- sqft lot
    $1,596,400 Zestimate®
    $281/sqft
    $-- HOA

    What's special

    Functional layoutsModern finishesPrivate entranceUpdated systemsBright contemporary interiorsEnhancing curb appealClean updated exterior
    Located at 1050 E 5th St in Long Beach, this rebuilt triplex offers a rare opportunity for both investors and owner-users seeking a turnkey income property in a prime coastal market. The property has undergone a renovation, delivering modern finishes, updated systems, and low-maintenance living across all three units. Each unit features a private entrance, functional layouts, and bright, contemporary interiors designed to attract quality tenants. Ideal for owner-user with a 5 bed/3.75 bath house which can be delivered vacant. One unit can be lived in while generating strong rental income from the others—helping offset mortgage costs. The property also offers on-site parking and a clean, updated exterior, enhancing curb appeal and long-term value. Conveniently located near downtown Long Beach, residents enjoy easy access to restaurants, shopping, transportation, and the beach. With strong rental demand and no immediate capital improvements needed, this is a true turnkey opportunity in a high-demand area.
    70 days
    |
    71
    |
    1
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Robert Stepp DRE #01456379 310-463-2916,

    Keller Williams Realty Downey,

    Larry Bustamante DRE #00762602,

    Keller Williams Realty Downey

    Source: CRMLS,MLS#: PW26075600MLS LogoOriginating MLS: California Regional MLS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 11
      • Bathrooms: 10
      Heating
      • Central
      Appliances
      • Laundry: Laundry Room
      Features
      • Common walls with other units/homes: 1 Common Wall
      Interior area
      • Total structure area: 5,864
      • Total interior livable area: 5,864 sqft

      Property

      Parking
      • Total spaces: 7
      • Parking features: Garage
      • Garage spaces: 6
      • Uncovered spaces: 1
      Features
      • Entry location: 1
      • Pool features: None
      Lot
      • Size: 8,968 Square Feet
      • Features: 2-5 Units/Acre
      Details
      • Parcel number: 7266009024
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Mixed Use
      • Attached to another structure: Yes
      Condition
      • New construction: No
      • Year built: 2013

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Features: Sidewalks
      • Subdivision: Alamitos Beach (Ab)
      Location
      • Region: Long Beach

      Financial & listing details

      • Price per square foot: $281/sqft
      • Tax assessed value: $1,115,051
      • Annual tax amount: $15,280
      • Date on market: 4/20/2026
      • Cumulative days on market: 70 days
      • Listing terms: Cash,Cash to New Loan,1031 Exchange

        Estimated market value

        $1,596,400

        $1.52M - $1.68M

        $4,400/mo

        Price history

        DateEventPrice
        6/15/2026Pending sale$1,650,000$281/sqft
        Source: CRMLS #PW26075600 Report a problem
        6/3/2026Contingent$1,650,000$281/sqft
        Source: CRMLS #PW26075600 Report a problem
        4/20/2026Listed for sale$1,650,000+323.1%$281/sqft
        Source: CRMLS #PW26075600 Report a problem
        6/4/2004Sold$390,000$67/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$15,280 +4.5%$1,115,051 +2%
        2024$14,619 +1.7%$1,093,188 +2%
        2023$14,381 +6.4%$1,071,754 +2%
        2022$13,517 +2.2%$1,050,740 +2%
        2021$13,231 +0.3%$1,030,138 +1%
        2020$13,195 $1,019,576 +14.6%
        2019$13,195 +29%$890,000 +8.3%
        2018$10,226 $822,051
        2017$10,226 -0.9%$822,051
        2016$10,315 +5.5%$822,051 +100%
        2015$9,782 +107.3%$411,000 +5.4%
        2014$4,719 $390,000 +16.8%
        2012-- $334,000 +11.3%
        2011-- $300,000 +22.4%
        2010-- $245,000 -31.9%
        2009-- $360,000 -14.7%
        2008-- $422,147 +2%
        2007-- $413,870 +2%
        2006-- $405,756
        2005-- $405,756 +988.4%
        2004-- $37,279 +1.9%
        2003-- $36,597 +2%
        2002-- $35,880 +4%
        2000-- $34,488
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Hellman

        Getting around

        93 / 100
        Walker's Paradise
        65 / 100
        Good Transit
        92 / 100
        Biker's Paradise

        Nearby schools

        GreatSchools rating

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