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Sold for $1,560,000
  • Listed by: Keller Williams Realty Downey • Robert Stepp • Contact: 310-463-2916
    Bought with: First Team Real Estate
    $1,560,000

    1050 E 5th St, Long Beach, CA 90802

    11beds
    10baths
    5,864sqft
    Mixed Use
    Built in 2013
    -- sqft lot
    $1,547,300 Zestimate®
    $266/sqft
    $3,366 Estimated rent

    Home value

    $1,547,300

    $1.41M - $1.70M

    $3,366/mo

    Zestimate® history
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    $10,322/mo

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    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.

    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

    Bought with:

    Reilly Beezer, DRE #02134802

    First Team Real Estate

    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: $266/sqft
    • Tax assessed value: $1,137,351
    • Date on market: 4/20/2026
    • Cumulative days on market: 44 days
    • Listing terms: Cash,Cash to New Loan,1031 Exchange

    Price history

    DateEventPrice
    7/14/2026Sold$1,560,000-5.5%$266/sqft
    Source: CRMLS #PW26075600 Report a problem
    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
    2026-- $1,137,351 +2%
    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

    Neighborhood: Hellman

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $1,547,300
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,547,300