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Sold for $2,448,000
  • Listing Provided by: West Shores Realty, Inc.
    Bought with: First Team Real Estate
    $2,448,000

    1621 E 5th St, Long Beach, CA 90802

    16beds
    16baths
    1sqft
    Multi Family
    Built in 1986
    -- sqft lot
    $2,184,800 Zestimate®
    $2,448,000/sqft
    $2,798 Estimated rent

    Home value

    $2,184,800

    $1.88M - $2.53M

    $2,798/mo

    Zestimate® history
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    $2,798/mo

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    $15,603/mo

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    What's special

    8-UNIT BUILDING LESS THAN A MILE TO THE OCEAN in Alamitos Beach in Long Beach. You must drive by this 8-unit building of 2 bedrooms, and 2 baths each unit has its own balcony. Gated 12 parking spaces and a Laundry room on ground level with room to improve rents. All 8 units are separately metered for Gas and Electricity. Units each have a comfortable layout with a master suite with an ensuite full bath then a second bedroom and another full bath in the hall. is in a great pocket neighborhood on 5th St. Built in '87 Well-maintain building fully occupied and the owner has invested in remodeled with floors, paint, appliances, etc. Top floor 4 units have cathedral ceilings for a very open feel. Great location minutes from the beach, restaurants, grocery stores, Retro Row on 4th Street (between Cherry and Junipero), close to Cal State Long Beach, Long Beach Community College 710 & 605 freeways, and transportation. You will not find a better return for this condition of building. The building is virtually turn-key with an upside in rental income to boot! THE SELLER IS MOTIVATED AND ENTERTAINING ALL OFFERS!

    Zillow last checked:

    Listing updated:

    Listing Provided by:

    Monica Esquivel DRE #01715564 800-934-5189,

    West Shores Realty, Inc.

    Bought with:

    Bill Larson, DRE #01373184

    First Team Real Estate

    Source: CRMLS,MLS#: PW23204691MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 16
    • Bathrooms: 16
    Heating
    • Wall Furnace
    Appliances
    • Laundry: Common Area
    Features
    • Common walls with other units/homes: 2+ Common Walls
    Interior area
    • Total structure area: 1
    • Total interior livable area: 1 sqft

    Property

    Parking
    • Total spaces: 12
    • Parking features: Garage
    • Garage spaces: 12
    Accessibility
    • Accessibility features: Parking
    Features
    • Levels: Three Or More
    • Stories: 3
    • Entry location: .
    • Pool features: None
    Lot
    • Size: 6,746 sqft
    • Features: 6-10 Units/Acre
    Details
    • Parcel number: 7266021025
    • Zoning: LBR1N
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    • Attached to another structure: Yes
    Condition
    • New construction: No
    • Year built: 1986

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Community
    • Community features: Street Lights
    Location
    • Region: Long Beach
    • Subdivision: Alamitos Beach (Ab)

    Other

    Other facts
    • Listing terms: Cash to Existing Loan,Trust Deed

    Price history

    DateEventPrice
    6/14/2024Listing removed--
    Source: Zillow Rentals Report a problem
    5/14/2024Price change$2,375-2.1%$2,375/sqft
    Source: Zillow Rentals Report a problem
    4/13/2024Price change$2,425-3%$2,425/sqft
    Source: Zillow Rentals Report a problem
    4/9/2024Price change$2,500+13.6%$2,500/sqft
    Source: Zillow Rentals Report a problem
    4/5/2024Listed for rent$2,200$2,200/sqft
    Source: Zillow Rentals Report a problem
    2/22/2024Sold$2,448,000-2.1%$2,448,000/sqft
    Source: CRMLS #PW23204691 Report a problem
    11/28/2023Contingent$2,500,000$2,500,000/sqft
    Source: CRMLS #PW23204691 Report a problem
    11/3/2023Listed for sale$2,500,000+108.3%$2,500,000/sqft
    Source: CRMLS #PW23204691 Report a problem
    7/26/2013Listing removed$1,200,000$1,200,000/sqft
    Source: CENTURY 21 Action ! #PW13087878 Report a problem
    5/13/2013Listed for sale$1,200,000$1,200,000/sqft
    Source: Century 21 Action #PW13087878 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: Hellman

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $2,184,800
    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
    $2,184,800