Sold for $2,495,000

Listing Provided by: Keller Williams - Santa Monica

Bought with: eXp Realty of California, Inc.

$2,495,000

2310 E 5th St, Long Beach, CA 90814

15beds

13baths

6,604sqft

Mixed Use

Built in 1963

-- sqft lot

$2,617,800 Zestimate^®

$378/sqft

$2,267 Estimated rent

Home value

$2,617,800

$2.33M - $2.93M

$2,267/mo

Zestimate^® history

Owner options

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$2,267/mo

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$2,267/mo

Rent Zestimate^®

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$15,932/mo

Est. payment

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$15,932/mo

Est. payment

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What's special

2310 E. 5th Street is an 8-unit apartment asset located in Long Beach, California. The property is offered at 11.92 GRM and 5.54% cap rate on current rents. The property is comprised of (3) 1BD / 1BA units; (2) 2BD / 1BA units; (1) 2BD / 2BA unit: and (2) 3BD / 3BA units. Four (4) garages offer the potential for ADU conversion. All units have been fully remodeled with recessed lighting, new flooring, new kitchen countertops, cabinetry, and stainless steel appliance, new bathrooms, and modern fixtures and features throughout. Renovated units offer in-unit washers and dryers. With an excellent Walk Score of 95, the property is located in walking distance to vibrant Retro Row with attractive shopping, dining and nightlife amenities.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 15
Bathrooms: 13

Appliances

Laundry: Inside

Features

Common walls with other units/homes: 2+ Common Walls

Interior area

Total structure area: 6,604
Total interior livable area: 6,604 sqft

Property

Parking

Total spaces: 4
Parking features: Garage
Garage spaces: 4

Features

Levels: Two
Stories: 2
Entry location: 1
Pool features: None

Lot

Size: 6,507 sqft
Features: 6-10 Units/Acre

Details

Parcel number: 7263020022
Zoning: LBR3S
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Property subtype: Mixed Use
Attached to another structure: Yes

Condition

New construction: No
Year built: 1963

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & neighborhood

Community

Community features: Sidewalks

Location

Region: Long Beach
Subdivision: Alamitos Beach (Ab)

Other

Other facts

Listing terms: Cash,Cash to New Loan,1031 Exchange

Price history

Date	Event	Price
4/2/2024	Sold	$2,495,000$378/sqft
Source: CRMLS #PW24005106 Report a problem
6/12/2020	Listing removed	$2,695
Source: Entourage Property Management Report a problem
6/5/2020	Listed for rent	$2,695
Source: Entourage Property Management Report a problem