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Sold for $5,800,000
  • Listed by: Keller Williams - Santa Monica • Robert Stepp • Contact: 310-463-2916
    Bought with: Keller Williams - Santa Monica
    $5,800,000

    3025 E 5th St, Long Beach, CA 90814

    30beds
    20baths
    14,584sqft
    Mixed Use
    Built in 1961
    -- sqft lot
    $5,696,500 Zestimate®
    $398/sqft
    $2,083 Estimated rent

    Home value

    $5,696,500

    $4.84M - $6.66M

    $2,083/mo

    Zestimate® history
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    What's special

    3025 E. 5th Street is a 20-unit apartment asset located just one block from popular Retro Row in Long Beach, California. The property is comprised of (10) 2BD / 2BA units and (10) 1BD / 1BA units surrounding a landscaped courtyard. Fourteen (14) of the units have been fully remodeled with recessed lighting, new flooring, new kitchen countertops, cabinetry, and stainless steel appliance, new bathroom vanities, tiling, and modern fixtures and features throughout. All renovated units offer in-unit washers and dryers. The ten (10) existing garages offer the opportunity for additional income or for ADU conversion to increase rental income. The property is located in walking distance to vibrant Retro Row with attractive shopping, dining and nightlife amenities.

    Zillow last checked:

    Listing updated:

    Listed by:

    Robert Stepp DRE #01456379 310-463-2916,

    Keller Williams - Santa Monica

    Bought with:

    Robert Stepp, DRE #01456379

    Keller Williams - Santa Monica

    Source: CRMLS,MLS#: PW23222053MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 30
    • Bathrooms: 20
    Appliances
    • Laundry: Inside
    Features
    • Common walls with other units/homes: 2+ Common Walls
    Interior area
    • Total structure area: 14,584
    • Total interior livable area: 14,584 sqft

    Property

    Parking
    • Total spaces: 10
    • Parking features: Garage
    • Garage spaces: 10
    Features
    • Levels: Two
    • Stories: 2
    • Entry location: 1
    • Pool features: None
    Lot
    • Size: 0.31 Acres
    • Features: 16-20 Units/Acre
    Details
    • Parcel number: 7257006031
    • Zoning: LBR2N
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Mixed Use
    • Attached to another structure: Yes
    Condition
    • New construction: No
    • Year built: 1961

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Features: Sidewalks
    • Subdivision: Eastside (Es)
    Location
    • Region: Long Beach

    Financial & listing details

    • Price per square foot: $398/sqft
    • Date on market: 12/7/2023
    • Cumulative days on market: 123 days
    • Listing terms: Cash,Cash to New Loan,1031 Exchange

    Price history

    DateEventPrice
    4/23/2024Sold$5,800,000$398/sqft
    Source: CRMLS #PW23222053 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: Rose Park

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $5,696,500
    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
    $5,696,500