1052 E 5th Street

Long Beach, CA 90802

  • 10 Bed(s)
  • 5 Bath(s)
  • 3,421 Sqft
  • 8922
    Sqft(Lot)
$1,600,000

Description

Welcome to 1052 east 5th street, a north alamitos beach bungalow court with 4 detached homes that are expertly sited around a lushly landscaped central courtyard. the detached separation of each home creates significant privacy and tranquility for each of its residents. with ample outdoor space, every occupant of this enviable compound can enjoy additional exterior square footage that will expand their living space. located only 5 short blocks away from the ocean, rarely do investment properties deliver such a unique and high-demand unit mix in such a fabulous location. the front bungalow offers 3 bedrooms, 1 bathroom, washer and dryer, private front porch and direct access to the backyard – bungalow a offers 3 bedrooms, 2 bathrooms, including a primary bedroom suite with attached bathroom, grassy front yard and washer and dryer – bungalow b offers 2 bedrooms, 1 bathroom and vaulted ceilings – bungalow c offers 2 bedrooms, 1 bathroom, front porch, washer and dryer and historic architectural details. this heritage investment property has been thoroughly upgraded and its current steward has spent over $200,000 in updates complete with modern kitchens, contemporary bathrooms and numerous systems upgrades. parking concerns are alleviated with substantial off-street parking that generate additional monthly income of $180 per month. the magic of this property is undeniable and has resulted in long-term stable tenants that display clear pride in their homes. the largest home, bungalow a is now vacant, it can be re-rented or would be ideal for an owner occupant! local area investment has been impressive with a newly built 6-unit building next door, street infrastructure improvements on adjacent cerritos ave and an extensive list of improvements occurring at the franklin classical middle school. with simple access to retro row, the broadway corridor, bixby park, bluff park and the paths along the pacific ocean, the magnitude of this location is undeniable. with its dynamic unit mix, numerous contemporary upgrades, supreme layout, magical outdoor space and prime location, this investment property presents a rare opportunity to attain a crown jewel.

  • Property Type

    Residential Income

  • County

    Los Angeles

  • Style

    Residential Income

  • AD ID

    46925351

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Property Details

  • Water/Sewer

    • Water Source : Public
    • Sewer : Public Sewer

  • Building Information

    • Year Built: 1923
    • Building Area Total: 3,421

    Accessibility Features

    • Parking

    Pool Features

    • None

    Laundry Features

    • None

  • Lot Details

    • Lot Dimensions Source: Vendor Enhanced
    • Lot Size Acres: 0.2048
    • Lot Size Source: Assessor
    • Lot Size Square Feet: 8922

  • Listing Price Information

    • Original List Price: 1,600,000
    • Listing Contract Date: 2024-08-30

    Lease Information

    • Listing Agreement: Exclusive Right To Sell

  • Tax Information

    • Parcel Number: 7266009025

  • Garage and Parking

    • Garage Description: Driveway

    Homeowners Association

    Rental Info

    • Lease Term: Negotiable
    • Tenant Pays: Electricity,Gas,Parking Fee,Water

  • Other Property Info

    • Source Listing Status: Active
    • Source Neighborhood: 4 - Downtown Area, Alamitos Beach
    • Postal Code Plus 4: 1606
    • Directions: 5th st
    • Source Property Type: Residential Income
    • Area: 4 - Downtown Area, Alamitos Beach
    • Property SubType: Quadruplex

    Building and Construction

    • Property Age: 101
    • Common Walls: No Common Walls
    • Structure Type: Quadruplex
    • Year Built Source: Assessor
    • Entry Level: 1
    • Entry Location: 1
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BuyOwner last updated this listing 12/18/2024 @ 06:03

  • MLS: PW24189804
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: CRMLS

is a Home, with 10 bedrooms which is for sale, it has 3,421 sqft, 8,922 sized lot, and 0 parking. A comparable Home, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of Long Beach , in zip code 90802, this Los Angeles County Home , it is in the Other Subdivision, are nearby neighborhoods.