New Pricing and Recent Rent Increases!” “Now a 6.21% Cap Rate at List Price. We are pleased to present a very well maintained 14- unit apartment in a fantastic East Village location. The building was built in 1964 and features 4 one-bedroom units, 4 two-bedroom units, and 6 two-bedroom two bath units. Current ownership has taken extremely good care of these buildings and over the years has replumbed the building, upgraded the electrical, installed new windows, installed a new roof and in general created a turnkey asset or a new investor. The current rents are slightly below market allowing a new owner to raise rents without turnover.
Off market
Listing Provided by:
Price Unknown
737 E 5th St #KT31VK14X, Long Beach, CA 90802
--beds
--baths
12,412sqft
Multi Family
Built in 1964
-- sqft lot
$-- Zestimate®
$--/sqft
$2,790 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: April 04, 2025 at 09:09am
Source: CRMLS,MLS#: PW24229677
Originating MLS: California Regional MLS

Facts & features
Interior
Heating
- Natural Gas
Appliances
- Laundry: Common Area
Features
- Common walls with other units/homes: 2+ Common Walls
Interior area
- Total structure area: 12,412
- Total interior livable area: 12,412 sqft
Property
Parking
- Total spaces: 7
- Parking features: Garage
- Garage spaces: 7
Features
- Levels: Two,Three Or More
- Stories: 2
- Entry location: Front
- Pool features: None
Lot
- Size: 7,468 sqft
- Features: 11-15 Units/Acre
Details
- Parcel number: 7281003019
- Zoning: LBPD30
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
- Attached to another structure: Yes
Condition
- New construction: No
- Year built: 1964
Utilities & green energy
- Sewer: Public Sewer, Septic Type Unknown
- Water: Public
Community & neighborhood
Community
- Community features: Curbs, Sidewalks
Location
- Region: Long Beach
HOA & financial
Other financial information
- Total actual rent: 30225
Other
Other facts
- Listing terms: Cash,Cash to New Loan,1031 Exchange