4244 E 5th Street, Long Beach, CA 90814

• 20 beds |
• 22 baths |
• 10,438 sqft

Property Description

Aesthetic pride-of-ownership property in Belmont Heights, one of the city's most desirable living areas minutes to the beach. All units are upgraded with built-in stoves, microwaves and refrigerators. All units have fireplaces except the two singles. There are atypical 25 parking bays: 9 garages and 16 spaces. The building has copper plumbing , new electric panels, a new security-camera system, and a recently repainted exterior. There is a MAJOR UPSIDE in rental income across the board inclusive of the unrented parking spaces, with a 5.4 cap rate at existing rents. An undeniable investment opportunity.

Listing Status:

Active

Date Added:

September 10, 2025 at 05:00AM

Listing Office:

WRE SoCal, Inc. : 916-978-4265

Listing Agent:

Albert Morell : 760-424-8027

MLS ID:

25592845

Interior

• General: Ceiling Fan(s)
• Appliances: DishwasherElectric OvenDisposalGas RangeMicrowave
• A/C: Electric
• Heating: Fireplace(s)

Exterior

• General: None
• Pool: None
• Parking: Door-SingleGarageOne SpaceParking spaces: 25

Construction

• Windows: DrapesGarden Window(s)
• General: 2

Location

• Originating MLS: CRMLS_CL
• County: Los Angeles

Lot

• Zoning: LBR4R7255037027

Utilities

• Sewer: Other

Financial

• Source: CRMLS_CL

This listing courtesy of Albert Morell, WRE SoCal, Inc.