Property Detail

737 5th

Long Beach CA 90802

$4,500,000

Status: Active

Property Details

Description

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.

Map Location

Listing provided courtesy of Kevin King of Marcus & Millichap. Last updated 2024-11-23 09:11:38.000000. Listing information © 2024 CRMLS.

John Collins

John Collins

DRE# 01948188
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