Date
Details
Price
Change
Source
12/05/2025
Listed
$2,350,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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1/20
$2,350,000
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1/20
Property Description
***Immediate Income Opportunity***Value-add 6-unit in Long Beach with enough land for additional units + parking. Fully renovated, strong cash flow, and ready for a developers expansion plans. High upside via development or hold. Rare Long Beach opportunity: a fully stabilized 6-unit multifamily income property (5 of 6 units recently renovated, 6th unit has been updated) offered with garage parking for 5 spaces. Located near freeway access, top Long Beach dining and shopping corridors, and waterfront attractions. Excellent for investors seeking both strong cash flow and development upside. [CROSS POSTED MLS# IV25264295]
Full Property Details
Full Property Details for 1048 E 5th St
General
- Price: $2,350,000
- Status: Active
- Type: Multi-Family
- Source: MRMLS
- MLS ID: IV25271614
- Updated: 12/11/2025
- Days on Market: 42 days
- Added to Site: 42 day(s) ago
Rooms
Other Rooms
- Laundry: Electric Dryer Hookup, Washer Hookup
Additional Information
- Pool Description: None
Parking
- Garage Spaces: 5
- Parking Features: Garage (Single Door), Public
- Parking: Garage (Single Door), Public
Location
- Area: 4 - Downtown Area, Alamitos Beach
- County: Los Angeles
- Development Name: 4 - Downtown Area, Alamitos Beach
- Driving Directions: Alamitos and 5th
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Entry Location: /
- Square Feet: 4,450
- Year Built: 1915
Unit Information
Unit 1
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 2
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 3
- Number of Units: 1
- Total Bathrooms: 2
- Bedrooms: 1
Unit 4
- Number of Units: 1
- Bedrooms: 1
Unit 5
- Number of Units: 1
- Bedrooms: 1
Unit 6
- Number of Units: 1
- Bedrooms: 1
Lot Features
- Lot Size (Acres): 0.3414
- Lot Size (Sq. Ft.): 14,871
- Lot Size Source: Assessor
- Lot Description: Lot 10000-19999 Sqft
Financial Considerations
- Price Per Sq. Ft.: $528.09
- Price Per Unit: 391667
Listed by Exp Realty Of California Inc, JENNIFER MENDOZA
We Value Your Privacy
We Value Your Privacy
We Value Your Privacy
Listing agent
— 1048 E 5th St —
JENNIFER MENDOZA
Exp Realty Of California Inc
agentjennifermendoza@gmail.com
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 1048 E 5th St
School District:Long Beach Unified School District
| Name | Grades | Distance |
|---|---|---|
Stevenson Elementary School 515 Lime Avenue, Long Beach, CA 90802 | K-5 | 0.3 mi |
Franklin Classical Middle School 540 Cerritos Avenue, Long Beach, CA 90802 | 6-8 | 0.1 mi |
Polytechnic High School, Long Beach, CA 1600 Atlantic Ave., Long Beach, CA 90813 | 9-12 | 1 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1048 E 5th St
Tax History
Tax History for 1048 E 5th St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$23,567
6%
$1,698,172
4%
2023
$22,149
617%
$1,632,240
941%
2022
$3,087
3%
$156,758
2%
2021
$2,988
—
$153,690
1%
2020
$2,979
1%
$152,117
2%
2019
$2,946
6%
$148,900
2%
2018
$2,773
1%
$145,982
2%
2017
$2,744
8%
$143,121
2%
2016
$2,545
3%
$140,315
2%
2015
$2,467
-1%
$138,209
2%
2014
$2,490
2%
$135,503
—
2013
$2,430
—
$134,891
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1048 E 5th St
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- Single Family
- Active
- Updated 1 day ago
- 2Beds
- 1Total Bath
- 846Sq. Ft.
- Condo
- Active
- Updated 1 day ago
- 2Beds
- 2Total Baths
- 1,750Sq. Ft.
- Single Family
- Active
- Updated 1 day ago
- 4Beds
- 5Total Baths
- 3,442Sq. Ft.
- Single Family
- Active
- Updated 49 minutes ago
- 2Beds
- 1Total Bath
- 870Sq. Ft.
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- Co-op
- Active
- Updated 6 days ago
- 2Beds
- 2Total Baths
- 1,750Sq. Ft.
- Co-op
- Active
- Updated 1 day ago
- 2Beds
- 1Total Bath
- 1,150Sq. Ft.
- Co-op
- Active
- Updated 16 hours ago
- 2Beds
- 1Total Bath
- 750Sq. Ft.
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1048 E 5th Street, Long Beach, CA 90802 (MLS# IV25271614) is a Multi-Family property with 6 units containing 0 bedrooms and 0 full bathrooms. 1048 E 5th Street is currently listed for $2,350,000 and was received on December 05, 2025. Want to learn more about 1048 E 5th Street? Do you have questions about finding other Multi-Family real estate for sale in Long Beach? You can browse all Long Beach real estate or contact a Coldwell Banker agent to request more information.