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$1,385,000
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Property Description
•Across the street from Franklin Classical Middle School
•Minutes to Alamitos Beach & Downtown Long Beach
•Walking distance to 4th Street Retro Row - Walk Score of 92
•Upgraded electric panels
•Approximately 18% rental upside
•6.5% Cap Rate - current rents 8.5% Cap Rate - market rents
•Pro Forma 12% Return
Full Property Details
Full Property Details for 1130 E 5th St
General
- Sold For: $1,385,000
- Status: Closed
- Type: Multi-Family
- Source: MRMLS
- MLS ID: PW26101958
- Added to Site: 59 day(s) ago
Rooms
Other Rooms
- Laundry: Common Area
Additional Information
- Pool Description: None
Parking
- Garage Spaces: 2
Location
- Area: 699 - Not Defined
- County: Los Angeles
- Development Name: 699 - Not Defined
- Driving Directions: south of Alamitos Ave
Heating & Cooling
- Cooling Type: Wall/Window Unit(s)
Utilities
- Sewer: Public Sewer
- Water: Public
- # Water Meters: 3
- # Electric Meters: 8
Structural Information
- Entry Location: 1
- Square Feet: 4,629
- Year Built: 1943
Unit Information
Unit 1
- Number of Units: 7
- Total Bathrooms: 1
- Bedrooms: 1
Unit 2
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 2
Lot Features
- Lot Size (Acres): 0.23
- Lot Size Source: Assessor
- Lot Description: 16-20 Units/Acre
Financial Considerations
- Price Per Sq. Ft.: $299.2
- Price Per Unit: 181250
Listed by Morgan Skenderian, Grant Hahn
Sold by California Financial & RE Ctr, Theary Sim-Ieng
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Schools
Schools serving 1130 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 | 0.4 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 ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1130 E 5th St
Date
Details
Price
Change
Source
7/08/2026
Sold
$1,385,000
-4.48%
MLS
5/11/2026
Listed
$1,450,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1130 E 5th Street, Long Beach, CA 90802 (MLS# PW26101958) is a Multi-Family property that was sold at $1,385,000 on July 08, 2026. Want to learn more about 1130 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.

