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3025 E 5th Street, Long Beach, CA 90814
$5,800,000
3025 E 5th Street, Long Beach, CA 90814View this property at 3025 E 5th Street, Long Beach, CA 90814
3025 E 5th StreetLong BeachCA90814
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Property Description
3025 E. 5th Street is a 20-unit apartment asset located just one block from popular Retro Row in Long Beach, California. The property is comprised of (10) 2BD / 2BA units and (10) 1BD / 1BA units surrounding a landscaped courtyard. Fourteen (14) of the units have been fully remodeled with recessed lighting, new flooring, new kitchen countertops, cabinetry, and stainless steel appliance, new bathroom vanities, tiling, and modern fixtures and features throughout. All renovated units offer in-unit washers and dryers. The ten (10) existing garages offer the opportunity for additional income or for ADU conversion to increase rental income. The property is located in walking distance to vibrant Retro Row with attractive shopping, dining and nightlife amenities.
Full Property Details
Full Property Details for 3025 E 5th St
General
- Sold For: $5,800,000
- Status: Closed
- Type: Multi-Family
- MLS ID: PW23222053
- Added to Site: 175 day(s) ago
Rooms
Other Rooms
- Laundry: Inside
Additional Information
- Pool Description: None
Parking
- Garage Spaces: 10
Location
- Area: 3 - Eastside, Circle Area
- County: Los Angeles
- Development Name: 3 - Eastside, Circle Area
- Driving Directions: E 7th St
Utilities
- Sewer: Public Sewer
- Water: Public
- # Water Meters: 1
- # Gas Meters: 20
- # Electric Meters: 20
Structural Information
- Entry Location: 1
- Stories/Levels: Two
- Stories Description: Two
- Square Feet: 14,584
- Year Built: 1961
Unit Information
Unit 1
- Number of Units: 10
- Total Bathrooms: 1
- Bedrooms: 1
Unit 2
- Number of Units: 10
- Total Bathrooms: 1
- Bedrooms: 2
Lot Features
- Lot Size (Acres): 0.3099
- Lot Size Source: Assessor
- Zoning: LBR2N
- Lot Description: 16-20 Units/Acre
Financial Considerations
- Price Per Sq. Ft.: $397.7
- Price Per Unit: 299750
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2%
Listed and Sold by Keller Williams - Santa Monica, Robert Stepp
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Schools
Schools serving 3025 E 5th St
School District:Long Beach Unified School District
Rating | Name | Grades | Distance |
---|---|---|---|
257 Coronado Ave, Long Beach, CA 90803 | PK-5 | 0.4 mi | |
750 Euclid Ave, Long Beach, CA 90804 | 6-8 | 0.5 mi | |
4400 E 10th St, Long Beach, CA 90804 | 9-12 | 0.9 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 3025 E 5th St
Date
Details
Price
Change
Source
4/23/2024
Sold
$5,800,000
-3.25%
MLS
3/18/2024
Price Reduced
$5,995,000
-4.84%
MLS
12/07/2023
Listed
$6,300,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
3025 E 5th Street, Long Beach, CA 90814 (MLS# PW23222053) is a Multi-Family property that was sold at $5,800,000 on April 23, 2024. Want to learn more about 3025 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.