Date
Details
Price
Change
Source
5/30/2026
Listed
$1,990,000
—
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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1/25
$1,990,000 Just Listed
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1/25
Property Description
Well maintained Mediterranean 5 plex is just blocks to the beach. Popular rental residential area. All units are 2 BR/1BA. 4 units are 1242 sqft and the unit above the detached 4 single car garages is 854 sqft. As the owners upgraded units, they preserved many original, ornate features such as tile work, arched openings to dining rooms, coved ceilings and polished hardwood floors. Common area laundry room. Unit #3127 will remain not rented. With the actual current rents + 1 vacancy, the CAP rate is 4.8%. Potential upside is high for investors with building improvement in mind. Potential pro-forma rent total is $152,400 and NOI can be $127,089. Potentially 6.4% CAP rate and 13 GX. It is a fantastic investment opportunity.
Full Property Details
Full Property Details for 3121 E 5th
General
- Price: $1,990,000
- Status: Active
- Type: Multi-Family
- Source: MRMLS
- MLS ID: PW26116533
- Updated: 5/30/2026
- Days on Market: 2 days
- Added to Site: 2 day(s) ago
Interior
- Rooms/Areas: Kitchen, Living Room
- Interior Features: Laminate Counters, Unfurnished
- Fireplace(s): None
- Appliances: Water Heater
- Flooring: Wood, Laminate
Rooms
Other Rooms
- Laundry: Common Area
Additional Information
- Shared Amenities: Water, Sewer
- Pool Description: None
- Spa Description: None
Parking
- Garage Spaces: 4
- Parking Features: Garage, Garage (Single Door), Driveway
- Parking: Garage, Garage (Single Door), Driveway
Location
- Area: 2 - Belmont Heights, Alamitos Heights
- County: Los Angeles
- Development Name: 2 - Belmont Heights, Alamitos Heights
- Driving Directions: Obispo and 5th
- Direction Faces: South
Heating & Cooling
- Cooling Type: None
- Heating Type: Natural Gas
Utilities
- Sewer: Sewer Paid, Public Sewer
- Water: Public
- # Water Meters: 1
- # Gas Meters: 6
- # Electric Meters: 6
Structural Information
- Architectural Style: Mediterranean
- Roof: Flat
- Entry Location: Ground
- Stories/Levels: Two
- Stories Description: Two
- Square Feet: 5,822
- Year Built: 1930
Unit Information
Unit 1
- Number of Units: 5
- Total Bathrooms: 5
- Bedrooms: 10
Lot Features
- Property View: None
- Lot Size (Acres): 0.155
- Lot Size (Sq. Ft.): 6,753
- Lot Size Source: Assessor
- Lot Dimensions: 50 x 135
- Zoning: LBR2N
- Lot Description: Paved
Financial Considerations
- Price Per Sq. Ft.: $341.81
- Price Per Unit: 398000
Listed by Remco - A. R. E. & Mgmt. Co., Ikumi Baker
We Value Your Privacy
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Listing agent
— 3121 E 5th —
Ikumi Baker
Remco - A. R. E. & Mgmt. Co.
562-310-0490
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 3121 E 5th
School District:Long Beach Unified School District
| Name | Grades | Distance |
|---|---|---|
Mann Elementary School 257 Coronado Avenue, Long Beach, CA 90803 | K-5 | 0.4 mi |
Jefferson Leadership Academies School 750 Euclid Avenue, Long Beach, CA 90804 | 6-8 | 0.4 mi |
Wilson High School 4400 East 10th Street, Long Beach, CA 90804 | 9-12 | 0.9 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 3121 E 5th
Tax History
Tax History for 3121 E 5th
Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,282
8%
$153,665
4%
2023
$3,036
5%
$147,700
2%
2022
$2,886
4%
$144,805
2%
2021
$2,784
—
$141,966
1%
2020
$2,774
1%
$140,511
2%
2019
$2,745
7%
$137,757
2%
2018
$2,565
1%
$135,057
2%
2017
$2,538
9%
$132,410
2%
2016
$2,330
3%
$129,815
2%
2015
$2,258
-1%
$127,866
2%
2014
$2,275
2%
$125,363
—
2013
$2,220
—
$124,797
—
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 3121 E 5th
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- Single Family
- Active
- Updated 7 hours ago
- 4Beds
- 4Total Baths
- 2,903Sq. Ft.
- Single Family
- Active
- Updated 2 days ago
- 3Beds
- 3Total Baths
- 1,524Sq. Ft.
- Single Family
- Active
- Updated 9 hours ago
- 4Beds
- 2Total Baths
- 1,642Sq. Ft.
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- Condo
- Active
- Updated 5 days ago
- 2Beds
- 2Total Baths
- 1,171Sq. Ft.
- Condo
- Active
- Updated 2 days ago
- 2Beds
- 3Total Baths
- 1,263Sq. Ft.
- Condo
- Active
- Updated 4 days ago
- 2Beds
- 2Total Baths
- 1,170Sq. Ft.
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3121 E 5th, Long Beach, CA 90814 (MLS# PW26116533) is a Multi-Family property with 5 units containing 0 bedrooms and 0 full bathrooms. 3121 E 5th is currently listed for $1,990,000 and was received on May 30, 2026. Want to learn more about 3121 E 5th? 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.