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$5,500,000

  • For Sale
  • Active
  • Multi-Family
  • 20 Total Beds
  • 9 Car Garage
See This Home
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This investment property is located in the coastal community of Belmont Heights, one the city's most desirable locations minutes to the beach and proximate to Belmont Shore and Naples Island. An aesthetic pride-of-ownership asset with attractive landscaping and street surroundings. All units have been upgraded with built-in stoves, microwaves and refrigerators. All units have fireplaces except the two singles. Parking consists of 9 garages and 16 spaces. The building has all-copper plumbing, new electric panels, a new security-camera system, and a recently painted exterior. PRICE REDUCED, with a 5.93 cap rate!!

Full Property Details for 4244 E 5th St

General

  • Price: $5,500,000
  • Status: Active
  • Type: Multi-Family
  • Source: CLAW
  • MLS ID: 25592845
  • Updated: 12/11/2025
  • Added to Site: 131 day(s) ago

Interior

  • Cooking Appliances: Free Standing Electric, Gas/Electric Range, Oven-Electric, Microwave

Rooms

Bathrooms

  • Total Bathrooms: 22

Bedrooms

  • Total Bedrooms: 20

Other Rooms

  • Laundry: Laundry Area

Additional Information

  • Pool Description: None
  • Spa Description: None
  • Security/Safety: Exterior Security Lights, Other, Resident Manager, Smoke Detector
  • Other Features: None

Exterior

  • Deck/Patio: Open Patio

Parking

  • Garage: Yes
  • Garage Spaces: 9
  • Covered Spaces: 9
  • Garage Description: Parking Space, Garage Is Detached, Garage - 1 Car

Location

  • Area: Belmont Heights, Alamitos Heights
  • County: Los Angeles
  • Driving Directions: From E. Ocean Blvd, head north on Redondo Ave. Turn right onto E. 4th St. Turn left onto Roswell Ave. Turn right onto E 5th St to destination on the right.

Heating & Cooling

  • Cooling Type: Electric, Ceiling Fan, Air Conditioning
  • Heating Type: Wall Electric, Fireplace

Utilities

  • Sewer: In Street
  • # Water Meters: 1
  • # Gas Meters: 16
  • # Electric Meters: 16

Structural Information

  • # Buildings: 1
  • Architectural Style: Contemporary Mediterranean
  • Windows: Awning, Drapes/Curtains, Garden Window
  • Entry Location: Ground Level - no steps
  • Stories/Levels: 2
  • Square Feet: 10,438
  • Sq. Ft. Source: Vendor Enhanced
  • Year Built: 1972
  • Year Built Source: Vendor Enhanced

Unit Information

  • Units in Complex: 16
  • Unit Type: 2106, 2107, 2108

Unit 1

  • Total Bathrooms: 1.5
  • Bedrooms: 2

Unit 2

  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 3

  • Total Bathrooms: 1

Additional Structures

  • Other Structures: None

Lot Features

  • Lot Size (Acres): 0.3004
  • Lot Size: 13086
  • Lot Size Source: Vendor Enhanced
  • Lot Dimensions: 100 x 130
  • Irrigation System: Sprinkler System
  • Zoning: LBR4R

Financial Considerations

  • Price Per Sq. Ft.: $526.92
  • Assessment Year: 1972
  • Owner Pays: Gardener, Water
  • Tenant Pays: Electricity, Gas, Cable TV, Move In Fee

Disclosures and Reports

  • Disclosures/Reports: None
  • APN: 7255-037-027

Listed by WRE SoCal, Inc., Albert Morell

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Listing agent

— 4244 E 5th St —

  • Albert Morell

    WRE SoCal, Inc.

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 4244 E 5th St

School District:Long Beach Unified School District
NameGradesDistance
Fremont Elementary School, Long Beach, CA
4000 East 4th Street, Long Beach, CA 90814
K-50.1 mi
Rogers Middle School
365 Monrovia Avenue, Long Beach, CA 90803
6-80.7 mi
Wilson High School
4400 East 10th Street, Long Beach, CA 90804
9-120.3 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 4244 E 5th St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
11/11/2025
Price Reduced
$5,500,000
-8.26%
MLS
10/13/2025
Price Reduced
$5,995,000
-7.77%
MLS
9/10/2025
Listed
$6,500,000
—
MLS
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 4244 E 5th St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$24,306
7%
$1,653,930
4%
2023
$22,779
6%
$1,589,708
2%
2022
$21,433
2%
$1,558,539
2%
2021
$20,934
—
$1,527,980
1%
2020
$20,878
1%
$1,512,313
2%
2019
$20,635
3%
$1,482,661
2%
2018
$19,962
1%
$1,453,590
2%
2017
$19,748
8%
$1,425,090
2%
2016
$18,354
4%
$1,397,148
2%
2015
$17,652
—
$1,376,162
2%
2014
$17,603
3%
$1,349,206
—
2013
$17,083
—
$1,343,110
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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NMLS#: 1598647

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Listed by WRE SoCal, Inc., Albert Morell

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4244 E 5th St, Long Beach, CA 90814 (MLS# 25592845) is a Multi-Family property with units containing 20 bedrooms and 0 full bathrooms. 4244 E 5th St is currently listed for $5,500,000 and was received on September 10, 2025. Want to learn more about 4244 E 5th St? 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.

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