Long Beach, CA 90814,2310 E 5th ST
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Long Beach, CA 90814,2310 E 5th ST
Long Beach, CA 90814,2310 E 5th ST
Long Beach, CA 90814,2310 E 5th ST
Long Beach, CA 90814,2310 E 5th ST

$2,495,000

Est. payment /mo

$2,600,000

4.0%
Est.Price: ?

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2310 E 5th ST Long Beach, CA 90814

6,507 Sqft Lot

SOLD DATE : 04/02/2024

Key Details

Sold Price $2,495,000

Property Type Multi-Family

Sub Type Mixed Use

Listing Status Sold

Purchase Type For Sale

Subdivision Alamitos Beach (Ab)

MLS Listing ID PW24005106

Sold Date 04/02/24

HOA Y/N No

Year Built 1963

Lot Size 6,507 Sqft

Property Description

2310 E. 5th Street is an 8-unit apartment asset located in Long Beach, California. The property is offered at 11.92 GRM and 5.54% cap rate on current rents. The property is comprised of (3) 1BD / 1BA units; (2) 2BD / 1BA units; (1) 2BD / 2BA unit: and (2) 3BD / 3BA units. Four (4) garages offer the potential for ADU conversion. All units have been fully remodeled with recessed lighting, new flooring, new kitchen countertops, cabinetry, and stainless steel appliance, new bathrooms, and modern fixtures and features throughout. Renovated units offer in-unit washers and dryers. With an excellent Walk Score of 95, the property is located in walking distance to vibrant Retro Row with attractive shopping, dining and nightlife amenities.

Location

State CA

County Los Angeles

Area 4 - Downtown Area, Alamitos Beach

Zoning LBR3S

Interior

Fireplace No

Laundry Inside

Exterior

Garage Spaces 4.0

Garage Description 4.0

Pool None

Community Features Sidewalks

Total Parking Spaces 4

Private Pool No

Building

Lot Description 6-10 Units/Acre

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 7263020022

Energy Description 1869.0

Acceptable Financing Cash, Cash to New Loan, 1031 Exchange

Listing Terms Cash, Cash to New Loan, 1031 Exchange

Financing Cash to New Loan

Special Listing Condition Standard

Lease Land No

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California Regional MLS (CRMLS)
Listed by Robert Stepp • Keller Williams - Santa Monica • 310-463-2916
Bought with Edward Kaminsky • eXp Realty of California, Inc.

Alex Duarte

CEO | i01970077

+1(714) 373-6828

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