Properties
Long Beach, CA 90814 4244 E 5th Street
$5,390,000
5 more
Presented By: Albert Morell with WRE SoCal, Inc.;
Beds • 20
Baths • 6
SQFT • 10,438
Garage • 9
Home Details
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. The entry courtyard has just been refurbished. PRICE REDUCED, with a 6.06 cap rate.
Presented By: Albert Morell with WRE SoCal, Inc.;
Interior Features for 4244 E 5th Street
Bedrooms
Total Bedrooms20
Bathrooms
1/4 Baths0
3/4 Baths0
Half Baths
Total Baths22
Other Interior Features
Air Conditioning Y/NYes
Heating Y/NYes
Interior AmenitiesCeiling Fan(s)
Total Stories2
Window FeaturesDrapes, Garden Window(s)
General for 4244 E 5th Street
AppliancesDishwasher, Electric Oven, Disposal, Gas Range, Microwave
Attached Garage No
Cap Rate6.06
CityLong Beach
CoolingElectric
CountyLos Angeles
DirectionsFrom 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.
Entry LocationGround Level - no steps
Full Baths
Garage Spaces9
Garage Y/NYes
Gross Income446808
HOANo
HeatingFireplace(s)
LevelsTwo
Living Area10438
Lot Size Square Feet13086
Lot Size UnitsSquare Feet
MLS Area2 - Belmont Heights, Alamitos Heights
Net Operating Income326554
New ConstructionNo
Number Of Units Total16
Occupancy TypeTenant
Open Parking Spaces16
Patio/Porch FeaturesOpen, Patio
Pool FeaturesNone
PossessionClose Of Escrow
PostalCityLONG BEACH
Property TypeResidential Income
Rent Control Y/NNo
Security FeaturesResident Manager, Smoke Detector(s)
Senior Community Y/NNo
SewerOther
Spa FeaturesNone
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories Count2
Tenant PaysCable TV, Electricity, Gas
Year Built1972
ZoningLBR4R
Exterior for 4244 E 5th Street
Building Area Total10438
Lot Dimensions100x130
Lot Size Acres0.3004
Lot Size Area13086
Number of Buildings1
Number of Separate Electric Meters16
Number of Separate Gas Meters1
Number of Separate Water Meters1
Parking FeaturesDoor-Single, Garage, One Space
Private PoolNo
SpaNo
Total Parking25
Additional Details
Price History
Schools
High School
Hubert H Humphrey Middle School
Middle School
N/A
Elementary School
Big Hollow Elementary School
