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Listed by Grant Hahn, DRE #01197893 • Morgan Skenderian
$ 1,450,000
Est. payment /mo
New
1130 E 5th ST Long Beach, CA 90802
10,020 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRPW26101958
Year Built 1943
Lot Size 10,020 Sqft
Source California Regional MLS
Property Description
. Across the street from Franklin Classical Middle School . Minutes to Alamitos Beach & Downtown Long Beach . Walking distance to 4th Street Retro Row - Walk Score of 92 . Upgraded electric panels . Approximately 18% rental upside . 6.5% Cap Rate - current rents 8.5% Cap Rate - market rents . Pro Forma 12% Return
Location
State CA
County Los Angeles
Area 699 - Not Defined
Interior
Cooling Window / Wall Unit
Laundry Laundry Area
Exterior
Garage Spaces 4.0
Pool None
Building
Water District - Public
Others
Tax ID 7266010016
Special Listing Condition Not Applicable
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