1049 East 5th Street
1049 East 5th Street
$3,525,000
1
16
7,607
7,607
$463
Description
1049 E. 5th Street is a 16-unit, apartment building located in North Alamitos Beach. The property is priced at 5.44% cap rate and 11.87 GRM at current rents. The property is comprised of nine (9) 1 BD / 1 BA units and seven (7) studio units. The majority of units have hardwood floors, and the first-floor units offer private patios. Onsite laundry, garages and storage spaces provide additional income, and the four (4) garages also have the ability to be converted to ADUs.1049 E. 5th Street is a 16-unit, apartment building located in North Alamitos Beach. The property is priced at 5.44% cap rate and 11.87 GRM at current rents. The property is comprised of nine (9) 1 BD / 1 BA units and seven (7) studio units. The majority of units have hardwood floors, and the first-floor units offer private patios. Onsite laundry, garages and storage spaces provide additional income, and the four (4) garages also have the ability to be converted to ADUs.
- Listed by Robert Stepp • DRE #01456379 • Brokerage DRE #01499010 • Keller Williams - Santa Monica • 310-463-2916
Property Details for 1049 East 5th Street
Parking Spaces Total
4
Private PoolNo
Total Units16.0
Building TypeAttached
Lot Size SourceAssessor
Living Area7607
Assessor Parcel Number7266-007-032
Property Attached YNtrue
Location
LISTING UPDATED: 04/16/2024 06:25 AM
Property Details for 1049 East 5th Street
Status | Active |
---|---|
MLS # | PW23229190 |
Days on Market | 129 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Mixed Use |
MLS Type | Residential Income |
Year Built | 1925 |
Lot Size | 0.20 AC / 8,756 SF |
County | Los Angeles County |
Location
Building Information for 1049 East 5th Street
Stories2Residences-Year Built1925Building Size-Lot Size0.20 AC / 8,756 SF
Payment Calculator
$23,163 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 1049 East 5th Street
Property History for 1049 East 5th Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 1049 East 5th Street
Taxable ValueLand$2,320,500Additions$1,250,860Total$3,571,360
Tax Record2023$47,113 ($3,926 / month)
Home Facts
Total Finished SqFt7,607 SqFtAbove Grade Finished SqFt7,607 SqFtLot Size8,757 SqFtStyleMulti-Family Res (5+ Units)Year Built1925ZoningLBR3SCountyLOS ANGELESAPN7266-007-032
Schools near 1049 East 5th Street
This home is within Long Beach Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Stevenson Elementary School PublicK to 5 | ||
Franklin Classical Middle School Public6 to 8 | ||
Polytechnic High School Public9 to 12 | ||
Renaissance High School For The Arts Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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