737 5th, Long Beach CA 90802 | $4,400,000
Listing provided courtesy of Kevin King of Marcus & Millichap. Last updated 2025-05-06 08:11:51.000000. Listing information © 2025 SANDICOR.
New Pricing and Recent Rent Increases!” “Now a 6.21% Cap Rate at List Price. We are pleased to present a very well maintained 14- unit apartment in a fantastic East Village location. The building was built in 1964 and features 4 one-bedroom units, 4 two-bedroom units, and 6 two-bedroom two bath units. Current ownership has taken extremely good care of these buildings and over the years has replumbed the building, upgraded the electrical, installed new windows, installed a new roof and in general created a turnkey asset or a new investor. The current rents are slightly below market allowing a new owner to raise rents without turnover.
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0.17 Acres
3 Stories
