Silva Babaian  Realtor, Real Estate Agent, Granada Hills, CA

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    1049 5th Street, Long Beach, CA 90802
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    • MLS#: PW23229190 ( Commercial/Residential )
    • Street Address: 1049 5th Street
    • Viewed: 7
    • Price: $3,525,000
    • Price sqft: $0
    • Waterfront: No
    • Year Built: 1925
    • Bldg sqft: 0
    • Days On Market: 367
    • Additional Information
    • County: LOS ANGELES
    • City: Long Beach
    • Zipcode: 90802
    • Subdivision: Alamitos Beach (ab)
    • Provided by: Keller Williams - Santa Monica
    • Contact: Robert Robert
    • California Regional MLS IDX
    • DMCA Notice
    • 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.
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    Features
    Building Area Total
    1. 7607.00
    Commoninterest
    1. Community Apartment
    Common Walls
    1. 2+ Common Walls
    Country
    1. US
    Days On Market
    1. 289
    Electric Expense
    1. 1484.30
    Fuel Expense
    1. 1484.00
    Garage Spaces
    1. 4.00
    Gardner Expense
    1. 960.00
    Insurance Expense
    1. 8755.00
    Laundry Features
    1. Individual Room
    Levels
    1. Two
    Lot Features
    1. 16-20 Units/Acre
    Netoperatingincome
    1. 191606.00
    Newtaxesexpense
    1. 44497.00
    Number Of Separate Electric Meters
    1. 16
    Number Of Separate Gas Meters
    1. 16
    Otherexpense
    1. 4800.00
    Otherexpensedescription
    1. Reserves
    Parcel Number
    1. 7266007032
    Pest Control Expense
    1. 1865.00
    Pool Features
    1. None
    Postalcodeplus4
    1. 1620
    Professionalmanagementexpense
    1. 13924.00
    Property Type
    1. Commercial/Residential
    Sewer
    1. Public Sewer
    Sourcesystemid
    1. CRM
    Sourcesystemkey
    1. 407004855:CRM
    Subdivision Name Other
    1. Alamitos Beach (AB)
    Totalexpenses
    1. 96478.00
    Trash Expense
    1. 1484.30
    Water Sewer Expense
    1. 1484.30
    Water Source
    1. Public
    Year Built
    1. 1925
    Year Built Source
    1. Assessor
    Zoning
    1. LBR3S
    Headshot for Associate Silva Babaian
    1. Silva Babaian / Realtor
    2. Coldwell Banker Exclusive
    3. CalBRE Lic # 01365805
    4. Mobile: 818.414.6744
    5. Fax: 818.338.5836