1050 E 5th St Long Beach, CA 90802
North Alamitos Beach NeighborhoodEstimated payment $10,027/month
Highlights
- 0.21 Acre Lot
- Laundry Room
- Central Heating
- Long Beach Polytechnic High School Rated A
About This Home
Located at 1050 E 5th St in Long Beach, this rebuilt triplex offers a rare opportunity for both investors and owner-users seeking a turnkey income property in a prime coastal market. The property has undergone a renovation, delivering modern finishes, updated systems, and low-maintenance living across all three units. Each unit features a private entrance, functional layouts, and bright, contemporary interiors designed to attract quality tenants. Ideal for owner-user with a 5 bed/3.75 bath house which can be delivered vacant. One unit can be lived in while generating strong rental income from the others—helping offset mortgage costs. The property also offers on-site parking and a clean, updated exterior, enhancing curb appeal and long-term value. Conveniently located near downtown Long Beach, residents enjoy easy access to restaurants, shopping, transportation, and the beach. With strong rental demand and no immediate capital improvements needed, this is a true turnkey opportunity in a high-demand area.
Listing Agent
Keller Williams Realty Downey Brokerage Phone: 310-463-2916 License #01456379 Listed on: 04/20/2026
Co-Listing Agent
Keller Williams Realty Downey Brokerage Phone: 310-463-2916 License #00762602
Property Details
Home Type
- Multi-Family
Year Built
- Built in 2013
Lot Details
- 8,968 Sq Ft Lot
- 1 Common Wall
- Density is 2-5 Units/Acre
Parking
- 1 Open Parking Space
- 6 Car Garage
Home Design
- Property Attached
- Entry on the 1st floor
Interior Spaces
- 5,864 Sq Ft Home
- 2-Story Property
- Laundry Room
Bedrooms and Bathrooms
- 8 Bedrooms
- 7 Bathrooms
Utilities
- Central Heating
Listing and Financial Details
- Tax Lot 7
- Tax Tract Number 5765
- Assessor Parcel Number 7266009024
- $1,129 per year additional tax assessments
Community Details
Overview
- 2 Buildings
- 3 Units
- Alamitos Beach Subdivision
Building Details
- Rent Control
- 4 Separate Electric Meters
- 3 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $750
- Fuel Expense $750
- Gardener Expense $600
- Insurance Expense $4,984
- Maintenance Expense $1,950
- Other Expense $675
- Pest Control $500
- Professional Management Expense $6,321
- Trash Expense $750
- Water Sewer Expense $750
- New Taxes Expense $21,526
- Operating Expense $39,507
- Gross Income $126,426
- Net Operating Income $86,919
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $14,619 | $1,115,051 | $426,531 | $688,520 |
| 2024 | $14,619 | $1,093,188 | $418,168 | $675,020 |
| 2023 | $14,381 | $1,071,754 | $409,969 | $661,785 |
| 2022 | $13,517 | $1,050,740 | $401,931 | $648,809 |
| 2021 | $13,231 | $1,030,138 | $394,050 | $636,088 |
| 2020 | $13,195 | $1,019,576 | $390,010 | $629,566 |
| 2019 | $677 | $890,000 | $335,600 | $554,400 |
| 2018 | $10,226 | $822,051 | $310,000 | $512,051 |
| 2016 | $9,782 | $822,051 | $310,000 | $512,051 |
| 2015 | $9,522 | $411,000 | $310,000 | $101,000 |
| 2014 | $4,719 | $390,000 | $294,000 | $96,000 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/20/2026 04/20/26 | For Sale | $1,650,000 | -- | $281 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | -- | |
| Warranty Deed | -- | None Available | |
| Warranty Deed | -- | None Available | |
| Warranty Deed | $390,000 | Lawyers Title | |
| Warranty Deed | -- | -- |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | -- | No Value Available | |
| Previous Owner | $200,000 | Purchase Money Mortgage |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW26075600
APN: 7266-009-024
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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