1130 E 5th St Long Beach, CA 90802
North Alamitos Beach NeighborhoodEstimated payment $8,137/month
Highlights
- 0.23 Acre Lot
- Cooling System Mounted To A Wall/Window
- Bike Trail
- Long Beach Polytechnic High School Rated A
- Laundry Room
About This Home
• 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
Listing Agent
Morgan Skenderian Brokerage Email: gmh@morganskenderian.com License #01197893 Listed on: 05/11/2026
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1943
Lot Details
- 10,020 Sq Ft Lot
- 1 Common Wall
- Density is 16-20 Units/Acre
Parking
- 2 Open Parking Spaces
- 2 Car Garage
Home Design
- Apartment
- Entry on the 1st floor
Interior Spaces
- 4,629 Sq Ft Home
- 2-Story Property
- Laundry Room
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Bathrooms
Utilities
- Cooling System Mounted To A Wall/Window
Listing and Financial Details
- Legal Lot and Block 13 / C
- Tax Tract Number 10
- Assessor Parcel Number 7266010016
- $1,593 per year additional tax assessments
Community Details
Overview
- 3 Buildings
- 8 Units
Amenities
- Laundry Facilities
Recreation
- Bike Trail
Building Details
- 8 Separate Electric Meters
- 3 Separate Water Meters
- Insurance Expense $4,473
- Trash Expense $7,001
- Operating Expense $52,406
- Gross Income $148,140
- Net Operating Income $91,326
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 | $4,747 | $265,771 | $124,576 | $141,195 |
| 2024 | $4,747 | $260,561 | $122,134 | $138,427 |
| 2023 | $4,651 | $255,453 | $119,740 | $135,713 |
| 2022 | $4,402 | $250,445 | $117,393 | $133,052 |
| 2021 | $4,270 | $245,536 | $115,092 | $130,444 |
| 2020 | $4,258 | $243,439 | $113,912 | $129,527 |
| 2019 | $4,210 | $238,675 | $111,679 | $126,996 |
| 2018 | $4,032 | $234,005 | $109,490 | $124,515 |
| 2016 | $3,710 | $224,517 | $105,240 | $119,277 |
| 2015 | $3,587 | $221,146 | $103,660 | $117,486 |
| 2014 | $3,605 | $216,815 | $101,630 | $115,185 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/11/2026 05/11/26 | For Sale | $1,450,000 | -- | $313 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW26101958
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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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Ask me questions while you tour the home.