531 W 5th Street, Long Beach, CA 90802

Long Beach
Local realty services provided by:ERA North Orange County Real Estate
531 W 5th Street,Long Beach, CA 90802
$1,200,000
  • - Beds
  • 4 Baths
  • - sq. ft.
  • Multi-family
  • Sold
Listed by: aaron jacobson, cameron samimi
Office: lyon stahl investment real estate, inc.
MLS#:SB26181225
Source:San Diego MLS via CRMLS

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Price summary

  • Price:$1,200,000

About this home

Ideal Owner-User Opportunity󠃍󠂏󠃢󠂁󠂠󠃢󠂁󠂠󠃢󠂁󠂢󠃢󠂁󠂢󠃳󠂠󠂀󠂠 Near Downtown Long Beach 531 W 5th St is a 7-unit multifamily investment offering a rare combination of owner-user flexibility, in-place income, and upside through previously approved development plans. The property features a vacant 3-bedroom/1-bath front house with a full kitchen, dedicated dining area, Ring camera, and mini-split system, giving an owner-occupant the privacy and feel of a standalone home while collecting rental income from the remaining six units. At current rents, the property produces a 6.02% cap rate and 10.87 GRM. Previously approved plans are in place for a 3-bedroom/2-bath ADU, which brings the property to a 8.23% cap rate (including estimated construction costs) once built, a clear value-add path for an investor or owner-user looking to grow into the deal. The property also includes a vacant 5-car garage, which a buyer can lease for parking income or convert as part of the ADU plan. Located...

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Home facts

  • Subdivision & Development:Alamitos Beach (AB)
  • Listing ID #:SB26181225
  • Added:47 day(s) ago
  • Updated:October 05, 2026 at 07:08 AM

Rooms and interior

  • Total bathrooms:4

Finances and disclosures

  • Price:$1,200,000
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