***Immediate Income Opportunity***Value-add 6-unit in Long Beach with enough land for additional units + parking. Fully renovated, strong cash flow, and ready for a developers expansion plans. High upside via development or hold. Rare Long Beach opportunity: a fully stabilized 6-unit multifamily income property (5 of 6 units recently renovated, 6th unit has been updated) offered with garage parking for 5 spaces. Located near freeway access, top Long Beach dining and shopping corridors, and waterfront attractions. Excellent for investors seeking both strong cash flow and development upside. [CROSS POSTED MLS# IV25264295]
- CA
- Long Beach
- 90802
- 1048 E 5th Street
- MLS# IV25271614
- Date Listed11/21/2025
- Days on Realty 20 Days
- Bedrooms 6
- Bathrooms 4 baths
- Lot Size 0.34 acres (14,871 sq. ft)
- Subdivision Alamitos Beach (AB)
- County Los Angeles
Exterior / Lot Features
- Roof -
- Lot Size Acres 0.34
- Lot Size SQFT 14,871.00
- Lot Features -
Directions
Alamitos and 5th
Financial Considerations
Nearby Schools
Source: School Digger
Public • PK - 5 • Serves this home
0.25 mi
Distance
Franklin Classical Middle School
Public • 6 - 8 • Serves this home
0.25 mi
Distance
Clear Passage Educational Center
Public • 9 - 12 • Serves this home
0.72 mi
Distance
Public • PK - 5 • Serves this home
0.25 mi
Distance
Public • PK - 5
1.52 mi
Distance
Public • PK - 5
1.66 mi
Distance
Public • PK - 5
1.74 mi
Distance
Public • PK - 5
1.74 mi
Distance
Olivia Nieto Herrera Elementary
Public • PK - 5
2.25 mi
Distance
Public • PK - 5
2.74 mi
Distance
Public • PK - 5
2.74 mi
Distance
Public • PK - 5
2.8 mi
Distance
Public • PK - 5
3.19 mi
Distance
Franklin Classical Middle School
Public • 6 - 8 • Serves this home
0.25 mi
Distance
Public • 6 - 8
1.82 mi
Distance
Public • 6 - 8
1.91 mi
Distance
Jefferson Leadership Academies School
Public • 6 - 8
2.41 mi
Distance
Public • 6 - 8
3.92 mi
Distance
Intellectual Virtues Academy Of Long Beach
Public • 6 - 8
4.67 mi
Distance
Public • 6 - 8
4.91 mi
Distance
Public • 6 - 8
5.41 mi
Distance
Public • 6 - 8
5.55 mi
Distance
Public • 6 - 12
6.47 mi
Distance
Clear Passage Educational Center
Public • 9 - 12 • Serves this home
0.72 mi
Distance
Renaissance High School For The Arts
Public • 9 - 12
1.16 mi
Distance
Long Beach Polytechnic High School
Public • 9 - 12
1.68 mi
Distance
Public • 9 - 12
1.91 mi
Distance
Public • 9 - 12
1.91 mi
Distance
Educational Partnership High School
Public • 10 - 12
1.91 mi
Distance
Public • 9 - 12
3.19 mi
Distance
Richard D. Browning High School
Public • 9 - 11
3.51 mi
Distance
Beach High-intensive Learning Program
Public • 9 - 12
3.51 mi
Distance
Juan Rodriguez Cabrillo High School
Public • 9 - 12
3.73 mi
Distance
Private • 09 - 12
0.25 mi
Distance
Private • KG - 12
1.68 mi
Distance
Private • PK - 12
4.89 mi
Distance
Beach Cities Learning - Long Beach
Private • 01 - 12
6.57 mi
Distance
Success Work College Preparatory Academy
Private • KG - 12
6.58 mi
Distance
Spectrum Center Schools - Lakewood High School
Private • 09 - 12
8.04 mi
Distance
Sales & Tax History
Source: Public Records
| Street Address | Beds | Baths | Sold Date | List Price | Valuation Date | Valuation Price |
|---|---|---|---|---|---|---|
| 2916 E Colorado Street | 2 | 2 | Nov 04, 2025 | $734,990 | Dec 11, 2025 | - |
| 1191 E ARCADIA Court | 3 | 3 | Dec 10, 2025 | $519,000 | Dec 11, 2025 | - |
| 355 N Colorado Place | Listing | 3 | 3 | Oct 15, 2025 | $1,249,000 | Feb 23, 2024 | $795,600 |
| 1215 E Barcelona Place | Listing | 2 | 1 | Oct 25, 2025 | $549,999 | Feb 23, 2024 | $529,750 |
| 1215 E Barcelona Place | Listing | 2 | 1 | Oct 24, 2025 | $549,999 | Feb 23, 2024 | $529,750 |
| 2225 Olive Avenue | 4 | 3 | Dec 03, 2025 | $754,000 | Dec 11, 2025 | - |
| 1243 N NORMAN Court | 2 | 2 | Dec 03, 2025 | $304,999 | Dec 11, 2025 | - |
| 2124 PASADENA Avenue | 2 | 2 | Dec 03, 2025 | $459,500 | Dec 11, 2025 | - |
| 1208 E BARCELONA Place | 2 | 1 | Dec 03, 2025 | $265,000 | Dec 11, 2025 | - |
| 1747 CHERRY Avenue | 2 | 1 | Dec 03, 2025 | $329,000 | Dec 11, 2025 | - |
Population & Environment
Source: Sperling's Best Places
| Zip | City | County | National | |
|---|---|---|---|---|
| Population | 42,353 | 469,558 | 10,113,180 | 335,858,263 |
| Population Density | 6,483 | 9,273 | 2,492 | 95 |
| People per Household | 1.9 | 2.8 | 3 | 2.6 |
| Median Age | 39.5 | 36.7 | 37.8 | 39.1 |
| Median Income | $58,958 | $67,761 | $73,262 | $66,222 |
| Average Income | $39,385 | $32,802 | $35,221 | $35,475 |
| Cost of Living Index | 77 | 114 | 124 | 100 |
| Zip | City | County | National | |
|---|---|---|---|---|
| January Avg. High Temp | 46°F | 46°F | 48.5°F | 22.6°F |
| July Avg. High Temp | 82.9°F | 82.9°F | 83.8°F | 86.2°F |
| Annual Precipitation | 12.94" | 12.94" | 15.14" | 38" |
96/100
Walker's Paradise
Walk Score ®
69/100
Good Transit
Transit Score ®
87/100
Very Bikeable
Bike Score ®
Overview
Daily errands do not require a car. Many nearby public transportation options. Biking is convenient for most trips.Transit Summary
31 nearby routes: 30 bus, 1 rail, 0 other
Walkability averages in the surrounding area
The average walkability score in the surrounding area is Walk Score: 60/100, Transit Score: 38/100, Bike Score: 59/100.
Property Change History
Points of Interest near 1048 E 5th Street, Long Beach, CA 90802
317 ft
Distance
370 ft
Distance
370 ft
Distance
475 ft
Distance
528 ft
Distance
528 ft
Distance
528 ft
Distance
581 ft
Distance
581 ft
Distance
634 ft
Distance
739 ft
Distance
317 ft
Distance
370 ft
Distance
475 ft
Distance
528 ft
Distance
634 ft
Distance
475 ft
Distance
686 ft
Distance
739 ft
Distance
317 ft
Distance
370 ft
Distance
475 ft
Distance
634 ft
Distance
634 ft
Distance
581 ft
Distance
686 ft
Distance
686 ft
Distance
686 ft
Distance
686 ft
Distance
686 ft
Distance
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Frequently Asked Questions for 1048 E 5th Street
Source: Realty.com
1048 E 5th Street, Long Beach, CA 90802 is a Multi Family, Residential Income property listed for $2,350,000 The property is - sq. ft with 6 bedrooms and 4 bathrooms
Realty.com has 20 photos of 1048 E 5th Street.
The full address for this home is 1048 E 5th Street, Long Beach, CA 90802.
1048 E 5th Street has been listed on Realty.com since Fri November 21, 2025
Daily errands do not require a car. Many nearby public transportation options. Biking is convenient for most trips.
The average walkability score in the surrounding area is Walk Score: 60/100, Transit Score: 38/100, Bike Score: 59/100.
There are 3 schools assigned to this home. Check out the schools near 1048 E 5th Street. Stevenson Elementary School (Grades: PK - 5), Franklin Classical Middle School (Grades: 6 - 8), Clear Passage Educational Center (Grades: 9 - 12)
Listing provided courtesy of:
Exp Realty Of California Inc
(tel: 888-584-9427)
Listing agent:
Jennifer Mendoza
(tel: 310-801-9060)
(#CR-IVMENDJEN)
This content last refreshed on 2025-12-11 06:51:04. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Export listing data of 1048 E 5th Street, Long Beach, CA 90802 : MLS# IV25271614