Listed by JENNIFER MENDOZA, EXP REALTY OF CALIFORNIA INC, (888) 584-9427
1048 E 5th St
Long Beach, CA 90802
Hellman- 8 Beds
- 4 Baths
- 4,450 sqft (on 0.34 acres)
8 Beds
4 Baths
4,450 sqft
(on 0.34 acres)
Local Information
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Description
***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]
Home Highlights
Parking
Garage
Outdoor
No Info
HOA
None
Price/Sqft
$528
Listed
166 days ago
Home Details for 1048 E 5th St
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Beds & Baths Number of Bedrooms: 8Number of Bathrooms: 4 |
Appliances & Utilities Laundry: Washer Hookup,Electric Dryer Hookup |
Windows, Doors, Floors & Walls Common Walls: 1 Common Wall |
Levels, Entrance, & Accessibility Number of Stories: 2Entry Location: / |
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Exterior Home Features No Private Pool |
Parking & Garage Number of Garage Spaces: 5Number of Covered Spaces: 5Has a GarageNo Attached GarageParking Spaces: 5Parking: Door-Single,Garage,Public |
Pool Pool: None |
Frontage Not on Waterfront |
Water & Sewer Sewer: Public Sewer |
Surface & Elevation Elevation Units: Feet |
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Cumulative Days on Market: 49Days on Market: 166 |
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Year Built Year Built: 1915 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Multi Family |
Building Not a New ConstructionAttached To Another StructureNo Additional Parcels |
Property Information Parcel Number: 7266009015 |
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Price List Price: $2,350,000Price Per Sqft: $528 |
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MLS Status: Active |
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Direction & Address City: Long BeachCommunity: Alamitos Beach (Ab) |
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Listing Agent Listing ID: IV25271614 |
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Building Area Building Area: 4450 Square Feet |
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Community Features: Sidewalks, UrbanNot Senior Community |
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Association for this Listing: California Regional MLS |
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Lot Area: 0.34 acres |
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Special Conditions: Standard |
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Listing Terms: Cash, Conventional, 1031 Exchange, Owner May Carry, Submit |
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No Rent Control |
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Mls Number: IV25271614Living Area Range Units: Square FeetAttribution Contact: agentjennifermendoza@gmail.comCommon Interest: Community ApartmentUniversal Property Id: US-06037-N-7266009015-R-N |
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SidewalksUrbanSource Internet Entire Listing Display |
Last check for updates: about 3 hours ago
Listing Provided by: JENNIFER MENDOZA DRE #01991593
EXP REALTY OF CALIFORNIA INC
Originating MLS: California Regional MLS
Source: CRMLS, MLS#IV25271614

Also Listed on CRMLS, eXp Realty.
Price History for 1048 E 5th St
| Date | Price | Event | Source |
|---|---|---|---|
| 12/05/2025 | $2,350,000 | Listed For Sale | CRMLS #IV25271614 |
| 10/01/2025 | $2,500,000 | ListingRemoved | SDMLS #IV24250595 |
| 06/23/2025 | $2,500,000 | Listed For Sale | SDMLS #IV24250595 |
| 09/08/1995 | $100,000 | Sold | N/A |
| 06/02/1995 | $150,000 | Sold | N/A |
| 11/17/1994 | $198,000 | Sold | N/A |
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Property Tax and Assessment
| Year | 2025 |
|---|---|
| Tax | $23,567 |
| Assessment | $1,698,172 |
Home facts updated by county records
Comparable Sales for 1048 E 5th St
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.29 | Multi-Family Home | $1,392,000 | 11/07/25 | 8 | 7 | 4,800 | |
0.17 | Multi-Family Home | $1,950,000 | 07/28/25 | 9 | 8 | 6,096 | |
0.33 | Multi-Family Home | $1,593,000 | 01/13/26 | 4 | 4 | 4,450 | |
0.04 | Multi-Family Home | $2,200,000 | 09/29/25 | 16 | 9 | 7,122 | |
0.42 | Multi-Family Home | $1,099,000 | 12/26/25 | 6 | 4 | 2,366 | |
0.11 | Multi-Family Home | $2,025,000 | 12/31/25 | 16 | 8 | 6,144 | |
0.48 | Multi-Family Home | $1,072,000 | 01/20/26 | 8 | 4 | 3,200 | |
0.40 | Multi-Family Home | $985,000 | 12/31/25 | 7 | 6 | 2,315 | |
0.45 | Multi-Family Home | $2,550,000 | 12/02/25 | 9 | 8 | 3,816 |
Assigned Schools
These are the assigned schools for 1048 E 5th St.
What Locals Say about Hellman
At least 103 Trulia users voted on each feature.
88 % Say there are sidewalks
77 % Say it's dog friendly
73 % Say it's walkable to restaurants
73 % Say car is needed
66 % Say it's walkable to grocery stores
61 % Say there's holiday spirit
51 % Say yards are well-kept
50 % Say kids play outside
50 % Say streets are well-lit
44 % Say they plan to stay for at least 5 years
40 % Say neighbors are friendly
40 % Say there's wildlife
36 % Say it's quiet
28 % Say people would walk alone at night
23 % Say there are community events
12 % Say parking is easy
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
JENNIFER MENDOZA, EXP REALTY OF CALIFORNIA INC

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. as of 2026-02-09 09:51:42 PST 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
Based on information from California Regional Multiple Listing Service, Inc. as of 2026-02-09 09:51:42 PST 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

