Listed by Anthony Walker, Buckingham Investments, Inc, (310) 982-7055 . Bought with Buckingham Investments, Inc
334 W 5th St
Long Beach, CA 90802
Downtown- 4 Beds
- 4 Baths
- 2,688 sqft
4 Beds
4 Baths
2,688 sqft
Local Information
-- mins to
Description
Perfect 4 unit investment property right in the heart of Downtown Long Beach, benefitting from over $8 billion in new and ongoing development. The property features four 1 bed/1 bath units in 2688 square feet on a 2001 square foot lot. Well priced on actual income at 13.3X GRM with a 9% upside in rents to a market GRM of 12. Nicely remodeled interiors that offer modern finishes while maintaining the period character of the building. Simple low expense property separately metered for gas and electric. Well maintained, professionally managed Asset in a dense, high demand rental market. Attractive entry price and low price per door for a 4 unit property, offering 30 year fixed financing. The property is only 2 blocks to the massive civic center redevelopment, 2 blocks to historic Pine Avenue, and 5 blocks to Ocean Blvd. The Metro Blue Line station is only one block away for excellent transit access. Per Costar, 65% of households within a 5 mile radius are renters with an average household income of over $93,000.
334 W 5th St, Long Beach, CA 90802 is a 4 bedroom, 4 bathroom, 2,688 sqft multi-family in Downtown, built in 1923. It last sold for the $1,050,000 asking price on Aug 15, 2025. More recently, it was listed as a rental in December 2017 with an asking price of $1,495 per month. That rental listing was removed on January 30, 2018. It is currently off market. The Trulia Estimate is $1,050,200, with a rent estimate of $2,652/month.
Home Highlights
Parking
None
Outdoor
No Info
A/C
Heating only
HOA
None
Price/Sqft
No Info
Listed
180+ days ago
Home Details for 334 W 5th St
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Beds & Baths Number of Bedrooms: 4Number of Bathrooms: 4 |
Appliances & Utilities Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water ConnectedAppliances: Gas RangeLaundry: None |
Heating & Cooling Heating: Wall FurnaceNo CoolingAir Conditioning: NoneHas HeatingHeating Fuel: Wall Furnace |
Fireplace & Spa Fireplace: NoneSpa: NoneNo FireplaceNo Spa |
Gas & Electric Electric: Standard |
Windows, Doors, Floors & Walls Flooring: LaminateCommon Walls: 2+ Common Walls |
Levels, Entrance, & Accessibility Stories: 2Number of Stories: 2Levels: TwoEntry Location: 1Accessibility: NoneFloors: Laminate |
View No ViewView: None |
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Exterior Home Features Foundation: RaisedNo Private Pool |
Parking & Garage No GarageNo Attached GarageParking: None |
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: 32 |
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Year Built Year Built: 1923 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Quadruplex |
Building Not a New ConstructionAttached To Another StructureNo Additional Parcels |
Property Information Parcel Number: 7280011005 |
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Price List Price: $1,050,000 |
Status Change & Dates Off Market Date: Mon Apr 28 2025Possession Timing: Close Of Escrow |
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MLS Status: Closed |
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Direction & Address City: Long BeachCommunity: Downtown (Dt) |
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Building Area Building Area: 2688 Square Feet |
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Community Features: UrbanNot Senior Community |
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Association for this Listing: California Regional MLS |
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Lot Area: 2001 sqft |
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Special Conditions: Standard |
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Listing Terms: Cash to New Loan |
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Expense Tenant Pays: Electricity, Gas |
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Has Rent Control |
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Mls Number: SB25062688Living Area Range Units: Square FeetAttribution Contact: 310-561-4776Common Interest: NoneUniversal Property Id: US-06037-N-7280011005-R-N |
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Urban |
Last check for updates: about 3 hours ago
Listed by Anthony Walker DRE #01908153, (310) 561-4776
Buckingham Investments, Inc
Josh Ess DRE #02035659, (310) 982-7055
Buckingham Investments, Inc
Bought with: Kristen Mussenden DRE #02096276, (407) 341-3254, Buckingham Investments, Inc
Originating MLS: California Regional MLS
Source: CRMLS, MLS#SB25062688

Price History for 334 W 5th St
| Date | Price | Event | Source |
|---|---|---|---|
| 08/15/2025 | $1,050,000 | Sold | CRMLS #SB25062688 |
| 04/28/2025 | $1,050,000 | Pending | CRMLS #SB25062688 |
| 03/27/2025 | $1,050,000 | Listed For Sale | CRMLS #SB25062688 |
| 01/30/2018 | $1,395 | ListingRemoved | Agent Provided |
| 01/20/2018 | $1,395 | PriceChange | Agent Provided |
| 12/23/2017 | $1,495 | Listed For Rent | Agent Provided |
| 04/28/2017 | $685,500 | Sold | N/A |
| 12/30/1994 | $108,500 | Sold | N/A |
| 07/11/1994 | $194,797 | Sold | N/A |
Market trends in Long Beach
Last updated May 2026
Avg. sale price
$828K
$11.67KMoM
Sale-to-List Price
100.0%
Price per sq ft
$654
$16MoM
Available listings
846
79MoM
Property Tax and Assessment
| Year | 2025 |
|---|---|
| Tax | $10,891 |
| Assessment | $795,527 |
Home facts updated by county records
Comparable Sales for 334 W 5th St
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.31 | Multi-Family Home | $900,000 | 10/03/25 | 4 | 5 | 2,592 | |
0.14 | Multi-Family Home | $1,346,000 | 03/25/26 | 6 | 5 | 2,765 | |
0.34 | Multi-Family Home | $760,000 | 10/09/25 | 5 | 3 | 2,248 | |
0.60 | Multi-Family Home | $920,000 | 05/26/26 | 5 | 4 | 2,668 | |
0.23 | Multi-Family Home | $760,000 | 11/12/25 | 3 | 2 | 1,426 | |
0.77 | Multi-Family Home | $1,050,000 | 10/02/25 | 4 | 4 | 1,824 | |
0.46 | Multi-Family Home | $1,020,125 | 01/23/26 | 7 | 6 | 3,432 | |
0.92 | Multi-Family Home | $1,595,000 | 08/22/25 | 4 | 4 | 3,296 | |
0.41 | Multi-Family Home | $1,625,000 | 05/28/26 | 7 | 5 | 3,577 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 334 W 5th St.
What Locals Say about Downtown
At least 253 Trulia users voted on each feature.
94 % Say it's dog friendly
93 % Say there are sidewalks
90 % Say it's walkable to restaurants
83 % Say it's walkable to grocery stores
75 % Say streets are well-lit
59 % Say people would walk alone at night
54 % Say car is needed
53 % Say there's holiday spirit
49 % Say neighbors are friendly
43 % Say they plan to stay for at least 5 years
35 % Say there are community events
32 % Say yards are well-kept
31 % Say parking is easy
29 % Say there's wildlife
28 % Say it's quiet
28 % Say kids play outside
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
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Apartments for Rent
Homes for sale near 334 W 5th St
Off Market Homes Near 334 W 5th St

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