Listed by Sarah Sees Smith, Seven Gables Real Estate, (714) 840-1031 . Bought with Kevin C. Hoban, Broker
4024 E 5th St
Long Beach, CA 90814
Belmont Heights- 4 Beds
- 2 Baths
- 2,040 sqft
4 Beds
2 Baths
2,040 sqft
Local Information
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Description
Unlock the potential of this Spanish-style duplex, ideally situated in the highly desirable Belmont Heights Historic Neighborhood. This investment property combines timeless architectural appeal with immediate income-generating potential, making it a standout addition to any portfolio. Both units are currently tenant-occupied with rents at or near market value, providing steady income from day one. The property has been freshly painted, ensuring low maintenance costs and strong tenant retention. A newly constructed deck enhances the property's appeal, offering additional outdoor living space. Adding to the property's allure is its expansive lot, complete with mature orange trees that not only enhance the landscape but also offer an extra selling point for future tenants. The sizable lot presents a unique opportunity for further development, including the addition of ADUs (Accessory Dwelling Units), allowing you to maximize rental income and significantly increase property value (buyer to verify with City of Long Beach). Looking ahead, the upcoming 2028 Olympic Games in Long Beach presents a unique advantage for investors. With Long Beach set to host several Olympic events, the area is expected to see a surge in demand for short-term and long-term rentals, driving potential increases in rental income and property value. This duplex offers the perfect opportunity to capitalize on the increased attention and influx of visitors to the area, making it an even more attractive investment.This property is not just a piece of real estate; it’s a strategic investment in one of Long Beach's most storied neighborhoods. Whether you’re looking to expand your portfolio or capitalize on the growing demand for quality rental properties, this duplex offers both immediate returns and long-term appreciation potential.
Seize this rare opportunity to invest in Belmont Heights—where historic charm meets modern profitability!
Seize this rare opportunity to invest in Belmont Heights—where historic charm meets modern profitability!
This property is off market, which means it's not currently listed for sale or rent on Trulia. This may be different from what's available on other websites or public sources. This description is from January 28, 2025
Home Highlights
Parking
Garage
Outdoor
No Info
A/C
Heating only
HOA
None
Price/Sqft
No Info
Listed
180+ days ago
Home Details for 4024 E 5th St
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Beds & Baths Number of Bedrooms: 4Number of Bathrooms: 2 |
Appliances & Utilities Appliances: Dryer, WasherDryerLaundry: Laundry RoomWasher |
Heating & Cooling Heating: Wall FurnaceNo CoolingAir Conditioning: NoneHas HeatingHeating Fuel: Wall Furnace |
Fireplace & Spa Fireplace: NoneNo Fireplace |
Windows, Doors, Floors & Walls Common Walls: No Common Walls |
Levels, Entrance, & Accessibility Stories: 2Number of Stories: 2Levels: TwoEntry Location: Ground Level |
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Exterior Home Features No Private Pool |
Parking & Garage Number of Garage Spaces: 2Number of Covered Spaces: 2Open Parking Spaces: 3Has a GarageNo Attached GarageParking Spaces: 5Parking: Garage,Uncovered |
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: 63 |
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Year Built Year Built: 1924 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: DuplexArchitecture: Spanish |
Building Not a New ConstructionNot Attached Property |
Property Information Not Included in Sale: Tenants personal property.Included in Sale: Seller owned appliances.Parcel Number: 7255019008 |
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Price List Price: $1,325,000 |
Status Change & Dates Off Market Date: Tue Jan 28 2025Possession Timing: Close Of Escrow |
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MLS Status: Closed |
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Direction & Address City: Long BeachCommunity: Belmont Heights (Bh) |
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Building Area Building Area: 2040 Square Feet |
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Community Features: Curbs, Storm Drain(s), Street Lights, SidewalksNot Senior Community |
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Association for this Listing: California Regional MLS |
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Lot Area: 6770 sqft |
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Special Conditions: Trust |
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Contingencies: Seller to do a 1031 exchange at no extra cost to the buyer.Listing Terms: 1031 Exchange |
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Expense Tenant Pays: All Utilities |
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Has Rent Control |
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Mls Number: PW24167619Living Area Range Units: Square FeetAttribution Contact: sarahs@sevengables.comBack On Market Date: Tue Nov 05 2024Common Interest: NoneUniversal Property Id: US-06037-N-7255019008-R-N |
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CurbsStorm Drain(s)Street LightsSidewalks |
Last check for updates: 15 minutes ago
Listed by Sarah Sees Smith DRE #02139512
Seven Gables Real Estate
Bought with: Kevin Hoban DRE #00924277, Kevin C. Hoban, Broker
Originating MLS: California Regional MLS
Source: CRMLS, MLS#PW24167619

Price History for 4024 E 5th St
| Date | Price | Event | Source |
|---|---|---|---|
| 04/11/2025 | $3,100 | ListingRemoved | Zillow Rentals |
| 03/20/2025 | $3,100 | Listed For Rent | Zillow Rentals |
| 01/28/2025 | $1,345,000 | Sold | CRMLS #PW24167619 |
| 12/02/2024 | $1,325,000 | Contingent | CRMLS #PW24167619 |
| 11/29/2024 | $1,325,000 | PendingToActive | CRMLS #PW24167619 |
| 11/23/2024 | $1,325,000 | Contingent | CRMLS #PW24167619 |
| 11/05/2024 | $1,325,000 | Listed For Sale | CRMLS #PW24167619 |
| 03/18/2004 | $620,000 | Sold | N/A |
Property Tax and Assessment
| Year | 2025 |
|---|---|
| Tax | $11,604 |
| Assessment | $881,492 |
Home facts updated by county records
Comparable Sales for 4024 E 5th St
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.12 | Multi-Family Home | $1,230,000 | 02/27/26 | 4 | 2 | 1,812 | |
0.05 | Multi-Family Home | $1,542,000 | 06/13/25 | 5 | 3 | 2,992 | |
0.33 | Multi-Family Home | $1,310,000 | 03/12/26 | 4 | 3 | 2,192 | |
0.43 | Multi-Family Home | $1,375,000 | 11/10/25 | 4 | 3 | 1,972 | |
0.43 | Multi-Family Home | $1,375,000 | 11/10/25 | 4 | 3 | 1,972 | |
0.44 | Multi-Family Home | $935,000 | 03/12/26 | 4 | 2 | 1,768 | |
0.42 | Multi-Family Home | $1,402,500 | 11/07/25 | 4 | 2 | 2,340 | |
0.56 | Multi-Family Home | $1,450,000 | 06/27/25 | 4 | 3 | 1,970 | |
0.49 | Multi-Family Home | $1,050,000 | 04/24/26 | 3 | 3 | 1,975 |
Assigned Schools
These are the assigned schools for 4024 E 5th St.
What Locals Say about Belmont Heights
At least 239 Trulia users voted on each feature.
98 % Say there are sidewalks
97 % Say it's dog friendly
97 % Say it's walkable to restaurants
83 % Say people would walk alone at night
80 % Say it's walkable to grocery stores
79 % Say streets are well-lit
76 % Say there's holiday spirit
70 % Say they plan to stay for at least 5 years
70 % Say car is needed
65 % Say neighbors are friendly
57 % Say yards are well-kept
54 % Say kids play outside
52 % Say there's wildlife
49 % Say parking is easy
43 % Say it's quiet
40 % Say there are community events
Learn more about our methodology.
LGBTQ Local Legal Protections
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Apartments for Rent
Homes for sale near 4024 E 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
Homes for rent near 4024 E 5th St
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4024 E 5th St, Long Beach, CA 90814 is a 4 bedroom, 2 bathroom, 2,040 sqft multi-family built in 1924. 4024 E 5th St is located in Belmont Heights, Long Beach. This property is not currently available for sale. 4024 E 5th St was last sold on Jan 28, 2025 for $1,345,000 (2% higher than the asking price of $1,325,000). The current Trulia Estimate for 4024 E 5th St is $1,337,300.