Listed by AJ Nay, AJ Nay, Broker, (562) 856-9300 . Bought with Keller Williams Pacific Estate
5290 E Division St
Long Beach, CA 90803
Belmont Shore- Studio
- 8 Baths
- 2,712 sqft
$2,000,000
Last Sold: Aug 12, 2025
7% below list $2.15M
$737/sqft
Est. Refi. Payment $11,821/mo*
$2,000,000
Last Sold: Aug 12, 2025
7% below list $2.15M
$737/sqft
Est. Refi. Payment $11,821/mo*
Studio
8 Baths
2,712 sqft
Homes for sale near 5290 E Division St
Apartments for Rent
Local Information
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Description
Income and expense are using projected market rents and put property operating at projected 5.48% Cap and 12.4X Gross (Estimated current 4.34% and 14.4X). Located in the affluent community of Belmont Shore, a Southern California beach community and “college town” being just a few minutes from CSU Long Beach. Both buildings (also for sale with 102 Argonne 10U for $2,750,000) are meticulously cared for, and both have been upgraded with copper plumbing, and most unit interiors have been upgraded. The investment provides the opportunity to increase your return by increasing the rents to market and separate metering the building utilities, therefore, providing immediate lower overhead/increased cash flow and continued added value in the future with rising utility costs being transferred to the tenants. Laundry is leased and managed by a 3rd party offering further income upside by canceling the contract and installing your own machines. Some units may be rented at amounts different than current income rent roll. Insurance rates may not be current rate for new owner, so buyer must get own insurance quotes including flood insurance if needed. Street parking only.
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 August 14, 2025
Home Highlights
Parking
None
Outdoor
No Info
HOA
None
Price/Sqft
$737/sqft
Listed
180+ days ago
Home Details for 5290 E Division St
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Beds & Baths Number of Bathrooms: 8 |
Appliances & Utilities Laundry: Common Area |
Heating & Cooling No CoolingAir Conditioning: None |
Fireplace & Spa Spa: NoneNo Spa |
Windows, Doors, Floors & Walls Common Walls: 2+ Common Walls |
Levels, Entrance, & Accessibility Stories: 2Number of Stories: 2Levels: TwoEntry Location: street |
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Exterior Home Features No 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: 2 |
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Year Built Year Built: 1952 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Multi Family |
Building Not a New ConstructionAttached To Another StructureNo Additional Parcels |
Property Information Parcel Number: 7247011015 |
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Price List Price: $2,150,000Price Per Sqft: $737/sqft |
Status Change & Dates Off Market Date: Wed Apr 30 2025Possession Timing: Close Of Escrow |
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MLS Status: Closed |
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Direction & Address City: Long BeachCommunity: Belmont Shore (Bsd) |
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Building Area Building Area: 2712 Square Feet |
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Community Features: SidewalksNot Senior Community |
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Association for this Listing: California Regional MLS |
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Lot Area: 3485 sqft |
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Special Conditions: Standard |
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Listing Terms: Cash, Cash to New Loan, 1031 Exchange |
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Expense Tenant Pays: None |
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Has Rent Control |
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Mls Number: PW25090414Living Area Range Units: Square FeetAttribution Contact: 305-433-3300Common Interest: Community ApartmentUniversal Property Id: US-06037-N-7247011015-R-N |
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Sidewalks |
Last check for updates: about 16 hours ago
Listed by AJ Nay DRE #01249470, (305) 433-3300
AJ Nay, Broker
Bought with: Alec Kara DRE #02030808, Keller Williams Pacific Estate
Originating MLS: California Regional MLS
Source: CRMLS, MLS#PW25090414

Price History for 5290 E Division St
| Date | Price | Event | Source |
|---|---|---|---|
| 08/12/2025 | $2,000,000 | Sold | CRMLS #PW25090414 |
| 06/26/2025 | $2,150,000 | Pending | CRMLS #PW25090414 |
| 05/26/2025 | $2,150,000 | PendingToActive | CRMLS #PW25090414 |
| 05/02/2025 | $2,150,000 | Contingent | CRMLS #PW25090414 |
| 04/28/2025 | $2,150,000 | Listed For Sale | CRMLS #PW25090414 |
Comparable Sales for 5290 E Division St
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.19 | Multi-Family Home | $1,915,000 | 06/10/25 | 6 | 6 | 3,048 | |
0.25 | Multi-Family Home | $1,600,000 | 06/26/25 | 5 | 6 | 3,276 | |
0.15 | Multi-Family Home | $1,485,000 | 11/12/25 | 3 | 5 | 2,627 | |
0.39 | Multi-Family Home | $1,840,000 | 07/11/25 | 6 | 6 | 2,936 | |
0.15 | Multi-Family Home | $1,500,000 | 02/10/26 | 4 | 4 | 3,300 | |
0.34 | Multi-Family Home | $1,800,000 | 08/19/25 | 5 | 4 | 2,370 | |
0.27 | Multi-Family Home | $1,625,000 | 04/16/26 | 4 | 3 | 2,424 | |
0.31 | Multi-Family Home | $1,900,000 | 09/19/25 | 7 | 3 | 3,012 | |
0.25 | Multi-Family Home | $1,450,000 | 10/23/25 | 5 | 3 | 2,216 |
Assigned Schools
These are the assigned schools for 5290 E Division St.
What Locals Say about Belmont Shore
At least 185 Trulia users voted on each feature.
97 % Say there are sidewalks
97 % Say it's dog friendly
94 % Say it's walkable to restaurants
85 % Say people would walk alone at night
78 % Say streets are well-lit
77 % Say there's holiday spirit
71 % Say it's walkable to grocery stores
70 % Say neighbors are friendly
64 % Say yards are well-kept
62 % Say kids play outside
61 % Say they plan to stay for at least 5 years
57 % Say car is needed
46 % Say there are community events
45 % Say it's quiet
39 % Say parking is easy
38 % Say there's wildlife
Learn more about our methodology.
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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 5290 E Division St
Off Market Homes Near 5290 E Division St
Explore by feature
5290 E Division St, Long Beach, CA 90803 is a studio, 8 bathroom, 2,712 sqft multi-family built in 1952. 5290 E Division St is located in Belmont Shore, Long Beach. This property is not currently available for sale. 5290 E Division St was last sold on Aug 12, 2025 for $2,000,000 (7% lower than the asking price of $2,150,000).