531 W 5th St, Long Beach, CA 90802
Property image
Property image
FOR SALE
Listed by Aaron Jacobson, Lyon Stahl Investment Real Estate, Inc., (310) 729-1559

$1,395,000

  • 3 Beds
  • 1 Bath
  • 3,344 sqft

531 W 5th St, Long Beach, CA 90802

Downtown
Est. Mortgage $8,894/mo*
Get Pre-Qualified

Home Highlights

Single-Family Home
Built in 1923
$417/sqft
Garage

Local Information

  • Map ViewExplore the area around 531 W 5th St.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

About this House

LIVE IN ONE AND RENT THE OTHER 6
531 W 5th St presents a unique opportunity for a buyer seeking the space, privacy, and flexibility of a single-family residence with the added benefit of substantial rental income. The property features a vacant 3-bedroom/1-bath front home with a full kitchen, dedicated dining area, Ring camera, and mini-split system, offering the feel and functionality of a standalone residence while the additional units generate income to help offset ownership costs. Beyond the main home, the property includes six additional rental units and a vacant 5-car garage, creating exceptional flexibility for an owner-occupant. The garage provides ample parking and storage, with the potential to generate additional income or be incorporated into the property's future development plans. For a homeowner, 531 W 5th St offers a rare chance to enjoy a private 3-bedroom residence while benefiting from multiple additional income streams. For extended families, multigenerational households, or buyers looking for additional space and flexibility, the property's existing layout and development potential create numerous possibilities rarely available in the Long Beach market. Ideally located just minutes from Downtown Long Beach, the property provides convenient access to the area's renowned restaurants, bars, shopping, entertainment, waterfront, and major transportation corridors. With a private residence, significant parking, established rental income, and approved plans for future expansion, 531 W 5th St offers the opportunity to own a home while letting the property work for you.

Home Details for 531 W 5th St

Interior Features

Interior Details
Number of Rooms: 9Types of Rooms: Master Bedroom, Bedroom, Master Bathroom, Entry Foyer, Family Room, Kitchen, Living Room
Beds & Baths
Number of Bedrooms: 3Main Level Bedrooms: 3Number of Bathrooms: 1Number of Bathrooms (full): 1Number of Bathrooms (main level): 1
Dimensions and Layout
Living Area: 3344 Square Feet
Appliances & Utilities
Laundry: None
Heating & Cooling
Has CoolingAir Conditioning: Wall/Window Unit(s)
Fireplace & Spa
Fireplace: NoneNo Fireplace
Windows, Doors, Floors & Walls
Common Walls: No Common Walls
Levels, Entrance, & Accessibility
Stories: 1Number of Stories: 1Levels: OneEntry Location: Front
View
No View

Exterior Features

Exterior Home Features
No Private Pool
Parking & Garage
Number of Garage Spaces: 4Number of Covered Spaces: 4Has a GarageNo Attached GarageParking Spaces: 4Parking: Garage
Pool
Pool: None
Frontage
Not on Waterfront
Water & Sewer
Sewer: Public Sewer
Surface & Elevation
Elevation Units: Feet

Days on Market

Cumulative Days on Market: 17Days on Market: 28

Property Information

Year Built
Year Built: 1923
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family ResidenceStructure Type: HouseArchitecture: House
Building
Not a New ConstructionNot Attached PropertyNo Additional Parcels
Property Information
Parcel Number: 7278021039

Price & Status

Price
List Price: $1,395,000Price Per Sqft: $417

Active Status

MLS Status: Active

Location

Direction & Address
City: Long BeachCommunity: Alamitos Beach (Ab)
School Information
High School District: Long Beach Unified

Agent Information

Listing Agent
Listing ID: SB26186346

Community

Community Features: Curbs, Suburban, Sidewalks, UrbanNot Senior Community

HOA

Association for this Listing: California Regional MLSHOA Fee: No HOA Fee

Lot Information

Lot Area: 7518 sqft

Listing Info

Special Conditions: Standard

Offer

Listing Terms: Cash, Cash to New Loan, Conventional, Contract

Miscellaneous

Mls Number: SB26186346Living Area Range Units: Square FeetAttribution Contact: 310-729-1559Common Interest: Community ApartmentUniversal Property Id: US-06037-N-7278021039-R-N

Additional Information

CurbsSuburbanSidewalksUrbanSource Internet Entire Listing Display

Around this home

Neighborhood Overview

Downtown
See Local Highlights
Neighborhood stats provided by third party data sources.

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

  • 27 % Say kids play outside

Sourced by Trulia users. Learn more about our methodology.
  • Trulia User
    "In downtown Long Beach there is almost no where to safely take your dog to walk around. "
    0
    Flag
  • Rhon Richardson
    "I love the beachside of Long Beach. "
    0
    Flag
  • Mdavis1894
    "I live downtown Long Beach. It’s lively,diverse, a little loud. Easily accessible to multiple modes of transportation, bars, and restaurants. Great spot for young adults, not so much families."
    0
    Flag
  • Nhbcfm85tf
    "Lots of pop ups and street parties in downtown Long Beach Lots of restaurants and activities plus dog parks and the beach "
    0
    Flag
  • Rhon Richardson
    "Like it. I’ve enjoyed my stay here. There is lots to do. Restaurants are nearby as well as grocers. The weather is perfect. And there are so many events here to enjoy."
    0
    Flag
  • Marcsd39
    "Thing change very quickly from 1 block to the next. There are nice hotels and good restaurants. But just be careful walking in areas not very well lit. But yes there are some amazing sights to see and things to do both day and night. "
    1
    Flag
  • Taylor.woodson4
    "As usual , keep your kids close by. Other than that downtown is solid. A lot of different places for different races with solid vibes."
    0
    Flag
  • Trulia User
    "Dog friendly, but watch your step and don't be surprised by the stench. Street cleaners can't keep up, but even worse businesses/apartment complexes don't ever rinse their buildings to assist in keeping the city nice. "
    0
    Flag
  • Trulia User
    "We have the Jazz festivals come every year,The Gospel Fest, entertainment,The Aquarium, The theater, bike rentals, you can go walking on a trail, wow looking at a an amazing Scenery ,the ocean, the beaches, shoreline Village, Lots of shopping shops etc. gorgeous exotic view beautiful sunsets need I say more it is a lot to do nice neighborhood clean just fabulous"
    6
    Flag
  • Trulia User
    "There are many dog owners in the area. It’s definitely dog friendly. They are building a new park on the block "
    0
    Flag
  • Mildred H.
    "Long Beach is a Pet Friendly city love it to death love my pets so for all the pet lovers this is the place to be"
    6
    Flag
  • Maggie F.
    "Within walking distance of multiple train stops. Busses come regularly. Very easy to get around without a car. I commuted to downtown LA for 3 months straight for work. "
    2
    Flag
  • Gene C.
    "Great dog park in the neighborhood and lots of friendly dog owners to socialize with. Plenty of vets and pet services available too. "
    1
    Flag
  • Mallory N.
    "A lot of Dog parks and open grassy areas to walk dogs and allow dogs to play. Many apartment communities allow pets in the home."
    2
    Flag
  • Donna W.
    "Lots to do, walking distance to beach, restaurants, shopping, coffee shops, etc. Multi ethnic groups. "
    15
    Flag
  • Porshatlw
    "It’s extremely dog friendly. There are so many dog owners in this neighborhood that you’ll make friends (2 & 4 legged) easily."
    0
    Flag
  • Nancy C.
    "Walking distance to the Promenade and all sorts of cute cafes and boutiques! Also the Waterfront, boardwalk, and Pike Outlets. I live at Camden Harbor View and it’s great."
    0
    Flag
  • James L.
    "my commute walking around the corner block to vons thats i use public transit which is easy access to except during current pandemic "
    0
    Flag
  • Kelly O.
    "Vegan food fest, Monday night market, taste of DTLB, first fridays, movie nights on pine and on the beach"
    0
    Flag
  • Brett R.
    "Has good access to public transportation but everyone feels unsafe on the trolley train. So I don't use it, to many homeless, drug seeking or psychiatric cases along Long Beach Blvd. and Ocean Ave."
    2
    Flag
  • Kelly O.
    "Lots of pups and parks! Sidewalks aren’t crowded and they are well lit. Most pup owners are courteous and clean up after their pups."
    0
    Flag
  • Kelly O.
    "Vegan food festivals monthly Monday night market Taste of Long Beach Dine Lbc week Pow wow lbc Love festival Music feels good Day parties on the Belmont pier"
    0
    Flag
  • Rabab A.
    "I’ve worked in LA (South Bay Area) and now the OC. Long Beach is one of those magical places where it doesn’t matter which direction you take on the 405. Either way your drive is terrible."
    2
    Flag
  • Nathan J.
    "I take public transit to work every day, transferring from the A Line to the Green Line. LA Metro has lots of annoying delays, but it’s still faster than sitting in traffic all day."
    0
    Flag
  • Julia
    "I don’t know if many “family” events, but I do see some cool stuff happening in Pine Ave. every now and then "
    1
    Flag
  • Sam D.
    "Very lively and diverse. Great restaurants and shops as well as outdoor activities. Perfect for riding bikes on weekends or beach activities."
    1
    Flag
  • Pamelagreen000
    "Residents love to live, work, and play in their own community. Its vibrant , mature, friendly, and the ocean is right there."
    0
    Flag
  • lucalalee
    "There is always something going on at the Convention Center and Downtown Long Beach has a beautiful night life."
    0
    Flag
  • Trulia User
    "It’s close to 2 really good elementary-schools close to court and police station lots of things to do"
    0
    Flag
  • Heidy
    "There are always events like the Toyota Grand Prix, lobster fest, zombie fest and Long Beach Pride. "
    0
    Flag
  • Marcos G. O.
    "Downtown lifestyle, tons of fun things to do in walking distance. Great diversity of people and tolerance."
    24
    Flag
  • Designsbyrhonda
    "Downtown Long Beach is always bustling with things to do. Food, drinks, movies, entertainment and the convention center are all in my back yard!"
    3
    Flag
  • Unspecified
    "Lived in downtown Long Beach over 10 years I love the environment and the people are very nice. Dog friendly which is a plus! Street parking is difficult."
    3
    Flag
  • Matthew G.
    "The definition of city living. Plenty of places to eat, drink, walk. Don’t count on parking however."
    0
    Flag
  • Kat
    "I’ve lived in this area for a little over two years. It’s very diverse, and friendly and neighbors look out for one another. "
    1
    Flag
  • Therealcaioo
    "It has dirty streets, with no parking space. A lot of people walk with their dogs, but few clean their poop. Trash around everywhere, also the street sweeping doesn’t work well, but they will give you a fine if you leave your car there. "
    4
    Flag

Market trends in Long Beach

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$820K
$3.33KMoM
Sale-to-List Price
100.0%
Price per sq ft
$649
$3MoM
Available listings
825
28MoM

Home Value

Trulia Estimate
$1.36M
Since last month
Decreased$39K (-2.8%)
Since last year
Decreased$39K (-2.8%)
Since last sale
Increased$390K (+40%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +25% in the last 10 years
MonthEstimated value
2026
September 2026$1.37M
August 2026$1.4M
2024
2023
2022
2021
2020

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
843 Cedar Ave, Long Beach, CA
0.35
Single-Family Home
$1,005,000
02/24/26
3
3
2,006
795 Gladys Ave, Long Beach, CA
0.37
Single-Family Home
$1,093,000
11/19/25
2
2
2,514
348 Daisy Ave, Long Beach, CA
0.12
Single-Family Home
$769,900
05/22/26
3
3
1,471
976 N Loma Vista Dr, Long Beach, CA
0.45
Single-Family Home
$800,000
10/27/25
2
1
1,120
2231 Ocana Ave, Long Beach, CA
0.37
Single-Family Home
$1,159,000
10/03/25
3
2
1,264
3540 Kemble Ave, Long Beach, CA
0.37
Single-Family Home
$878,000
10/08/25
3
1.5
1,120
326 W 10th St, Long Beach, CA
0.42
Single-Family Home
$1,125,000
05/12/26
3
2.5
2,120
823 Maine Ave, Long Beach, CA
0.29
Single-Family Home
$750,000
06/18/26
4
2
1,645

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
446 N Crystal Ct, Long Beach, CA 90802
0.04
$468,000
1
1
416
Off Market
505 W 5th St #105, Long Beach, CA 90802
0.02
$402,800
1
1
707
Off Market
505 W 5th St #204, Long Beach, CA 90802
0.02
$508,500
2
2
922
Off Market
505 W 5th St #213, Long Beach, CA 90802
0.02
$432,100
1
1
811
Off Market
528 Daisy Ave, Long Beach, CA 90802
0.02
$1,725,000
9
8
4,144
Recently Sold
426 Daisy Ave, Long Beach, CA 90802
0.06
$650,300
4
3
1,426
Off Market
535 Magnolia Ave #101, Long Beach, CA 90802
0.04
$459,500
2
2
1,014
Off Market
535 Magnolia Ave #113, Long Beach, CA 90802
0.04
$415,000
1
1
702
For Sale
535 Magnolia Ave #310, Long Beach, CA 90802
0.04
$433,000
2
2
1,014
Off Market
535 Magnolia Ave #311, Long Beach, CA 90802
0.04
$520,200
2
2
1,014
Off Market
535 Magnolia Ave #317, Long Beach, CA 90802
0.04
$508,200
2
2
920
Off Market

Price and Tax history

DateEventPrice
Aug 18, 2026
Source: CRMLS #SB26181225
Listed For Sale
$1,395,000
Jun 28, 2024
Source: Zillow Rentals
ListingRemoved
Jun 12, 2024
Source: Zillow Rentals
PriceChange
$1,336
Price decreased by 4%
May 9, 2024
Source: Zillow Rentals
Listed For Rent
$1,395
Mar 21, 2024
Source: CRMLS #NP24025759
Sold
$975,000

LGBTQ Local Legal Protections

Aaron Jacobson, Lyon Stahl Investment Real Estate, Inc.
Agent Phone: (310) 729-1559
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 2026-09-21 23:15:35 PDT 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

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Frequently asked questions about 531 W 5th St

  • What is the estimated monthly payment for 531 W 5th St?
    Based on a $1,395,000 list price with 20% down at today's rates, the estimated monthly payment for 531 W 5th St in Long Beach, CA is approximately $8,919 (about $7,472 principal & interest, $1,372 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
  • How does the list price for 531 W 5th St compare to homes in Long Beach?
    531 W 5th St in Long Beach, CA is listed at $1,395,000, about 70% above the $820K median sale price in Long Beach.
  • What do residents say about the Downtown neighborhood?
    Residents describe the Downtown neighborhood in Long Beach, CA as dog-friendly, pedestrian-friendly, and walkable to restaurants. See homes for sale in Downtown, Long Beach.
  • What are the closest schools to 531 W 5th St?
    The closest schools to 531 W 5th St in Long Beach, CA are Cabrillo High School (rated 3/10), Chavez Elementary School (rated 6/10), Washington Middle School (rated 4/10).
  • Does 531 W 5th St have air conditioning?
    Yes, 531 W 5th St in Long Beach, CA has air conditioning.
  • How big is the lot at 531 W 5th St?
    The lot at 531 W 5th St in Long Beach, CA is about 0.17 acres (7,518 sq ft).
531 W 5th St, Long Beach, CA 90802 is a 3 bedroom, 1 bathroom, 3,344 sqft single-family home built in 1923. 531 W 5th St is located in Downtown, Long Beach. This property is currently available for sale and was listed by CRMLS on Aug 25, 2026. The MLS # for this home is MLS# SB26186346.