Millman Team Real Estate

$1,650,000
0.21 Acre Lot

1050 E 5th, Long Beach, California 90802

  • Residential Income Property Type
  • 2013 Year Built
Property Description

Located at 1050 E 5th St in Long Beach, this rebuilt triplex offers a rare opportunity for both investors and owner-users seeking a turnkey income property in a prime coastal market. The property has undergone a renovation, delivering modern finishes, updated systems, and low-maintenance living across all three units. Each unit features a private entrance, functional layouts, and bright, contemporary interiors designed to attract quality tenants. Ideal for owner-user with a 5 bed/3.75 bath house which can be delivered vacant. One unit can be lived in while generating strong rental income from the others—helping offset mortgage costs. The property also offers on-site parking and a clean, updated exterior, enhancing curb appeal and long-term value. Conveniently located near downtown Long Beach, residents enjoy easy access to restaurants, shopping, transportation, and the beach. With strong rental demand and no immediate capital improvements needed, this is a true turnkey opportunity in a high-demand area.

Basic Details
Residential Income
For Sale
PW26075600
$1,650,000
2013
0.21 Acre
Active
1
Mixed Use
Features
: None
: Central
: Laundry Room
: Public Sewer
$0
Address Map
CA
Los Angeles
Long Beach
Alamitos Beach (AB)
90802
5th
1050
W119° 49' 17.6''
N33° 46' 21.5''
Off Alamitos Ave
4 - Downtown Area, Alamitos Beach
E
Additional Information
$0
$0
$0
$0
$0
5864
: Sidewalks
1
6.0
: 2-5 Units/Acre
3
2026-04-20
2
: Public
Broker/Agent Information
Keller Williams Realty Downey
Robert Stepp
Listing Information
Larry Bustamante
PBUSTLAR
PB18067
Keller Williams Realty Downey
PSTEPROB
PB18067
Cash,Cash to New Loan,1031 Exchange
Active
2026-04-21T22:48:44Z
CRMLS
: Standard
2026-04-20T14:19:59Z
Agent info
Ray Millman
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