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Text MessageProperty listed by Buckingham Investments, Inc, Anthony Walker 310-561-4776
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ShareShare$1,050,000
Est. N/A/mo
334 W 5th Street
Long Beach, CA, 90802
For Sale
334 W 5th Street
Long Beach, CA, 90802
For Sale
Lot Size: 0.05 ac | House Size: N/A
Overview
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.
Property Type:
Quadruplex
Year Built:
1923
Features
None
None
WallFurnace
None
Office Info
Listing Broker:
Buckingham Investments, Inc
Listing Agent:
Anthony Walker
MLS Info
MLS #:
SB25062688
MLS Name:
California Regional MLS
Status:
Pending
Based on information from California Regional Multiple Listing Service, Inc. as of 05/13/2025 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.
Monthly Costs
$
$
20%
Optional
$
/mo
$
/mo
$
/mo
TOTAL
$4,509.30
/mo
Principal & Interest
$4,509.30
Property Taxes
$0.00
Other
$0.00
Homeowners Insurance
$0.00
HOA
$0.00
Licensed States
State: CA,
License: 01217538
Licenses
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Based on information from California Regional Multiple Listing Service, Inc. as of 05/13/2025 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.
Listing Information © 2025 California Regional MLS. All Rights Reserved.
Property listed by Buckingham Investments, Inc, Anthony Walker
Real Broker, LLC
Licensed Real Estate Broker
Broker is licensed as “Real Broker, LLC” in the following U.S. states: Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming. View state licenses.
Broker is licensed as “Real Brokerage Technologies, Inc”, in the State of California, CA DRE #2022092. Office Address: 1420 Kettner Blvd. #100, San Diego, CA 92101
Broker is licensed as “Real Broker AZ, LLC in the State of Arizona.
Broker is licensed as “Real Broker CT, LLC in the State of Connecticut.
Broker is licensed as “Real Broker MA, LLC in the State of Massachusetts.
Broker is licensed as “Real Broker NH, LLC in the State of New Hampshire.
Broker is licensed as “Real Broker NY, LLC and Real Broker, LLC in the State of New York.
Broker is licensed as “Real Brokerage Technologies, Inc.” in the State of Ohio.
Broker is licensed as “Real Broker Commercial, LLC” in the states of Maryland, North Carolina, New Jersey, New York, South Carolina, Virginia and the District of Columbia.
State/Province Office Addresses:
- AL - 1 Chase Corporate Center, Suite 400, Birmingham, AL 35244 - Connie Alexander - DB
- AK - 39899 Balentine Dr, Suite 200, Newark, CA 94560 - Jacob Sebring - Designated Broker
- AB - 1816 Crowchild Trail NW, Suite 700, Calgary, AB T2M 3Y7 - Tyrel Laqua - DB
- AZ - 39899 Balentine Dr, Suite 200, Newark, CA 94560 - Courtney Yant - DB
- AR - 39899 Balentine Dr, Suite 200, Newark, CA 94560 - Rachel Vann - Designated Broker
- BC - 666 Burrard St, Suite 500, Vancouver, BC V6C 3P6 - Adrian Langereis - RB
- CA - 39899 Balentine Dr, Suite 200, Newark, CA 94560 - Jason Lopez
- CO - 39899 Balentine Dr, Suite 200, Newark, CA 94560 - David Mathewes - DB
- CT - 39899 Balentine Dr, Suite 200, Newark, CA 94560 - Justin Mandese
- DE - 39899 Balentine Dr, Suite 200, Newark, CA 94560 - David Sordelet - DB
- DC - 39899 Balentine Dr, Suite 200, Newark, CA 94560 - Dave Kolakowski - Designated Broker
- FL - 39899 Balentine Dr, Suite 200, Newark, CA 94560 - Rebecca Redman-Hamaoui - Designated Broker
- GA - 39899 Balentine Dr, Suite 200, Newark, CA 94560 - Steve Freeman - DB
- HI - 39899 Balentine Dr, Suite 200, Newark, CA 94560 - David Lundstrom
- ID - 39899 Balentine Dr, Suite 200, Newark, CA 94560 - Gerald Dalton - Designated Broker
- IL - 39899 Balentine Dr, Suite 200, Newark, CA 94560 - John Barnak III - Firm #471019889 - License #471019889 - ilbroker@therealbrokerage.com - 217.960.8605
- IN - 39899 Balentine Dr, Suite 200, Newark, CA 94560 - Drew Dial - Designated Broker
- IA - 39899 Balentine Dr, Suite 200, Newark, CA 94560 - Timothy Scott Lucken
- KS - 39899 Balentine Dr, Suite 200, Newark, CA 94560 - Wayne A Gray-Designated Broker
- KY - 39899 Balentine Dr, Suite 200, Newark, CA 94560 - Andrew Pruitt
- LA - 39899 Balentine Dr, Suite 200, Newark, CA 94560 - Wendy LeBlanc - Designated Broker
- ME - 39899 Balentine Dr, Suite 200, Newark, CA 94560 - Julie Perrino - Designated Broker
- MB - Suite 300, 330 St. Mary Avenue, Winnipeg , MB R3C 3Z5 - Cassandra Zwiers
- MD - 39899 Balentine Dr, Suite 200, Newark, CA 94560 - Dave Kolakowski - Designated Broker
- MA - 39899 Balentine Dr, Suite 200, Newark, CA 94560 - Jeffrey Winston Hall - Designated Broker
- MI - 39899 Balentine Dr, Suite 200, Newark, CA 94560 - Angela Hyde - DB
- MN - 39899 Balentine Dr, Suite 200, Newark, CA 94560 - Travis Michael Sabby - Designated Broker
- MS - 39899 Balentine Dr, Suite 200, Newark, CA 94560 - Aritt Davis - Designated Broker
- MO - 39899 Balentine Dr, Suite 200, Newark, CA 94560 - Nicci Fears - DB
- MT - 39899 Balentine Dr, Suite 200, Newark, CA 94560 - Courtney Foster
- NE - 39899 Balentine Dr, Suite 200, Newark, CA 94560 - Laura Jo Eisenmenger - DB
- NV - 39899 Balentine Dr, Suite 200, Newark, CA 94560 - Bryan Jones - Designated Broker
- NH - 39899 Balentine Dr, Suite 200, Newark, CA 94560 - Julie Perrino - Designated Broker
- NJ - 39899 Balentine Dr, Suite 200, Newark, CA 94560 - Robert Eric Axelson
- NM - 39899 Balentine Dr, Suite 200, Newark, CA 94560 - Cassandra D Morrison - DB
- NY - 477 Madison Ave, Ste 648, New York , NY 10022 - Todd Stevens - NY Designated Broker
- NC - 39899 Balentine Dr, Suite 200, Newark, CA 94560 - LaDonna Drake - Designated Broker
- ND - 39899 Balentine Dr, Suite 200, Newark, CA 94560 - Josh Boschee - Designated Broker
- OH - 39899 Balentine Dr, Suite 200, Newark, CA 94560 - Nicole Ward - DB
- OK - 39899 Balentine Dr, Suite 200, Newark, CA 94560 - Brice Taylor
- ON - 130 King Street West, Suite 1900, Toronto, ON M5X 1E3 - Lori Ann West - DB
- OR - 39899 Balentine Dr, Suite 200, Newark, CA 94560 - Jason Walchli - Designated Broker
- PA - 39899 Balentine Dr, Suite 200, Newark, CA 94560 - William Ryan - Designated Broker
- RI - 39899 Balentine Dr, Suite 200, Newark, CA 94560 - Justin Mandese
- SC - 39899 Balentine Dr, Suite 200, Newark, CA 94560 - Ashley Eller - DB
- SD - 39899 Balentine Dr, Suite 200, Newark, CA 94560 - Andrea Simunek
- TN - 39899 Balentine Dr, Suite 200, Newark, CA 94560 - Tina Baker - Designated Broker
- TX - 39899 Balentine Dr, Suite 200, Newark, CA 94560 - Michael Yarrito - Designated Broker
- UT - 39899 Balentine Dr, Suite 200, Newark, CA 94560 - Dawn Yvette Stevens - DB
- VT - 39899 Balentine Dr, 200, Newark, CA 94560 - Sandy Reavill- Designated Broker
- VA - 39899 Balentine Dr, Suite 200, Newark, CA 94560 - Dave Kolakowski - Designated Broker
- WA - 39899 Balentine Dr, Suite 200, Newark, CA 94560 - Dan Pehlke - DB
- WV - 39899 Balentine Dr, 200, Newark, CA 94560 - Bernard Pudimott
- WI - 39899 Balentine Dr, Suite 200, Newark, CA 94560 - Dan Dyslin - Designated Broker
- WY - 39899 Balentine Dr, Suite 200, Newark, WY 94560 - JP Fluellen - Designated Broker
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State Brokerage Licenses: CA : 02022092
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