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Listed by Aaron Jacobson, DRE #02100737 • Lyon Stahl Investment Real Estate, Inc.
$1,395,000
Est. payment /mo
3 Beds
1 Bath
3,344 SqFt
New
531 W 5th ST Long Beach, CA 90802
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Key Details
Property Type Single Family Home
Sub Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 3,344 sqft
Price per Sqft $417
MLS Listing ID CRSB26186346
Bedrooms 3
Full Baths 1
Year Built 1923
Lot Size 7,518 Sqft
Property Sub-Type Single Family Home
Source California Regional MLS
Property Description
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, sho
Location
State CA
County Los Angeles
Area 4 - Downtown Area, Alamitos Beach
Rooms
Family Room Other
Interior
Cooling Window / Wall Unit
Fireplaces Type None
Laundry None
Exterior
Garage Spaces 4.0
Pool None
View None
Building
Story One Story
Water District - Public
Others
Tax ID 7278021039
Special Listing Condition Not Applicable
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