3121 E 5th

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3121 E 5th

Long Beach, CA 90814
Asking Price
Contact for price
Asset Type
Apartment Building Multifamily
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Multifamily apartment building available for sale in Long Beach
  • Asset features a total of five residential rental units
  • Located in a prominent Southern California coastal rental market
  • Property sits within the dense urban fabric of 90814
  • Suitable for investors seeking long-term residential income opportunities

What's Special

This multifamily apartment building at 3121 E 5th in Long Beach, California, is available for sale, presenting a solid acquisition for investors seeking residential income property. Comprising five units, the asset sits in a coastal Southern California market known for high rental demand and a consistent tenant base drawn to the proximity of the Pacific shoreline and the expansive Long Beach harbor economy. The property functions well for portfolio expansion or as a foundational asset for those targeting the dense urban infill market of Los Angeles County. Its location provides residents with access to major regional transit corridors and the diverse employment opportunities found within the greater metro area. Investors benefit from a stable asset class in a supply-constrained environment that characterizes much of the local submarket. This five-unit apartment building serves as a practical choice for buyers focused on long-term residential holdings within an established and vibrant neighborhood in Long Beach.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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